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100% LEASED TO COMMONWEALTH OF AUSTRALIA | A-GRADE BUILDING | PRIME CANBERRA CBD LOCATION
JLL and Colliers are proud to present a prime office investment in Canberra’s tightly held CBD market.
Australia Place represents an outstanding opportunity to acquire an A-grade office asset underpinned by Government income in the heart of the Canberra CBD.
- A-grade building of 9,384 is 100% leased to AAA-rated Commonwealth of Australia – Department of Education, Skills & Employment.
- Prime location in Canberra CBD, within close proximity to other major Government occupiers, transport, lifestyle and retail amenity.
- 3.31 year wale by income with lease featuring 2 x 5 year options.
- Net Passing income of $4,141,034 p.a. with fixed annual reviews of 3.75% providing strong contractual income growth.
- Canberra’s leasing markets are tightening despite Covid-19 with PCA Office market data confirming A-grade vacancy compressed from 6.4% to 4.9% between January and July 2021.
- Dedicated basement parking for 62 cars.
- 5-star NABERS Energy Rating
To book your personal inspection or virtual inspection, please contact us.