Landmark investment in the ACT: Aviation House offered for sale in Woden’s CBD

There’s no doubt the Woden Town Centre is taking off – you only have to look at the amount of development taking place, including apartments, the new bus interchange, the recently completed CIT Woden and the significant upcoming Hellenic Club developments.

Another opportunity has arisen with the sale of nearby Aviation House in Furzer Street.

Matthew Winter of Colliers Canberra says the A-grade office building represents an outstanding investment opportunity, right in the booming town centre.

“The building has been substantially upgraded, including a complete facade replacement, upgraded end-of-trip facilities, and revitalisation of the entry and foyer,” he says.

Aviation House sits on a site of just under 4500 square metres with a net lettable area of 14,820 square metres.

Just under half of the leasable area is occupied by the federal government, and the balance offers a new owner the potential to increase the property income.

The recent purchase of the nearby Yaradhang building (reportedly for more than $300 million) represented one of the highest commercial sale prices on record in Canberra.

“That underscores the strength of the Woden property market and demand for investment opportunities in this centre,” Winter says.

“Woden has always been a major hub, but it will really come into its own over the next few years.”

Contact Colliers

Aviation House 16 Furzer Street, Phillip ACT 2606

-

-

-

View property