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8 Chandler Street Belconnen, ACT 2617

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8 Chandler Street,
Belconnen, ACT 2617

Offices • Shop & Retail

Price information

Sold

$7,000,000

Key property information

Floor area

Property extent

Tenure type

NABERS

Sold on

Map of 8 Chandler Street

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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

Property ID: 502624206Last Updated: 20 Apr 2020

02 6 *** ***
realcommercial.com.au logo
8 Chandler Street
Belconnen, ACT 2617

Agency contacts

CBRE - Canberra
CBRE - Canberra
Level 4, 2 Constitution Avenue
CITY, ACT 2601
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CBRE Canberra
CBRE - Canberra
8 Chandler Street Belconnen, ACT 2617

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

Kind Regards,

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