Prominent Canberra CBD Investment

10 Moore Street, CANBERRA CITY, Australian Capital Territory 2600

Office For Sale

Expressions of Interest. EOI Date 16 Apr 2019
Land Area: 1,554.00 m2.    Floor Area: 6,709.00 m2.    

Building Class: B
Car Spaces: 44   Energy Efficiency: 5   

Description

Colliers International and JLL are pleased to present 10 Moore Street, Canberra for sale by Expressions of Interest closing 4pm (AEST), Thursday 11th April 2019.

10 Moore Street is a six-level commercial office building that has recently been refurbished into a modern, efficient and welcoming work environment. In addition to the lobbies, lifts, bathrooms and exterior painting that have been undertaken, the building has also undergone a full regeneration of its base building plant and equipment to increase its NABERS Base building Energy rating to 5.0-stars.

The property deserves the attention of Investors seeking the following attributes:-
• Regenerated CBD private sector office that is 100% leased with WALE by income of 4.52 years*.
• Net passing income $2,393,177 ex.GST (fully leased) underpinned by 14 tenancies providing a diversified tenancy and income expiry profile.
• Ideally located on Moore Street adjacent to Canberra GPO, Transport and significant amenity.
• Extensively refurbished and minimal capex required moving forward
• One of few Canberra CBD buildings with a 5.0-star NABERS Base building Energy rating

*approximately as at 1 April 2019

With its prime location and excellent physical fundamentals 10 Moore Street is a highly desirable investment opportunity.

Please call today to arrange an inspection.

Features

  • NLA: 6,709m²
  • WALE: 4.52 years by income
  • Dedicated parking for 44 cars

Specifications

NABERS Rating 5.0 - Star NABERS Energy rating
Car Parking Details 39 basement, 5 on-grade

Transaction Details

05 Jun 2019
10 Moore Street, CANBERRA CITY ACT 2600, AUSTRALIA

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