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16 Furzer Street
Phillip ACT 2606
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Sold on 26 May 2016

16 Furzer Street Phillip ACT 2606

  • Offices
  • 14,812 m²
  • Sold, $68,100,000

Fully Leased A-Grade Office Asset

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

EXPRESSION OF INTEREST

Closing date and time21/04/2016 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold26 May 2016
Sold Price$68,100,000
Floor Area14,812 m²
Land Area4,464 m²
Energy4.5-star NABERS Energy rating
Parking147 x Onsite parkings
Property ID2012667411
Category
Last updated  7 Jun 2016
Map for 16 Furzer Street Phillip ACT 2606

Property Highlights

Date Sold26 May 2016
Sold Price$68,100,000
Floor Area14,812 m²
Land Area4,464 m²
Energy4.5-star NABERS Energy rating
Parking147 x Onsite parkings
Property ID2012667411
Category
Last updated  7 Jun 2016
Level 7, 121 Marcus Clarke St Canberra ACT 2600

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