Opportunities to secure CBD car parking investments in Canberra are rare and with recent growth in rental rates, this is an ideal time to capitalise on strong market conditions. Offered with a recognised national operator, Wilson Parking, this brand new complex is situated immediately adjacent to the Canberra Centre and boasts 333 residential apartments and 30 commercial premises within the precinct. This is a unique offering that provides immediate income security, growth potential through increasing occupancy, and an exit strategy to deliver a strong total return.
45 Ainslie Place, Braddon is located in the exciting new inner-city precinct of Founders Lane on the door stop of the CBD. This perfectly desired location is a stone's throw away from the Canberra Centre and the heart of the CBD. Just a quick walk north is the bustling precinct of Lonsdale Street which offers an abundance of eatery options with some of the highest regarded bars, cafes and restaurants Canberra has to offer. The proximity to Canberra's large Commonwealth Government office buildings has ensured that Braddon has and will continue to be, a highly sought-after location for commercial tenants.
Wilson Group Limited started in 1962 with a single car park in Perth. After more than 50 years, Wilson’s purpose is still the same. Wilson exists to create enduring value for their people, customers, and the communities in which they operate in. They have achieved this by expanding their business from parking to include security, health, and storage businesses across the Asia Pacific. Wilson Parking have more than 1,500 car-parking properties across Australia, New Zealand, Singapore, and Malaysia. The marketing leading group provide safe, clean, and technology-enabled parking for over a million people every day. Wilson's use of technology has led the industry with mobile apps and have provided customers with a state-of-the-art customer contact centre operating 24/7 including real time video and data streaming capabilities to assist customers.
-80 secure basement car spaces – an entry-level size investment to gain exposure to the Canberra CBD parking market
-Operated by Wilson Parking – recognised as one of the top 2 parking operators in Australia with a robust market-share position in Canberra
-Strong location adjacent to the Canberra Centre – located within close proximity to the major retail hub in Canberra as well as a number of large Commonwealth government office buildings in the CBD
-Growth potential – The current passing rent highlights the chance for income growth through improved occupancy rates as Canberra office workers return to the workplace