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44-46 Mort Street Braddon ACT 2612

  • Other
  • 12,257 m²
  • For Sale, Expressions Of Interest

A Superior Quality DA Approved Student Accommodation Development In An Undersupplied Market

    • 6 level development comprising 406 units, generous pastoral care areas, 4 ground floor retail tenancies and 63 space basement car park.
    • Outstanding inner urban location in the burgeoning suburb of Braddon within walking distance to the Australian National University and UNSW Reid Campus.
    • A world leading design providing a unique student accommodation experience that looks to enhance the user experience and maximise the community ideal.
    • Provides an opportunity for owner operators to purchase a turn key development or investors to secure a prized asset with a pre-committed long term management agreement in place to one of Australia's leading student accommodation operators.
    • Investment is underpinned by Australia's most secure local economy underpinned by the Commonwealth Government.
    • Canberra consistently has one of Australia's lowest residential vacancy rates and highest average weekly rental rates demonstrating the demand for accommodation and strength of the residential market.
    • Completion forecast for late 2024 for the start of the 2025 education year.

    Expressions of Interest Closing Thursday 28 July 2022 at 4pm.

    Property Highlights

    Floor Area12,257 m²
    Land Area3,058 m²
    Parking63 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2017901512
    Category
    Last updated  29 Jun 2022
    Map for 44-46 Mort Street Braddon ACT 2612

    Property Highlights

    Floor Area12,257 m²
    Land Area3,058 m²
    Parking63 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2017901512
    Category
    Last updated  29 Jun 2022
    Level 6 / 28 University Ave Canberra ACT 2600
    Mark Thompson
    Mark Thompson
    Ray White Commercial Canberra
    Ben Faulks
    Ben Faulks
    Ray White Commercial Canberra
    Nic Purdue
    Nic Purdue
    CBRE Canberra

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