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10 Hobart Place
Canberra Airport ACT 2609
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Sold on 16 Jul 2021

10 Hobart Place Canberra Airport ACT 2609

  • Offices
  • 4,483 m²
  • Sold

Compelling Canberra Investment in Prime Canberra CBD Location

  • Prominent office building of 4,483m² NLA
  • Prime 668m² site in City West, Canberra
  • 3.1 year WALE (by area)

JLL and Colliers are proud to present a 100% interest in 10 Hobart Place, Canberra, for sale via expression of interest closing 3pm AEST Thursday 27 May 2021.

The property deserves attention from investors seeking the following:

Refurbished building of 4,483sqm with long term history of occupation by a broad variety of SME tenants.
Typical floor plates of 540sqm that are attractive to a variety of Canberra's SME tenants.
High profile site of 668sqm in core Canberra CBD location.
Net Passing Income* (assuming fully let) $1,351,929 ex GST.
Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.
Close vicinity to retail and leisure amenity as well as proximity to major Civic based Government Headquarters.
Opportunity to capture demand from Canberra's growing SME market for small vacancy in building.
Immediate connectivity to Canberra's road, bicycle, light rail and bus networks.
 *As at 1 July 2021

10 Hobart Place presents as a compelling value-add investment opportunity following its recent refurbishment, location and strong long-term tenant commitment. Please contact the exclusive agents for further information.

High profile site of 668sqm in core Canberra CBD location.
Net Passing Income* (assuming fully let) $1,351,929 ex GST.
Diversified tenancy profile offering 94% occupancy and 3.1-year WALE* by area.
Significant refurbishments since 2014 have seen building completely repositioned to offer low ongoing capex and strong leasing uptake.

JLL - Canberra
JLL - Canberra
Level 7, 121 Marcus Clarke St
Canberra, ACT 2600

Property Highlights

Date Sold16 Jul 2021
Floor Area4,483 m²
Land Area668 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2016036359
Category
Last updated  26 Jul 2021
Map for 10 Hobart Place Canberra Airport ACT 2609

Nearest transport* to 10 Hobart Place Canberra Airport ACT 2609

Bus
City West Marcus Clarke St77 m
City West Marcus Clarke St78 m
City West Alinga St120 m
Canberra Civic Coach Stop123 m
This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
*Within a 4km radius
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JLL - Canberra
JLL - Canberra
Level 7, 121 Marcus Clarke St
Canberra, ACT 2600

Property Highlights

Date Sold16 Jul 2021
Floor Area4,483 m²
Land Area668 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2016036359
Category
Last updated  26 Jul 2021

Co-Agents

Andrew Balzanelli
Andrew Balzanelli
JLL - Canberra
Call
0418 257 129
Tim Mutton
Tim Mutton
JLL - Canberra
Call
0421590686

More about 10 Hobart Place Canberra Airport ACT 2609

10 Hobart Place Canberra Airport ACT 2609 is categorized as Office. It has a floor area of 4,483 m². The listing ID for this property is 2016036359.

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