$20m sale in Fyshwick

An entire street of industrial assets in Fyshwick has been sold by a Canberra family for $20 million to Sydney buyers, taking advantage of strong interstate demand.

The site sits on 11-51 Whyalla Street and houses 22 tenants across 16 industrial units and buildings.

Burgess Rawson Canberra agents Steve Burke and Guy Randell facilitated the sale and said this scale of industrial assets rarely come to market in Canberra.

“It’s certainly not the type of sale you see every day, but it just shows the huge demand for this type of investment,” Mr Burke said.