Share this property

realcommercial.com.au

29-33 Northbourne Avenue City, ACT 2601

Directions

29-33 Northbourne Avenue,
City, ACT 2601

Shops & Retail • Offices

Price information

Sold

$2,850,000

Key property information

Land area

Floor area

Sold on

Map of 29-33 Northbourne Avenue

Directions

Iconic corner property leased to CBA

  • Secure income from CBA
  • Opportunity to reposition and add value
  • Acquire a piece of Canberra's history
29-33 Northbourne Avenue offers both a long term leaseback to one of Australia's most respected and secure financial institutions together with potential to reposition the property. This is the perfect blend of security and upside.

The immediate area is undergoing regeneration and the Melbourne Building sits at the centre of this transformation. The Capital Metro Light Rail will put commuters at the front door of 29-33 Northbourne Avenue and drive foot traffic to this location.

The property will appeal to both long-term investors and value-add buyers through:

• Secure income stream from a ASX top 100 listed company
• Repositioning play on the first floor
• Iconic location at one of Canberra's busiest intersections
• Surrounding infrastructure upgrades and projects

For sale by public auction at 2:00pm on Thursday 13th of October 2016

Property ID: 502107778Last Updated: 15 Dec 2016

realcommercial.com.au logo
29-33 Northbourne Avenue
City, ACT 2601
JLL - Canberra
Level 7, 121 Marcus Clarke Street
CITY, ACT 2601
Knight Frank - Canberra
Suite 9.02, 5 Constitution Avenue
CITY, ACT 2601
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.