JLL and Colliers International are pleased to offer this outstanding investment opportunity for sale via an International Expressions of Interest campaign closing at 3:00pm (AEST) Thursday 21st April 2016.
Aviation House presents the ultimate investment opportunity to purchase a fully leased office 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 14,812sqm 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 Net Lettable Area is underpinned by the Civil Aviation Safety Authority until 2022, providing significant income security from a stable government tenant.
• Fully leased, 14,812sqm modern office building less than 10 years old
• 98% occupied by AAA rated Commonwealth of Australia tenants
• 2,000sqm (approx.) floor plates, ideal for government tenants
• 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