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Alpha Commercial Property
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U1 & 2, 59 Tennant St Fyshwick, ACT 2609

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For Sale

U1 & 2, 59 Tennant St Fyshwick, ACT 2609

Shop & Retail • Showrooms & Bulky Goods • Warehouse, Factory & Industrial
Sale Price

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Land area

972.0m²

Floor area

598.0m²

Car spaces

6

Parking info

Allocated on site

Property extent

Whole

Zoning

IZ2 (Industrial Mixed Use)

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$98,041
Number of Tenants
1 Tenant
Tenants / Type
Waterland Irrigation

PRIME LOCATION SECURED WITH HIGH QUALITY TENANT

  • EXCELLENT LOCATION
  • 100% LEASED TO SEPTEMBER 2021 + OPTIONS
  • LONG TERM HIGH QUALITY TENANT
Offered for sale in one line are units 1 & 2 of 59 Tennant St Fyshwick.

The units are part of a 6 unit strata development identified as Units Plan 1776. The units are situated on the ground floor of the property and are currently leased to Waterland to September 2021 with Options.

UNIT 1
Unit 1 has a total GFA of 642sqm and comprises of 292sqm NLA under roof with an additional 309sqm NLA of hardstand yard space at the rear of the property with allocated parking to front of 41sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity. The hardstand yard space has been secured by fencing and is covered from the elements.

UNIT 2
Unit 2 has a total GFA of 330sqm and comprises of 289sqm NLA under roof with an additional 14sqm NLA of hardstand yard space at the rear of the property for vehicle parking with allocated parking to front of 27sqm. The premises is made up of retail area, offices and storage area. The retail and office area has quality fitout that includes carpet, tiles, suspended ceiling and ducted air conditioning including staff amenity.

Both units are Leased to Waterland Irrigation until 30 September 2021 + Options. Waterland is the longest running and biggest irrigation specialist in the ACT. Established in 1978, Waterland has been in this location since construction of the property was completed in 1999. An established long term tenant.

Combined Net Income is $98,041.00 this property represents as an excellent entry level commercial property investment.

Inspections are by appointment ONLY. Call Chris Drakakis now on 0417 438 931 for further information and inspection appointment.


Additional information

Property ID: 503170550Last Updated: 16 May 2019

0417 *** ***
Alpha Commercial Property
U1 & 2, 59 Tennant St
Fyshwick, ACT 2609

Alpha Commercial Property

Unit 11, 19-25 Kembla St
FYSHWICK, ACT 2609

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Alpha Commercial Property

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Alpha Commercial Property

Unit 11, 19-25 Kembla St
FYSHWICK, ACT 2609
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Chris Drakakis

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Chris Drakakis
Alpha Commercial Property
U1 & 2, 59 Tennant St Fyshwick, ACT 2609

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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