Refurbished and Affordable Office Accommodation
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1 Farrell Place, City ACT 2601

POA depending on term and requirements

OfficeSize: n/a
Block size: 700 m² approx.UV: $2,800,000 (2023)
1 Farrell Place is a 9 level commercial office building comprising of a single basement car park (plus storage), ground floor level and seven upper levels of office accommodation. The building was designed with a main ground floor entry to the building off Farrell Place leading to a foyer area with two lifts and two stairwells that provide access to the basement and the upper levels.

The Ground Floor provides commercial grade office accommodation on either side of the foyer with the service core centrally located against the rear wall.

1 Farrell Place was recently purchased by a local investor and have since had some great success in attracting new tenants via their recent building upgrades and proactive approach to the market.

1 Farrell Place has the below vacancy:
• Level 5 - Tenancy Two - 59.29sqm - Near new fit out in place

Inspections

No open inspections scheduled.

Send an enquiry

Contact Andrew Green to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Office
Block Size:
700 *
Unimproved Value:
$2,800,000 (2023)

Other Details

Block:
6
Section:
5
Rates (Residential):
$15,501*
Rates (Commercial):
$147,742*
Rates (Rural):
$2,927*
Land Tax (Residential):
$31,357*
Legal description:
CANB/CITY/5/6
*These are approximate values based on available information.
Ray White Commercial Canberra
  • Andrew Green

    Ray White Commercial Canberra

  • Daniel McGrath

    Ray White Commercial Canberra

Maps and area information

Land Details
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Block information
Block 6 Section 5 City
Block size: 700 (approx)
Unimproved value: $2,800,000 (2023)
Legal description: CANB/CITY/5/6
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Ainslie Primary SchoolPrimary School
1.6km
Campbell High SchoolHigh School
2.1km
Calvary Private HospitalHospital
4.7km
Canberra CentreMajor Shopping Centre
0.7km
Australian National UniversityUniversity
0.7km
Merici CollegeCollege
1.9km
City Post OfficePost Office
0.4km
Aust. Defence AcademyTafe
3.6km

Property history

We couldn't find any history for this property.
See City's suburb profile

City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
27 years
Population
4,835
Unimproved value for City
$2,800,000
Listing ID: 181504691. This listing has been viewed 14 times. It was first displayed on 03/04/2023 and last updated on 28/03/2024.
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.