10 Hobart Place,
City, ACT 2601
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JLL - Canberra
Level 7, 121 Marcus Clarke StreetCITY, ACT 2601
10 Hobart Place
City, ACT 2601
Map of 10 Hobart Place
Compelling Canberra Investment in Prime Canberra CBD Location
- Prominent office building of 4,483m² NLA
- Prime 668m² site in City West, Canberra
- 3.1 year WALE (by area)
JLL and Colliers are proud to present a 100% interest in 10 Hobart Place, Canberra, for sale via expression of interest closing 3pm AEST Thursday 27 May 2021.
The property deserves attention from investors seeking the following:
• Refurbished building of 4,483sqm with long term history of occupation by a broad variety of SME tenants.
• Typical floor plates of 540sqm that are attractive to a variety of Canberra’s SME tenants.
• High profile site of 668sqm in core Canberra CBD location.
• Net Passing Income* (assuming fully let) $1,351,929 ex GST.
• Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
• Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.
• Close vicinity to retail and leisure amenity as well as proximity to major Civic based Government Headquarters.
• Opportunity to capture demand from Canberra’s growing SME market for small vacancy in building.
• Immediate connectivity to Canberra’s road, bicycle, light rail and bus networks.
*As at 1 July 2021
10 Hobart Place presents as a compelling value-add investment opportunity following its recent refurbishment, location and strong long-term tenant commitment. Please contact the exclusive agents for further information.
• High profile site of 668sqm in core Canberra CBD location.
• Net Passing Income* (assuming fully let) $1,351,929 ex GST.
• Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
• Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.
The property deserves attention from investors seeking the following:
• Refurbished building of 4,483sqm with long term history of occupation by a broad variety of SME tenants.
• Typical floor plates of 540sqm that are attractive to a variety of Canberra’s SME tenants.
• High profile site of 668sqm in core Canberra CBD location.
• Net Passing Income* (assuming fully let) $1,351,929 ex GST.
• Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
• Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.
• Close vicinity to retail and leisure amenity as well as proximity to major Civic based Government Headquarters.
• Opportunity to capture demand from Canberra’s growing SME market for small vacancy in building.
• Immediate connectivity to Canberra’s road, bicycle, light rail and bus networks.
*As at 1 July 2021
10 Hobart Place presents as a compelling value-add investment opportunity following its recent refurbishment, location and strong long-term tenant commitment. Please contact the exclusive agents for further information.
• High profile site of 668sqm in core Canberra CBD location.
• Net Passing Income* (assuming fully let) $1,351,929 ex GST.
• Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
• Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.
Property ID: 503451278Last Updated: 28 Jul 2021
JLL - CanberraLevel 7, 121 Marcus Clarke Street
CITY, ACT 2601
CITY, ACT 2601
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