• For Sale
  • Office
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Commanding CBD Fringe Investment with Repositioning Prospects
Located in the heart of the bustling Dickson group centre (3km from the Canberra CBD) and amidst several significant infrastructure projects, Dame Pattie Menzies House provides and exceptional opportunity to acquire a commanding commercial asset that features strong investment characteristics and a flexible purpose clause allowing for future repositioning or redevelopment*.

Key property highlights include:

• Highly visible corner site of 3,517m² with significant frontage.
• 6,909m² NLA across two interconnected office buildings (GFA 8,090m²).
• 100% occupancy with lease to ‘AAA’ rated ACT Government expiring 8 October 2020 plus 2 x 1 year options.
• Ideally positioned with close proximity to the new ACT Light rail, bus interchange, several mixed-use developments and surrounding retail amenities. Dickson is undergoing significant gentrification with a new ACT Government headquarters and several mooted residential and retail projects.
• Two separate blocks which offers the flexibility of developing in different stages or with different uses^.
• CZ2 Zoning and with residential and commercial accommodation use approved on Crown Lease.
• Opportunity to explore alternative uses or reposition the existing office building on lease expiry*.
• 14 basement car spaces.
• 5.5-star NABERS Energy rating.

Perfectly placed to benefit from the transformation of Dickson and its rapidly revolving landscape, Dame Pattie Menzies House appeals to a wide variety of value-add investors and prospective developers.

For sale via Private Treaty.

*approximately
^subject to approval

Property Details