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