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Location
The property is centrally located in the western precinct of Canberra's CBD and can be easily accessed by road, light rail and bus services. In addition, local parks, cafes and restaurants are in close proximity.
Description
Built in 2007, the property comprises six levels of A-Grade office accommodation and two levels of basement carparking. The building is leased to Department of Foreign Affairs and Trade who have been in occupation since construction.
Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
4.5
NABERS Energy rating
5.0
NABERS Water rating
Asset summary
as at 31 December 2023
Title
Leasehold
Site area
3,064 sqm
Lettable area
9,167 sqm
Occupancy
100 %
WALE (by income)
3.7 years
Major tenant
Australian Commonwealth Government
Valuation summary
Book value
$ 68.0 m
Cap rate
6.14 %
Discount rate
6.50 %
Location
The property is centrally located in the western precinct of Canberra's CBD and can be easily accessed by road, light rail and bus services. In addition, local parks, cafes and restaurants are in close proximity.
Description
Built in 2007, the property comprises six levels of A-Grade office accommodation and two levels of basement carparking. The building is leased to Department of Foreign Affairs and Trade who have been in occupation since construction.