44 Sydney Avenue

Forrest ACT
NLA 9,977sqm + 218 Car Bays
Purchased March 2015 • Sold November 2017

IRR 30.4%
TR 87.8%

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.

Activities

QE upgraded the base building services, lobby and general aesthetics.

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.

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.

Investing with integrity

Register your interest

Avi Gordon

Bridget Pillow

Harry Rosenberg