For Sale

Whole, 274 Reed Street, GREENWAY ACT 2900

  • Building Area 2,174 m²
  • Sale Price $12,000,000

'A' GRADE COMMONWEALTH OFFICE BUILDING - 6.75% NET RETURN

Highlights

  • Commonwealth Office Building
  • Offices, meeting rooms, open plan
  • Large, efficient floorplates
  • Standalone A grade, 4.5 NABERS building
  • 53 on-site carparking

Description

Situated in the the Town centre of Tuggeranong (Greenway) with close proximity to the Southpoint shopping centre, business & health services and public transport and adjacent to Australia Post. Greenway office space is underpinned by the National Head Office of the Department of Social Services Australia.

274 Reed Street is a standalone 'A' grade office building; 4.5 NABERS rating; 2,174 sqm with a high quality government fit-out leased to NDIS (Commonwealth of Australia).Large, efficient floorplates of 887 sqm (ground floor) & 1,287 sqm (first floor) boasting excellent services and finishes.A high level of security inclusions with a separate secure entry, separate from public areas.Included in the rent is 53 carparking spaces on-site. Net rent is circa $807,000 per annum.This Building in 11 years and has only been vacant for 9 months. Previous long term tenant was Social Services Australia. Existing tenant, NDIS would consider extending past August 2022. A building that both of these Government Departments always consider for future growth and projects. Existing fit-out is owned by the Lessor.Wide zoning including allowing 'Medical Use' for alternative option.
Please note agent's interest.

Zoning Office/Professional Council

ACT Planning Authority

Tenure

Tenanted Investment

Pricing

All prices are indicative plus GST (if any).

Sale Car Spaces

53

Energy Rating

3.5-star NABERS Energy rating

Building Area 2,174 m² Land Area 2,315 m2

Documents

Agents

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