34 Marcus Clarke Street & 3 Hobart Place, City (Academie House)_Propriété à vendre
34 Marcus Clarke Street & 3 Hobart Place, City (Academie House)_Propriété à vendre

34 Marcus Clarke Street & 3 Hobart Place, City (Academie House)

34 Marcus Clarke Street, Canberra, ACT, 2601, AU

Description de l'actif

Prominently positioned in Canberra's prestigious City West precinct, 34 Marcus Clarke Street and 3 Hobart Place offer an exceptional investment opportunity in the heart of the national capital. This Opportunity comprises two adjoining properties with a combined land area of 900 sqm, strategically located opposite the Australian National University (ANU) campus.

The assets benefit from unparalleled proximity to Canberra's burgeoning infrastructure initiatives and the continuously expanding ANU, one of Australia's leading universities.


34 Marcus Clarke Street, known as Academie House, is a 90-bed student accommodation asset with additional ground floor retail space. Originally constructed in 1966 as an office building, it was repurposed in the early 2000s to cater to Canberra's growing student population. The property offers immediate access to the 17,380-strong student body of ANU, ensuring consistent demand.


Adjoining Academie House is 3 Hobart Place, a boutique office building comprising 634 sqm of accommodation over three levels. Currently fully leased to Adero Law firm, this asset provides privacy for tenants while maintaining easy access to all the amenities the CBD has to offer.



A 100% Crown Leasehold interest in 34 Marcus Clarke Street and 3 Hobart Place is offered for sale via Expressions of Interest closing 4pm Tuesday 18 March 2025 (AEDT)

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Attributs

Occupation
100 %
Année de construction
1966
Superficie du terrain brute
900 mètres carrés
Lits
90
Zonage
CZ1
Appel d'offres
2025-03-17

Média

Points forts de l'investissement

Excellent location in Canberra's expanding City West precinct

Directly opposite Australian National University, ensuring strong student accommodation demand

1.5 year WALE by Income*

900 sqm land holding over two titles

Diversified income stream with student accommodation, office, and retail components

Net Passing Income: $1,165,834 pa + GST*

Significant development upside due to CZ1 zoning and permitted uses

Located in Canberra's resilient market, underpinned by government stability and consistent economic growth

34 Marcus Clarke Street & 3 Hobart Place, City (Academie House) 4_Propriété à vendre
34 Marcus Clarke Street & 3 Hobart Place, City (Academie House) 4_Propriété à vendre

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34 Marcus Clarke Street & 3 Hobart Place, City (Academie House) (0 Propriétés)

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Dernière mise à jour
12 févr. 2025