• Sold
Prominent Canberra CBD Investment
Prominent Canberra CBD Investment
Prominent Canberra CBD Investment
Prominent Canberra CBD Investment
Prominent Canberra CBD Investment

For Sale

Expressions of Interest 16th Apr 2019 Colliers International
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.

Property Details

  • 12/09/2019
  • Contact our experts for details on this transaction