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DESCRIPTION:PRIME CORNER INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL\nPRIM
 E CORNER INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL\n\n9 Sargood Street\
 , O'Connor\, Canberra ACT\n\nPositioned on a prominent corner within the e
 stablished O'Connor Shops\, 9 Sargood Street presents an outstanding oppor
 tunity to secure a commercial investment with strong fundamentals and futu
 re development potential.\n\nComprising a two-level commercial building wi
 th approximately 351m² of net lettable area (NLA) on a 408m² block\, the
  property benefits from a strategic position within one of Canberra's esta
 blished neighbourhood retail precincts. The surrounding centre features a 
 diverse mix of retail\, hospitality and professional services\, including 
 O'Connor SupaExpress\, The Duxton\, Flatheads\, Urban Jungle and the O'Con
 nor Professional Centre.\n\nThe property is anchored by two established oc
 cupiers\, Capital Chemist and Australia Post\, providing a strong foundati
 on for the investment. Additional office accommodation on the first floor 
 further enhances the asset's income-generating potential\, with approximat
 ely 90% of the NLA currently leased.\n\nWith CZ4 zoning and potential to i
 ncrease NLA through future redevelopment\, subject to relevant approvals\,
  the property offers investors an opportunity to acquire an established co
 mmercial asset with scope to explore its longer-term potential.\n\nOffered
  for sale via Expressions of Interest\, this is an opportunity to secure a
  strategically positioned commercial property in the heart of O'Connor.\n\
 nKEY INVESTMENT HIGHLIGHTS\n\nProminent corner position within the establi
 shed O'Connor Shops\nLand area: 408m² approximately\nNet lettable area: 3
 51m² approximately across two levels\nCurrent occupancy: Approximately 90
 % leased by NLA\nNet income: Approximately $244\,448 per annum when fully 
 leased\nOutgoings: Approximately $90\,484 per annum\nEstablished occupiers
 : Anchored by Capital Chemist and Australia Post\nZoning: CZ4\nFuture upsi
 de: Potential to increase NLA through redevelopment\, subject to approval\
 nEstablished retail precinct: Surrounded by retail\, hospitality and profe
 ssional services\n\nFor Sale by Expressions of Interest\nClosing Wednesday
 \, 2 December 2026\n\nFor further information or to arrange an inspection\
 , please contact:\n\nDania Khalil\n0406 375 946\ndania.khalil@civium.com.a
 u
DTEND:20261202T150000
DTSTAMP:20261027T045302Z
DTSTART:20261202T150000
SEQUENCE:0
SUMMARY:Expression Of Interest: 9 Sargood Street\, O'connor ACT
UID:CRE-2021276971-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>PRIME CORNER INVESTMENT WITH FUTURE D
 EVELOPMENT POTENTIAL <br/> PRIME CORNER INVESTMENT WITH FUTURE DEVELOPMENT
  POTENTIAL <br/>  <br/> 9 Sargood Street\, O'Connor\, Canberra ACT <br/>  
 <br/> Positioned on a prominent corner within the established O'Connor Sho
 ps\, 9 Sargood Street presents an outstanding opportunity to secure a comm
 ercial investment with strong fundamentals and future development potentia
 l. <br/>  <br/> Comprising a two-level commercial building with approximat
 ely 351m² of net lettable area (NLA) on a 408m² block\, the property ben
 efits from a strategic position within one of Canberra's established neigh
 bourhood retail precincts. The surrounding centre features a diverse mix o
 f retail\, hospitality and professional services\, including O'Connor Supa
 Express\, The Duxton\, Flatheads\, Urban Jungle and the O'Connor Professio
 nal Centre. <br/>  <br/> The property is anchored by two established occup
 iers\, Capital Chemist and Australia Post\, providing a strong foundation 
 for the investment. Additional office accommodation on the first floor fur
 ther enhances the asset's income-generating potential\, with approximately
  90% of the NLA currently leased. <br/>  <br/> With CZ4 zoning and potenti
 al to increase NLA through future redevelopment\, subject to relevant appr
 ovals\, the property offers investors an opportunity to acquire an establi
 shed commercial asset with scope to explore its longer-term potential. <br
 />  <br/> Offered for sale via Expressions of Interest\, this is an opport
 unity to secure a strategically positioned commercial property in the hear
 t of O'Connor. <br/>  <br/> KEY INVESTMENT HIGHLIGHTS <br/>  <br/> Promine
 nt corner position within the established O'Connor Shops <br/> Land area: 
 408m² approximately <br/> Net lettable area: 351m² approximately across 
 two levels <br/> Current occupancy: Approximately 90% leased by NLA <br/> 
 Net income: Approximately $244\,448 per annum when fully leased <br/> Outg
 oings: Approximately $90\,484 per annum <br/> Established occupiers: Ancho
 red by Capital Chemist and Australia Post <br/> Zoning: CZ4 <br/> Future u
 pside: Potential to increase NLA through redevelopment\, subject to approv
 al <br/> Established retail precinct: Surrounded by retail\, hospitality a
 nd professional services <br/>  <br/> For Sale by Expressions of Interest 
 <br/> Closing Wednesday\, 2 December 2026 <br/>  <br/> For further informa
 tion or to arrange an inspection\, please contact: <br/>  <br/> Dania Khal
 il <br/> 0406 375 946 <br/> dania.khalil@civium.com.au</P></body></html>
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