Burgess Rawson is delighted to exclusively present this outstanding tenanted investment, strategically positioned in one of Fyshwick’s most prominent and tightly held locations on Townsville Street. Boasting excellent exposure to passing traffic, strong connectivity to key arterial roads, and proximity to major commercial and industrial precincts, this property represents a rare opportunity to secure a quality asset in Canberra’s premier bulky goods and industrial hub.

This offering features two standalone buildings on a prominent Fyshwick site, enjoying exceptional visibility from high passing traffic and excellent connectivity via Canberra Avenue and the Monaro Highway. The location provides seamless access to Queanbeyan, Canberra CBD, and Canberra Airport, making it one of the most accessible and well-positioned properties in the region. With outstanding signage and exposure opportunities, the asset presents strong appeal for both investors and occupiers.

Positioned within Canberra’s premier commercial and industrial hub, this location offers a dynamic blend of retail, trade, and essential services. It benefits from proximity to the Canberra Outlet Centre, home to more than 110 national retailers, and is surrounded by major operators including Bunnings, Harvey Norman, The Good Guys, and Chemist Warehouse. The area also boasts a strong presence of Commonwealth Government offices and Defence agencies, alongside a thriving private-sector business network, creating a highly active and diverse commercial environment.

Property Features
+ Two large, freestanding buildings (total building area: 1,750sqm)
+ Constructed of concrete, brick, and floor-to-ceiling glass panels
+ Metal roofing system and upgraded front exterior cladding
+ Upgraded air-conditioning and modern wet areas
+ Two separate fenced rear yards with on-site private car/truck parking
+ Convenient customer parking at the front of each tenancy

Investment Highlights
+ Secure income stream – multiple tenants
+ A new 10-year lease with option ( Units 1 & 2/33-35 Townsville ST)
+ A new 5-year leases with option (Unit 3/33–35 Townsville St)
+ New 5-year lease + two 3-year leases ( 37–39 Townsville ST)
+ Estimated net income: $307,029 p.a. + GST
+ Zoning: IZ2 Industrial Mixed Use
+ Block area: 3,716sqm

Sale price guide: $5.2 million (ex GST)

Demand for quality units of this size in Fyshwick is strong, with very limited availability – making this a rare and highly attractive opportunity.

Key Investment Attributes
+ High exposure corner location
+ Two freestanding buildings
+ Multiple access points
+ On-site parking
+ Secure leases with annual increases
+ Long-term growth potential

For Sale by Private Treaty

For further information please contact Steve Burke on 0428 434 464.