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Properties For Sale or For Lease found in ACT

LONG-TERM INVESTMENT WITH GLOBAL TENANT PROFILE

Offices

165 Canberra Avenue, Fyshwick presents purchasers with an exemplary investment opportunity and is offered for sale via public Auction on Thursday 26th October 2017.
Situated on a land-rich and high-profile 5,256m2 corner site along a major transport corridor in Canberra’s Inner South, 165 Canberra Avenue presents purchasers with an outstanding long-term proposition. The 3,277m² building is 100% leased to global organisation Seeing Machines on a new 10-year arrangement plus option.
In addition to the excellent investment fundamentals, 165 Canberra Avenue lies within an area known as the East Lake Precinct, currently under investigation by the ACT Government for future re-zoning to encourage urban infill via residential development.
Investment highlights of the asset include:
- 100% leased to global organisation Seeing Machines (presently listed on the Alternative Investment Market (AIM) of the London Stock Exchange).
- Lease expiring May 2027 plus 1 x 5-year option
- Land rich and high profile corner site of 5,256m² positioned along a major transport corridor in Canberra’s inner south suburb of Fyshwick.
- 3,277m² stand-alone
building with ongoing capital expenditure and recent cosmetic upgrades - Strong annual rent reviews fixed at 3.50% per annum - Land bank opportunity positioned within an area known at the East Lake precinct which is being reviewed by the ACT Government for future re-zoning to allow residential development* - Close proximity to facilities such as Fyshwick Fresh Food Markets, Canberra Outlet Centre, Kingston Foreshore and Manuka Shopping precinct Features: • Long-term WALE and fixed rental growth • Prominent corner site • Future redevelopment prospects* • High quality stand-alone asset

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Price Contact Agent
Building 3277m²
Land 5300m²
Occupancy Vacant
Property ID 270498

EXEMPLARY VALUE-ADD OPPORTUNITY IN PARLIAMENTARY PRECINCT

Offices

AMA House, Barton represents an outstanding opportunity to acquire a 100% interest in an asset located in Canberra’s most tightly held office market featuring a diversified income with strong value-add potential.
AMA House is a prominent standalone asset offering 4,053.6sqm of NLA on a large 3,624sqm site with 110 dedicated car spaces. As at 1 November the property is 63% occupied with a WALE of 2.60 years* (by income) to seven tenants including the Australian Medical Association, AI Group and the Australian Institute of Petroleum.
The building was constructed in 1990 and has a current 3-star NABERS Energy rating. AMA House has seen significant investment throughout 2015/2016 in large-scale capital expenditure projects, with the majority of services upgraded and limited capital expenditure required in the near term.
AMA House is situated within Canberra’s most tightly held office market, enjoyed by tenants seeking proximity to Parliament House and key Government decision makers. The surrounding location has seen substantial new development in the past 10 years and offers high levels of amenities within Canberra’s affluent inner south.
The
property provides purchasers with extensive opportunities to fill existing vacancies and enhance the WALE and income. This offering coincides with favourable forecast leasing conditions for the Canberra office market, with the Barton market currently showing a 0.01% vacancy rate in A Grade space. The above conditions suggest excellent grounds for the strong financial performance over the short to medium term. AMA House, 42 Macquarie Street Barton is offered for sale by International Expressions of Interest closing Thursday 19 October at 4pm AEDT. *As at 1 September 2017

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Price Contact Agent
Building 4054m²
Land 3624m²
Occupancy Vacant
Property ID 269021

100% LEASED INVESTMENT IN CANBERRA’S MOST TIGHTLY HELD OFFICE PRECINCT.

Offices

Adjacent to Parliament House, 44 Sydney Avenue is one of few assets of its type in Canberra, boasting a prime location, long term income security, strong green credentials and generous car parking.
44 Sydney Avenue offers 9,948m² of A-Grade office accommodation across 4 levels, with 218 secure car spaces. Constructed in 2003, the building was extensively refurbished in 2016 and presents investors with long term cash flow, steady growth and low forecasted capital expenditure.
The 100% leased asset has a strong WALE of 7.92 years* by income and is 78% let to the Commonwealth of Australia (Department of Foreign Affairs and Trade), with the Minerals Council of Australia, Master Builders Association and BellchambersBarrett accountants rounding out the tenancy mix.
The property is superbly located amongst a variety of Commonwealth Government headquarters and is within close proximity to public transport and retail amenity.
The building has been recently refurbished so that it meets the Green credentials of its tenants now and into the future. Services have been upgraded and the building is currently performing to a 4.5 Star NABERS Energy and 4 Star
NABERS Water rating. FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 4PM (AEST) TUESDAY 26 September 2017. *approx

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Price Contact Agent
Building 9948m²
Land 6400m²
Occupancy Vacant
Property ID 267826

REFURBISHED BRADDON OFFICE WITH HIGH EXPOSURE

Offices | Retail

Braddon is a growing CBD Fringe suburb located slightly north of the city. The area is popular with small to medium businesses and a variety of office users. It is also renowned for its great cafe lifestyle, light industrial users, and serviced trades.
A prominent building on Lonsdale Street with high exposure and a quality appearance, it comprises of first floor office space with some dedicated parking at the rear.
There are male and female toilets on level 1 and the common areas have been upgraded.
Available now is 165sqm of refurbished office space on the first floor. This space has good natural light flowing into the tenancy and faces towards Torrens Street.

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Rent Contact Agent
Building 149m² - 176m²
Property ID 267709


LANDMARK BUILDING

Offices

28 National Circuit is a premium Forrest address which is directly adjacent to the Parliamentary Triangle. With public transport and cycle ways at hand this prestige building is within easy access to Canberra's Parliamentary Triangle and Manuka and Kingston's restaurants and cafes.
The building has large, functional and efficient floor plates offering tenants a superior working environment and views towards Parliament House.
• Last floor with a total area of 2,000m2 with fit out
• Can be split in smaller areas if required
• Major refurbishment including plant, carpet, ceiling tiles and lighting
• Easy access to the inner-south and CBD.
• 62 car spaces available
• Available now

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Rent $400 p.a.
Building 2000m²
Land 2000m²
Property ID 267708

REFURBISHED NATIONAL PRESS CLUB OFFICE UNITS FOR LEASE

Offices

The National Press Club is a high profile building located in Barton, next to the Hotel Realm precinct which includes three hotels, cafes, restaurants and conferencing facilities. The building is prominently located on a corner position and faces directly towards National Circuit. There is both dedicated and visitor parking on site and public parking available across the road at the new Little National hotel development.
With only two units available presently, Unit 18 is 156m² and has 2 under croft car parks and comes ready for occupation with fit out included and is available now.
Unit 18 is located on the top floor of the development and has a significant amount of windows which provides excellent natural light into the tenancy. The space comes with a fully operational fit out in place including a large boardroom, 2 executive offices, an open plan work area and a functional kitchenette.
Part Unit 4 located on the ground floor is 116m² and is provided in a warm shell open plan format ready for new fitout and is available now.
The National Press Club presents businesses with a prestigious and well known address point and is ideally located for
convenience in the heart of the Parliamentary Triangle. With extremely competitive rents and smaller tenancy sizes this unit presents an ideal opportunity for small to medium sized businesses to re-locate to the Barton precinct in an affordable manner.

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Rent Please contact agent
Building 116m² - 272m²
Property ID 267707

GROUND FLOOR RETAIL UNIT FOR LEASE IN CANBERRA CBD

Offices | Retail

Conveniently located in the heart of Canberra's CBD adjacent to Australia Post shopfront and amongst buzzing Melbourne Building's busy eateries. Being adjacent to Australia Post shopfront the tenancy receives a large levels of pedestrian traffic and is situated in an absolute prime retail position close to a number of large office buildings and City Bus Interchange.
This 252m² ground floor tenancy suits various types of businesses; including restaurant/bar, professional services firms like finance/mortgage broking, accountants, solicitors and consultants.

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Rent Please contact agent
Building 252m²
Property ID 267706

GROUND FLOOR OFFICE SPACE LEFT WITH FITOUT IN PLACE

Offices

The ground floor of 28 National Circuit is the last office floor left for lease in the building. It has a total area of 1,828m² but it can be split into a number of smaller areas if required, such as 423m², 771m² and 634m².
The ground floor has a large, functional and efficient floor plate offering a superior working environment and views towards Parliament House. It has recently undergone major refurbishment including plan, carpet, ceiling tiles and lighting.
The building is located at a busy intersection within the Parliamentary Triangle. It sits amongst a number of high profile government agencies and national corporations and is in close proximity to the Realm precinct, Manuka and Kingston restaurants and cafes.

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Rent Please contact agent
Building 423m² - 1828m²
Property ID 267705

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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