Aviation House, 16 Furzer Street,
Phillip, ACT 2606
Offices
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Map of Aviation House, 16 Furzer Street
Fully Leased A-Grade Office Asset
- 100% occupancy
- AAA rated tenant profile
- Perfectly suited to government tenants
JLL and Colliers International are pleased to offer this outstanding investment opportunity for sale via an International Expressions of Interest campaign closing at 3:00pm (AEST) Thursday 21st April 2016.
Aviation House presents the ultimate investment opportunity to purchase a fully leased office asset, with over 98% of the income generated by three AAA rated (S&P, Moody’s and Fitch) Government tenants. Located in the heart of the Woden Commercial District in Phillip, Aviation House is a striking A-grade asset comprising 14,812sqm of high quality office accommodation over nine levels, boasting a WALE of 5 years.*
The property has a secure tenant register comprising the Civil Aviation Safety Authority, Australian Public Service Commission and Department of Social Services. Importantly, 56% of the Net Lettable Area is underpinned by the Civil Aviation Safety Authority until 2022, providing significant income security from a stable government tenant.
• Fully leased, 14,812sqm modern office building less than 10 years old
• 98% occupied by AAA rated Commonwealth of Australia tenants
• 2,000sqm (approx.) floor plates, ideal for government tenants
• Estimated Passing Net Income of $6,133,651 pa* (excl GST)
• 4.5-Star NABERS Energy and Water Rating
* Approximate as at 1 April 2016
Aviation House presents the ultimate investment opportunity to purchase a fully leased office asset, with over 98% of the income generated by three AAA rated (S&P, Moody’s and Fitch) Government tenants. Located in the heart of the Woden Commercial District in Phillip, Aviation House is a striking A-grade asset comprising 14,812sqm of high quality office accommodation over nine levels, boasting a WALE of 5 years.*
The property has a secure tenant register comprising the Civil Aviation Safety Authority, Australian Public Service Commission and Department of Social Services. Importantly, 56% of the Net Lettable Area is underpinned by the Civil Aviation Safety Authority until 2022, providing significant income security from a stable government tenant.
• Fully leased, 14,812sqm modern office building less than 10 years old
• 98% occupied by AAA rated Commonwealth of Australia tenants
• 2,000sqm (approx.) floor plates, ideal for government tenants
• Estimated Passing Net Income of $6,133,651 pa* (excl GST)
• 4.5-Star NABERS Energy and Water Rating
* Approximate as at 1 April 2016
Phillip, 2606 demographic data
The median household income for Phillip is $2,075, 13% lower than Australian Capital Territory's household income of $2,373. Phillip has a younger age profile compared to the rest of Australian Capital Territory (median age 32 vs 35). Property ownership data shows 70% of property owners in Phillip have a mortgage.
5,197
Population
$2,075 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
Aviation House, 16 Furzer Street
Phillip, ACT 2606
JLL - CanberraLevel 1, 6 Brindabella Circuit
CITY, ACT 2601
CITY, ACT 2601
Contact Agency
JLL - SydneyLevel 27, 180 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Colliers - CanberraLevel 8, 68 Northbourne Ave
CITY, ACT 2601
CITY, ACT 2601
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