High-profile, generational investment in Canberra's CBD
5-15 Garema Place, City ACT 2601
Contact Colliers
OfficeSize: n/a
Block size: 475 m² approx.
Colliers are delighted to exclusively present 5-15 Garema Place, Canberra City for sale. The properties are being offered for sale via an Expressions of Interest campaign closing on Tuesday, 30 April 2024 at 4pm (AEST).
Located in the heart of the Canberra CBD, surrounded by an array of retail and food and beverage amenity, Government Departments, and infrastructure projects, 5-15 Garema Place provides an unrivalled core location. The buildings sit directly opposite the new luxury Garema Place hotel (under construction) and with a strategic long-term position within walking distance to major transport corridors, and public transport facilities including the City bus interchange, and the light rail terminus.
Consisting of two adjoining buildings of ~808m² NLA across 4 separately titled blocks, the assets represent a generational style investment opportunity in one of Canberra's most tightly held areas. Key investment highlights include 100% occupancy, multi-tenant profile with 2.13-year WALE and a strong history of occupation. With over 30m+ of frontage to Garema Place, CZ1: Core Zoning and existing low-rise improvements, the assets present a highly attractive long-term proposition^.
5-15 Garema Place, City provides a prominent and strategic long-term investment that will appeal to a variety of purchaser types.
For further information contact the exclusive agents Colliers, today.
^Subject to approvals.
*Estimated as at 1 April 2024. All areas and outlines are indicative only.
Located in the heart of the Canberra CBD, surrounded by an array of retail and food and beverage amenity, Government Departments, and infrastructure projects, 5-15 Garema Place provides an unrivalled core location. The buildings sit directly opposite the new luxury Garema Place hotel (under construction) and with a strategic long-term position within walking distance to major transport corridors, and public transport facilities including the City bus interchange, and the light rail terminus.
Consisting of two adjoining buildings of ~808m² NLA across 4 separately titled blocks, the assets represent a generational style investment opportunity in one of Canberra's most tightly held areas. Key investment highlights include 100% occupancy, multi-tenant profile with 2.13-year WALE and a strong history of occupation. With over 30m+ of frontage to Garema Place, CZ1: Core Zoning and existing low-rise improvements, the assets present a highly attractive long-term proposition^.
5-15 Garema Place, City provides a prominent and strategic long-term investment that will appeal to a variety of purchaser types.
For further information contact the exclusive agents Colliers, today.
^Subject to approvals.
*Estimated as at 1 April 2024. All areas and outlines are indicative only.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Matthew Winter to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
475 m²*
Other Details
Property history
We couldn't find any history for this property.
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City suburb information
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SummaryMedian sales
Average Age
27 years
Population
4,835
Listing ID: 182395986. This listing has been viewed 889 times. It was first displayed on 22/03/2024 and last updated on 26/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.