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.
