This commercial listing offers investors a high-exposure asset in Canberra’s Inner South
Monopoly players know the strongest path to success is to acquire prime properties that deliver the best returns, now and into the future.
Real life is no different, and this commercial opportunity in Griffith could definitely be considered a long-term performer.
The two-storey building in central Bougainville Street is a stroll away from the Manuka Village shops and offers just over 270 square metres of tenanted space.
In addition, there are 14 on-site parking bays.
The building sits within the heritage‑listed Blandfordia 5 precinct, one of Canberra’s earliest planned suburbs.
The property has undergone significant improvements since 2000 and was refurbished in 2022 with upgraded services and a quality fitout.
The property is leased to Terracon Legal with a new five-year lease and a similar option.
The other tenant, GH Nutrition, recently extended its lease until January 2028 with an option for a further two years. The leases include fixed annual rent reviews of 3.5 per cent to 4 per cent across both tenancies.
Matthew Winter of Colliers Canberra says the building offers a blue-ribbon investment opportunity.
“It’s located in Canberra’s most affluent precinct with a broad purpose clause that includes office, health, retail and even residential uses,” he says.
“Griffith continues to be an extremely popular pick for commercial investors looking for a long-term, strong asset.”
The listing comes with a price guide circa $4 million.
