An Opportunity Not To Be Missed

11 London Circuit,City ACT 2601

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OfficeSize: n/a
Block size: 700 m² approx.Office size: 3230 m² approx.UV: $1,860,000 (2018)
- Multi-tenanted 3,230 sqm office building
- Fully Leased Net Income of $984,566pa*
- 93% occupancy and 2.4 year WALE

LJ Hooker Commercial Canberra in conjunction with CBRE are pleased to present the opportunity to acquire 11 London Circuit, Canberra City. Offered to the market for the first time in 12 years, 11 London Circuit, Canberra City is a rare opportunity to acquire a boutique office building with a diversified income stream in a sought-after CBD location.

KEY INVESTMENT HIGHLIGHTS INCLUDE:
- Ideally positioned in the heart of Canberras legal and financial precinct
- 14 tenants including the Commonwealth of Australia and a mix of local and national businesses
- Diversified income stream from a broad spectrum of industries
- Staggered lease expiry profile
- Loyal long-standing tenant base with major tenants in occupation for greater than 10 years
- Value add proposition via renewal and releasing strategy
- Passing Net Income of $862,526pa*
- 2.5 Star NABERS energy rating

The property is offered together with 1 Civic Square, Launceston as a portfolio or can be acquired individually. The two assets present an exciting opportunity to start, expand or diversify your commercial property portfolio.

For Sale via Expressions of Interest closing 4:00pm (AEST), Thursday 3rd October 2019.

For more information please contact the exclusive.
agents.

*Approx.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:Office
Block:5
Section:5
Block Size:700 (approx)
Office Size:3230 (approx)
Unimproved Value:$1,860,000 (2018)
Stamp Duty:$650,000

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What's Nearby

Ainslie Primary School, AinsliePrimary School
1.6km
Campbell High School, CampbellHigh School
2km
Calvary Private HospitalHospital
4.8km
Canberra CentreMajor Shopping Centre
0.7km
Australian National UniversityUniversity
0.7km
Merici CollegeCollege
1.9km
City Post OfficePost Office
0.4km
LJ Hooker Commercial Canberra

City Suburb Information

 
 
Average Age
24 years
Population
2,824
City Profile
City Occupancy

Contact agents

LJ Hooker Commercial Canberra

LJ Hooker Commercial Canberra

View agency details
Greg LyonsLJ Hooker Commercial Canberra
Mark ThompsonLJ Hooker Commercial Canberra
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This listing has been viewed 17 times. It was first displayed on 09/09/19 and last updated on 09/09/19.