8 Chandler Street,
Belconnen, ACT 2617
Offices • Shops & Retail
Price information
Sold
$7,000,000
Key property information
Floor area
Property extent
Tenure type
NABERS
Sold on
Map of 8 Chandler Street
COMPELLING VALUE-ADD OPPORTUNITY IN NATIONAL CAPITAL
- Major tenant - Commonwealth of Australia
- 4,392sqm NLA
- 55 basement car parks
Northpoint Plaza, 8 Chandler Street Belconnen ACT is offered for sale exclusively by CBRE.
The key investment highlights for the property are:
- 4,392sqm NLA commercial asset with multiple value-add strategies
- Multi-tenanted asset providing holding income
- Potential to increase returns and lease expiry profile
- 75% occupied with major tenant being Commonwealth of Australia (Centrelink) who occupy 16% of the NLA
- Fully leased net income $1,010,668 p.a (approx.)
- Refurbishment and reposition opportunity
- Possible long term prime residential redevelopment (subject to DA)
- 1.5-star NABERS Energy Rating
- 55 basement car parks
The key investment highlights for the property are:
- 4,392sqm NLA commercial asset with multiple value-add strategies
- Multi-tenanted asset providing holding income
- Potential to increase returns and lease expiry profile
- 75% occupied with major tenant being Commonwealth of Australia (Centrelink) who occupy 16% of the NLA
- Fully leased net income $1,010,668 p.a (approx.)
- Refurbishment and reposition opportunity
- Possible long term prime residential redevelopment (subject to DA)
- 1.5-star NABERS Energy Rating
- 55 basement car parks
Property ID: 502624206Last Updated: 20 Apr 2020
02 6232 27...
8 Chandler Street
Belconnen, ACT 2617
CBRE - CanberraLevel 4, 2 Constitution Avenue
CITY, ACT 2601
CITY, ACT 2601
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