Canberra ACT
NLA 6,711sqm + 44 Car Bays
Purchased June 2014 • Sold June 2019
Located on a prominent corner in Canberra’s CBD.
The building has a strong history of attracting and retaining quality corporate and government tenants.
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.
Significant repositioning work :
Aesthetic upgrade including new ground and on-floor lobbies and end-of-trip facilities.
Mechanical regeneration.
Lift replacements.
Painting of facade.
Following the successful aesthetic and mechanical upgrades the property was sold in June 2019 with 100% occupancy with Optus as the anchor tenant.
5 Star NABERS Base Building Energy rating was achieved.
