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Colliers International - Canberra

Dame Pattie Menzies House 16 Challis Street Dickson, ACT 2602

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Dame Pattie Menzies House 16 Challis Street,
Dickson, ACT 2602

Offices

Price information

Sale - Expression of Interest

Please contact agent

Key property information

Floor area

Car spaces

Property extent

Zoning

Tenure type

NABERS

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,727,969
Number of Tenants
1 Tenant
Tenants / Type
ACT Government
Colliers International - Canberra
Dame Pattie Menzies House 16 Challis Street
Dickson, ACT 2602
Colliers International - Canberra
Josh Reid
Matthew Winter

Colliers International - Canberra

Level 8, 68 Northbourne Ave
CITY, ACT 2601

Map of Dame Pattie Menzies House 16 Challis Street

Directions

Commanding CBD Fringe Investment with Repositioning Prospects

  • High profile corner site of 3,517m²
  • Residential and hotel use permitted^
  • Short-term lease to ACT Government
Located in the heart of the bustling Dickson group centre (3km from the Canberra CBD) and amidst several significant infrastructure projects, Dame Pattie Menzies House provides and exceptional opportunity to acquire a commanding commercial asset that features strong investment characteristics and a flexible purpose clause allowing for future repositioning or redevelopment*.

Key property highlights include:

• Highly visible corner site of 3,517m² with significant frontage.
• 6,909m² NLA across two interconnected office buildings (GFA 8,090m²).
• 100% occupancy with lease to ‘AAA’ rated ACT Government expiring 8 October 2020 plus 2 x 1 year options.
• Ideally positioned with close proximity to the new ACT Light rail, bus interchange, several mixed-use developments and surrounding retail amenities. Dickson is undergoing significant gentrification with a new ACT Government headquarters and several mooted residential and retail projects.
• Two separate blocks which offers the flexibility of developing in different stages or with different uses^.
• CZ2 Zoning and with residential and commercial accommodation use approved on Crown Lease.
• Opportunity to explore alternative uses or reposition the existing office building on lease expiry*.
• 14 basement car spaces.
• 5.5-star NABERS Energy rating.

Perfectly placed to benefit from the transformation of Dickson and its rapidly revolving landscape, Dame Pattie Menzies House appeals to a wide variety of value-add investors and prospective developers.

For sale by Expressions of Interest closing Tuesday 24 March 2020 at 3pm (AEDT).

*approximately
^subject to approval

Property ID: 503478234Last Updated: 27 Mar 2020

Agency contacts

Colliers International - Canberra
Colliers International - Canberra
Level 8, 68 Northbourne Ave
CITY, ACT 2601
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Josh Reid

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Josh Reid
Colliers International - Canberra
Dame Pattie Menzies House 16 Challis Street Dickson, ACT 2602

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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