Skip to main content
7-11 Barry Drive
Turner ACT 2612
SearchBack to results
Civium Property Group Commercial

7-11 Barry Drive Turner ACT 2612

  • Offices
  • 2,251 m²
  • Expressions of Interest

Incredible Investment Opportunity on the Fringe of Canberra's CBD

  • Net income - c. $1 million p.a.
  • Tenanted by ANU
  • 3-year WALE

Prominently located fronting Barry Drive on the north western fringe of the CBD, 7-11 Barry Drive enjoys excellent exposure to passing traffic each day and is only a short stroll to all of the CBD's amenities including the Canberra Centre.

7-11 Barry Drive is situated 500 metres from Canberra's CBD on the corner of Moore Street and Barry Drive, the major road feeding the CBD from North Canberra and Belconnen. This unique office asset offers the astute investor the perfect opportunity to acquire an affordable well positioned and leased asset anchored by one leading Australia's leading Universities.

The building has enjoyed a long history of institutional grade tenants due to its convenient CBD fringe location, proximity to the ANU, public transport and high carparking ratio ensuring its high leasing performance since the building was constructed in 1987.

Key Features:
Net annual rent - c. $1.07 million p.a. (when fully leased)
90% occupied, anchored by the Australian National University
3-year WALE
2,251m2 modern office space
Major building refurbishment in 2014
Two levels of office accommodation
Flexible floor plates to suit large and smaller tenants alike
High signage exposure to the CBD and Barry Drive
Over 3 car parking spaces per 100m2
Large site of 2,562m2
Great future redevelopment site (subject to planning approval)

Canberra's CBD is changing. The ACT Government, in conjunction with the City Renewal Authority, is beginning work on 'once in a generation' redevelopment of the CBD and wider region, from City Hill to the Convention Centre Precinct.

As urban consolidation continues, the CBD must continue to grow north, which presents an extraordinary opportunity for redevelopment into the future.

EXPRESSION OF INTEREST

Closing date and time25/07/2024 17:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area2,251 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking73 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019330681
Category
Last updated  17 Jul 2024
Map for 7-11 Barry Drive Turner ACT 2612

Property Highlights

Floor Area2,251 m²
Land AreaAsk Agent
EnergyAsk Agent
Parking73 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019330681
Category
Last updated  17 Jul 2024

Listed by

Doug O'mara
Civium Property Group Commercial
Call
0412 485 181

More Properties for Sale from Civium Property Group Commercial

Expressions of Interest
7-11 barry drive,turner, ACT 2612
2,251 m²
Offices
Expressions of Interest
whole site/150 narrabundah lane,symonston, ACT 2609
30,995 m²
Development / Land
For SaleAuction
lot aa/401 pro hart avenue,strathnairn, ACT 2615
1,429 m²
Development / Land

Property FAQs

The agent has not listed a sale price for 7-11 Barry Drive Turner ACT 2612. Contact the agent for a price guide.
The floor area for 7-11 Barry Drive Turner ACT 2612 is 2,251 m².
Yes, there are 73 on-site parking spaces available at 7-11 Barry Drive Turner ACT 2612.
7-11 Barry Drive Turner ACT 2612 is currently tenanted.
The property highlights for 7-11 Barry Drive Turner ACT 2612 are 'Net income - c. $1 million p.a.', 'Tenanted by ANU' and '3-year WALE'.
Disclaimer