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496 Northbourne Avenue, Dickson ACT 2602

  • Development / Land
  • Land Size6,090 m²
  • PriceExpressions of Interest

Absolute Landmark Development Opportunity With Holding Income

&#xD&#xD Absolute Landmark Development Opportunity With Holding Income

496 Northbourne Avenue represents a rare opportunity to purchase a large scale development site with approximately 2.5 years of holding income, underwritten by the ACT Government. The primary features of this opportunity are:

- Gateway location on the corner of Northbourne Ave and Antill Street in Dickson, Canberra
- Outstanding vista's on the eastern, northerly and westerly sides.
- Street frontage to Challis Street, Antill Street and Northbourne Avenue.
- 6090 sqm level rectangular site currently allowing development up to 32 metres.
- Ideally positioned to capitalise on the new Capital Metro Light Rail and Dickson Town Centre revitalisation.
- Crown lease allowing residential, office, retail, restaurant and hotel uses with no gross floor area restriction.
- 3872 sqm office building with 125 on site car parks leased to the ACT Government until 24 August 2020
- The building has as 4-Star NABERS Energy rating.
- Current net annual income of approximately $1.7 million

For Sale by Expressions of Interest closing at 3pm on Wednesday the 6th of December 2017.

EXPRESSION OF INTEREST

Closing date and time06/12/2017 00:00
Recipient nameAsk Agent
Delivery address496 Northbourne Avenue

Property Highlights

Property ID2013975724
Floor Area3,872 m²
Land Area6,090 m²
EnergyAsk Agent
Parking125 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Nov 2017
Map for 496 Northbourne Avenue, Dickson ACT 2602
Civium Property Group - Commercial
17-23 Townshend Street Phillip ACT 2606

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