Share this property

realcommercial.com.au

38 Thynne Street Bruce, ACT 2617

Directions

38 Thynne Street,
Bruce, ACT 2617

Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Sold on

Map of 38 Thynne Street

Directions

Long-term investment with Commonwealth Government tenant

  • Commonwealth tenant profile
  • 9.25 year WALE + option
  • Future re-development opportunity*
ACIAR House is for sale via Expressions of Interest and comprises a stand-alone, two storey office building located in the Australian Capital Territory’s (ACT) Inner North suburb of Bruce. The property has recently been significantly refurbished and features a Gross Floor Area (GFA) of approximately 1,500m² on a large corner site of 5,574m².

Located 7km from the Canberra CBD and 3km from the Belconnen Town Centre, ACIAR House is within close proximity to major facilities such as the University of Canberra, Australian National University, Australian Institute of Sport and Calvary Hospital. The nearby Belconnen office market is comprised of over 162,000m² of total space and is supported by numerous Commonwealth Government Departments, private sector and a regional Westfield Shopping Centre.

The property is fully leased to ACIAR, a statutory authority of the Australian Commonwealth Government, with a lease expiry of 31 July 2025 and a further five year option. Net passing income is $509,232 p.a. + GST with the tenant responsible for all building outgoings. In addition to the superb passive investment attributes, ACIAR House occupies a significant corner position along Thynne Street, one of the major thoroughfares through Bruce. The property features CZ5: Mixed Use Zoning which may allow purchasers to consider future residential redevelopment (*subject to approvals).

Property ID: 501906750Last Updated: 12 Apr 2017

04323446...
realcommercial.com.au logo
38 Thynne Street
Bruce, ACT 2617
Colliers - Canberra
Level 8, 68 Northbourne Ave
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.