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Colliers - Canberra

16 Nyrang Street Fyshwick, ACT 2609

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16 Nyrang Street,
Fyshwick, ACT 2609

Warehouse, Factory & Industrial

Key property information

Floor area

Parking info

Property extent

Zoning

Tenure type

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Colliers - Canberra
Paul Powderly
Matthew Winter

Colliers - Canberra

Level 8, 68 Northbourne Ave
CITY, ACT 2601
Colliers - Canberra
16 Nyrang Street
Fyshwick, ACT 2609

Map of 16 Nyrang Street

Directions

Land Rich Investment in Strategic Inner South Precinct

  • 100% leased by long-standing tenant
  • Substantial site area of 8,676m²
  • Strategic Fyshwick location
Situated on a land rich parcel within a highly coveted area of Canberra’s Inner South, 16 Nyrang Street, Fyshwick is an exceptional investment or future owner occupier opportunity. The asset comprises a freestanding warehouse offering ~5,500m² of NLA across a single level building plus mezzanine office. The property is rectangularly shaped and features a wide frontage of ~70m to Nyrang Street (north-west facing) with hardstand area and significant onsite parking.

The asset is 100% leased with a strong 20+ year history of occupation by the current tenant, who has recently executed a new 3-year lease extension. There are no options included in the new lease arrangement, providing flexibility to a future owner.

16 Nyrang Street sits prominently opposite the Fyshwick Fresh Food markets, and <100m from the major arterial road of Canberra Avenue. The high-profile site is surrounded by a mix of industrial office and warehouse properties, with major facilities such as the Canberra Outlet Centre, Kingston Foreshore and Manuka Shopping precinct all being within a 3km radius. In addition, the property lies within an area known as the East Lake Precinct, currently under investigation by the ACT Government for future re-zoning.

For sale by Expressions of Interest (EOI) closing Thursday 15 December 2022 at 4pm (AEDT).

Fyshwick, 2609 demographic data

The median household income for Fyshwick is $1,374, 42% lower than Australian Capital Territory's household income of $2,373. Fyshwick has an older age profile compared to the rest of Australian Capital Territory (median age 37 vs 35).

52
Population
$1,374 per week
Median household income
37 years
Median age
Renters
Most residents
Families
Most households

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