44 Sydney Avenue
Forrest, ACT
NLA 9,977 sqm
March 2015
November 2017
30.4
%
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Quintessential upgraded the base building services, lobby and general aesthetics.
Strategy
The building is located in the prestigious Parliamentary Precinct. Built in 2003 we aim to regenerate the building aesthetically and mechanically targeting a minimum 4.5 Star NABERS Base Building Energy rating to attract and retain quality tenants, providing stabilised, long-term income to investors.
Outcome
Following the successful aesthetic and mechanical upgrades the property was sold in November 2017 with 100% occupancy. Department of Foreign Affairs and Trade as the anchor tenant. 4.5 Star NABERS Base Building Energy rating was achieved.
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