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Properties For Sale found in BARTON, ACT 2600

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

ENGINEERING HOUSE - PREMIUM OFFICE UNITS

Offices

Barton is located 5 kms from the Canberra CBD and is within close proximity to Parliament House.
The high class Engineers House is currently undergoing a refurbishment to improve the overall aesthetics of the building.
The upper floors are lucky to enjoy an amazing view with some featuring an outstanding outlook of the Parliament house.
stay connected

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Price: $1,296,250    Rent: $120,475 p.a.    Building: 305m²    Occupancy: Vacant

Properties located in the surrounding suburbs

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

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


READY TO OCCUPY AT THE KINGSTON FORESHORE

Retail

Unit 160 is a prominent ground floor commercial unit of 51sqm available for sale. Located at the popular Kingston Foreshore precinct and within the newly completed ‘Pier’ development, the property would suit both retail and office users looking for close proximity to a high level of surrounding amenity and residential accommodation.
The property has wide glass frontage to Trevillian Quay, one dedicated basement car space and access to common area toilets.

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Price Contact Agent
Building 51m²
Occupancy Vacant
Property ID 267674

PRICED TO SELL AND READY FOR OCCUPATION

Industrial

Units 1 and 2 at the Fusion Business Park in Fyshwick offers two prominent commercial units for sale. The Business Park is located in Canberra’s inner south and comprises a mix of ground and first floor office space with dedicated basement car parking.
The office units are within close proximity to major amenity such as the Canberra Outlet Centre, Kingston Foreshore, Fyshwick Markets and numerous food and beverage offerings. The units have good access to Canberra Avenue, a major arterial road which provides public transport facilities and easy access for visiting clientele.
These vacant commercial units for sale front Yallourn Street and are ready for immediate occupation. Unit 1 is located on the ground floor and Unit 2 is a first floor corner office with carpet, ceiling and lighting installed. Both premises feature kitchenette facilities, excellent natural light and 4 dedicated basement car spaces. There is also a high volume of on-street parking for visitors to the complex. Units 1 and 2 present a highly affordable option for businesses seeking a modern office unit in an accessible inner south location.
The units available are as follows:
Unit 1 - 149m² – 4 carparks Unit 2 - 170m² – 4 carparks

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Price Contact Agent
Building 149m² - 319m²
Occupancy Vacant
Property ID 267670

ICONIC RETAIL BUILDING IN CORE CBD LOCATION

Offices | Retail

This high-profile and iconic retail building in Canberra is for sale by Expressions of Interest and presents an outstanding investment in an unprecedented core CBD location.
70 Bunda Street presents buyers with a standalone retail asset featuring a multi-tenant profile, significant dual street frontage and a superb value-add investment opportunity.
The building presents buyers with future re-development prospects given the premium location, CZ1 Zoning and rectangular shaped 1,052m² site area. Alternatively, prospective purchasers can add-value to the asset through the renewal of impending lease expiries, filling existing vacancies and through active building management.
The Canberra CBD is home to several major Commonwealth Departments and a significant volume of commercial and retail operators which surround 70 Bunda Street. The 49,000m² Australian Tax Office (ATO) headquarters and Canberra’s largest retail centre, the 123,000m² Canberra Centre, are directly opposite 70 Bunda Street making it an outstanding investment or re-development opportunity with an unrivalled CBD position.
Expressions of Interest close Thursday 24 August 2017 at 4:00pm
(AEST). Interested parties are encouraged to contact Colliers International for more information. *Subject to planning approval

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Price Contact Agent
Building 2053m²
Land 1052m²
Occupancy Vacant
Property ID 267669

PROMINENT INVESTMENT ON FYSHWICK'S MAIN ARTERIAL THOROUGHFAR...

Investment | Retail

CBRE is proud to present the sale of 47 Newcastle Street an exciting new opportunity for investment.
Key Investment highlights include:
- Highly exposed retail site of 3, l 02sqm*
- 2,640sqm* freestanding building over two levels leased to strong performing national tenants
- Tightly held location in premier retail precinct diagonally opposite Canberra Outlet Centre
- Prominent main road frontage with 66* carparks
- Highly secure long term leases with attractive fixed annual increases
- Fully leased net income of $451,022*
47 Newcastle Street comprises a very versatile freestanding building measuring a total of 2,640sqm* over two levels on a 3,102sqm* site. The site boasts approximately 66 on-site car parks and benefits from two roller doors servicing both the ground and upper floors. The building is fully tenanted housed by BCF and Anytime Fitness (net income of $451,002*) with secure leases and options to extend.
The building is located on Newcastle Street which is the main arterial thoroughfare of Fyshwick connecting the two access points into the precinct; Monaro Highway and Canberra Avenue.
The building has undergone a number of improvements over the past 2½ years including electrical upgrades (including all new lighting in the gym), asbestos removal, repainting of the entire building, new tenant’s signage, re-marking of the parking lines and replacement of fire doors.
The property is being offered by way of a Public Expressions of Interest campaign closing at, Thursday 5th October 2017.
To obtain further information, or to arrange an inspection, please contact CBRE the exclusive sales and marketing agents.
Approx*

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Price: FOR SALE BY EXPRESSION OF INTEREST    Building: 2640m²

SUBURB PRICE GUIDE

Suburb Summary - Barton, ACT 2600

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

Price (m²) Rent (m²) Yield
Offices $461
Industrial $4250 $407 9.57%
* 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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