Optus Centre, 10 Moore Street
City, ACT 2601
CZ1 - Core Zone
22 May 2019
Prominent Canberra CBD Investment
10 Moore Street is a six-level commercial office building that has recently been refurbished into a modern, efficient and welcoming work environment. In addition to the lobbies, lifts, bathrooms and exterior painting that have been undertaken, the building has also undergone a full regeneration of its base building plant and equipment to increase its NABERS Base building Energy rating to 5.0-stars.
The property deserves the attention of Investors seeking the following attributes:
• Regenerated CBD private sector office that is 100% leased with WALE by income of 4.52 years*.
• Net passing income $2,393,177 ex.GST (fully leased) underpinned by 14 tenancies providing a diversified tenancy and income expiry profile.
• Ideally located on Moore Street adjacent to Canberra GPO, Transport and significant amenity.
• Extensively refurbished and minimal capex required moving forward.
• One of few Canberra CBD buildings with a 5.0-star NABERS Base building Energy rating.
*approximately as at 1 April 2019
With its prime location and excellent physical fundamentals 10 Moore Street is a highly desirable investment opportunity.
Property ID: 503122606Last Updated: 16 Aug 2019