Office

10 Moore Street, Canberra

10 Moore Street Canberra, ACT Australia 2601
Asking Price Contact for pricing
Sq. Footage 73,109
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1987
Lot Size 1,554 HECTARES

Property Description

JLL and Colliers International are pleased to present 10 Moore Street, Canberra for sale by Expressions of Interest closing 4 pm (AEST), Thursday 11th April 2019. The property is a six-level commercial office building that has recently been refurbished into a modern, efficient and welcoming work environment. In addition to the lobbies, lifts, bathrooms and exterior painting that have been undertaken, the building has also undergone a full regeneration of its base building plant and equipment to increase its NABERS Base building Energy rating to 5.0-stars. With its prime location and excellent physical fundamentals, 10 Moore Street is a highly desirable investment opportunity. 

Investment Highlights

·        Regenerated CBD private sector office that is 100% leased with WALE by income of 4.52 years*

·        Net passing income $2,393,177 ex. GST (fully leased) underpinned by 14 tenancies providing a diversified tenancy and income expiry profile

·        Ideally located on Moore Street adjacent to Canberra GPO, Transport and significant amenity.

·        Extensively refurbished and minimal capex required moving forward

·        One of few Canberra CBD buildings with a 5.0-star NABERS Base building Energy rating


*approximately as on April 1, 2019

Tim Mutton
Tim Mutton
Head of Sales and Investments - ACT
Dijana Krleski
Graduate Analyst

JLL  financing

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