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    10 Moore Street

    • Canberra ACT

    • NLA 6,711sqm + 44 Car Bays

    • Purchased June 2014 • Sold June 2019

    • IRR 16.7%
    • TR 95.9%
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    Strategy

    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.

    Activities

    Significant repositioning work :

    Aesthetic upgrade including new ground and on-floor lobbies and end-of-trip facilities.

    Mechanical regeneration.

    Lift replacements.

    Painting of facade.

    Outcome

    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.

    Looking for bespoke space for your business?

    With partnership at the core of our approach, we work closely with clients to create bespoke solutions that are mutually beneficial.

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