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Whole/32 Cohen Street Belconnen ACT 2617

  • Shop & Retail
  • 3,709 m²
  • Expressions of Interest

For Sale - 10.55 Year WALE - 32 Cohen St Belconnen

    Civium Property Group and Ray White Commercial Canberra are pleased to present 32 Cohen St Belconnen, Belconnen for sale via Expressions of Interest closing Thursday 1 September 2022 at 2pm.

    32 Cohen St is well located, situated right in the middle of Belconnen Town Centre. The building is has undergone a huge refurbishment, re-positioning it as a rare, high-quality destination for Office, Medical and Retail operators, perfectly placed on the door step of Westfield Belconnen.

    The refurbishments are now complete and the building is 100% leased, to a high quality mix of tenants, including a Sage Childcare, Open Mobility, Active Recovery Physio, Hairdresser and Ray White Canberra Real Estate Agency.

    The primary attributes of the building are:

    * WALE of 10.55 years (anchored by Sage Childcare, with lease expiry in 2040)
    * Annual net rent of $945,994 per annum plus GST
    * Net Lettable Area 3,709m2
    * Large 4,030m2 block
    * Large depreciation benefits from recent $6m refurbishment
    * High level of exposure and accessibility to Westfield Belconnen
    * Both front are rear on site parking for 51 cars.
    * Large range of allowable uses, including Office, Education 9B, Medical, Vet, Retail, Wholesale, Personal Services, Manufacturing, Vehicles Sales and Servicing.

    Close to Westfield Shopping Centre, Belconnen Markets, Bunnings Warehouse, Belconnen Service Trades, University of Canberra, Lake Ginninderra and Government Offices the building represents an excellent opportunity for investors wanting a Town Centre location, on a large block of land.

    For sale via Expressions of Interest, closing at 2pm on Thursday 1 September 2022.

    For more information, or to arrange an inspection contact:
    Andrew Smith on 0409 600 471 - andrew.smith@civium.com.au
    Mark Thompson on 0438 624 042 - mark.thompson@raywhite.com
    Ben Faulks on 0432 028 645 - ben.faulks@raywhite.com

    EXPRESSION OF INTEREST

    Closing date and time01/09/2022 16:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Floor Area3,709 m²
    Land AreaAsk Agent
    Parking51 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017978586
    Category
    Last updated  4 Aug 2022
    Map for Whole/32 Cohen Street Belconnen ACT 2617

    Property Highlights

    Floor Area3,709 m²
    Land AreaAsk Agent
    Parking51 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017978586
    Category
    Last updated  4 Aug 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
    Andrew Smith
    Andrew Smith
    Civium Property Group - Commercial

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