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16 Furzer Street
Phillip ACT 2606
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Sold on 4 Aug 2016

16 Furzer Street Phillip ACT 2606

  • Offices
  • Sold

Fully leased A-grade office asset

JLL and Colliers international are pleased to offer this outstanding investment opportunity for sale via an International Expressions of Interest campaign closing at 3pm Thursday 21st April 2016.

Aviation House presents the ultimate investment opportunity to purchase a fully leased commercial asset, with over 98% of the income generated by three AAA rated (S&P, Moody’s and Fitch) Government tenants. Located in the heart of the Woden Commercial District in Phillip, Aviation House is a striking A-grade asset comprising 14,812m² of high quality office accommodation over nine levels, boasting a WALE of 5 years.*

The property has a secure tenant register comprising the Civil Aviation Safety Authority, Australian Public Service Commission and Department of Social Services. Importantly, 56% of the NLA is underpinned by the Civil Aviation Safety Authority until 2022, providing significant income security from a reputable Government tenant.

• Fully leased, 14,812m² modern office building less than 10 years old
• 98% occupied by AAA rated Commonwealth of Australia tenants
• 2,000sqm (approx.) floor plates, providing flexibility suited to single or multiple tenancies
• Estimated Passing Net Income of $6,133,651 pa* (excl GST)
• 4.5-Star NABERS Energy and Water Rating
*Approximate as at 1 April 2016

Property Highlights

Date Sold4 Aug 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Property ID2012673937
Category
Last updated  4 Aug 2016
Map for 16 Furzer Street Phillip ACT 2606

Property Highlights

Date Sold4 Aug 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingOn site parking available
Property ID2012673937
Category
Last updated  4 Aug 2016
Level 8/68 Northbourne Ave Canberra ACT 2600

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