Sold
1 Albany Street,
Fyshwick 2609, Australian Capital Territory
Price withheld
Property details
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Agents
Fully-Leased, Prominent Industrial Investment with Value-Add Potential
• 4,377m²* corner site
• 1.79-year^ WALE by income
• 1,376m²* of internal NLA
1 Albany Street, Fyshwick presents an exceptional opportunity to secure a fully leased industrial investment within Canberra's largest industrial precinct. 1 Albany Street is offered for sale by Expression of Interest closing 3pm Tuesday 21 April 2026, as part of the Kennards Portfolio.
Positioned on the high-exposure corner of Albany Street and Collie Street, the asset comprises two freestanding dual-level industrial buildings and a substantial leased hardstand area. The property delivers 1,376m²* of internal NLA on a significant 4,377m²* landholding with a wide ~40m frontage to Albany Street, providing excellent visibility, access and signage potential.
The asset is 100% leased to five tenants, generating a gross passing income of $373,973* ex GST and supported by a 1.79-year^ WALE by income. The staggered lease expiry profile offers secure holding income with future repositioning and value-add potential, underpinned by strong demand for industrial accommodation in the Fyshwick precinct.
Key Investment Highlights Include:
• Fully leased industrial investment with 1.79-year^ WALE by income and diversified tenant profile.
• 1,376m²* total NLA across two freestanding buildings plus substantial leased hardstand.
• Large 4,377m²* corner site with ~40m frontage to Albany Street.
• Gross passing income of $373,973* ex GST with strong outgoings recoveries.
• High-visibility location with excellent access and prominent signage opportunities.
• IZ2: Industrial Mixed-Use zoning allowing a wide range of industrial and commercial uses.
• Strong demand for industrial accommodation in Fyshwick, Canberra's premier trade and service precinct.
• Future value-add potential through redevelopment**, leasing negotiations or asset repositioning.
For more information or to arrange an inspection contact the listing agents.
*approximately
^as at 1 March 2026
**STGA
• 1.79-year^ WALE by income
• 1,376m²* of internal NLA
1 Albany Street, Fyshwick presents an exceptional opportunity to secure a fully leased industrial investment within Canberra's largest industrial precinct. 1 Albany Street is offered for sale by Expression of Interest closing 3pm Tuesday 21 April 2026, as part of the Kennards Portfolio.
Positioned on the high-exposure corner of Albany Street and Collie Street, the asset comprises two freestanding dual-level industrial buildings and a substantial leased hardstand area. The property delivers 1,376m²* of internal NLA on a significant 4,377m²* landholding with a wide ~40m frontage to Albany Street, providing excellent visibility, access and signage potential.
The asset is 100% leased to five tenants, generating a gross passing income of $373,973* ex GST and supported by a 1.79-year^ WALE by income. The staggered lease expiry profile offers secure holding income with future repositioning and value-add potential, underpinned by strong demand for industrial accommodation in the Fyshwick precinct.
Key Investment Highlights Include:
• Fully leased industrial investment with 1.79-year^ WALE by income and diversified tenant profile.
• 1,376m²* total NLA across two freestanding buildings plus substantial leased hardstand.
• Large 4,377m²* corner site with ~40m frontage to Albany Street.
• Gross passing income of $373,973* ex GST with strong outgoings recoveries.
• High-visibility location with excellent access and prominent signage opportunities.
• IZ2: Industrial Mixed-Use zoning allowing a wide range of industrial and commercial uses.
• Strong demand for industrial accommodation in Fyshwick, Canberra's premier trade and service precinct.
• Future value-add potential through redevelopment**, leasing negotiations or asset repositioning.
For more information or to arrange an inspection contact the listing agents.
*approximately
^as at 1 March 2026
**STGA
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Contact Frank Giorgi
Contact Frank Giorgi
Frank Giorgi
1 Albany Street, Fyshwick ACT 2609
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Frank Giorgi
1 Albany Street, Fyshwick ACT 2609