42 Macquarie Street_Property for Sale
42 Macquarie Street_Property for Sale

42 Macquarie Street

42 Macquarie Street, Barton, ACT, 2600, AU

Description

42 Macquarie Street, Barton presents a rare opportunity to acquire a prominent commercial asset in Canberra’s most tightly held and desirable office location. 42 Macquarie Street is ideally positioned to attract and retain high-calibre tenants given its proximity to Parliament House, the new National Security Office Precinct, and major federal departments.


42 Macquarie Street provides a secure and reliable income stream, supported by a diverse tenant mix and staggered lease expiry profile that mitigates vacancy risk. The building has recently undergone significant upgrades, including a cosmetic overhaul and enhancements to achieve a market-leading 5.5-star NABERS Energy rating. These improvements boost the building's performance and tenant amenity while minimising the need for near-term capital expenditure.


Recognised as a high quality commercial property in Barton, 42 Macquarie Street combines impressive architecture with lasting investment appeal. Given its strong fundamentals, blue-chip location, and clear upside potential through active asset management, this is a compelling opportunity for investors seeking exposure to Canberra’s resilient and government-driven office market.

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Attributes

Building area net
43,432 sf
Land area gross
39,008 sf
Number of units
11
Call for offers
14/10/2025

Media

Investment Highlights

  1. 2.56 year WALE by income with secure income and diversified expiry profile
  2. Located in the high demand Barton precinct with low 2.1% vacancy rate
  3. Close proximity to Parliament House and numerous central Government Agencies
  4. Recently refurbished asset offsetting future capital expenditure costs
  5. Excellent tenancy mix; 100% leased to 11 high quality tenants
  6. 4,035sqm of NLA over 4 floors on a significant 3,624sqm land parcel
  7. Generous parking ratio of 2.53 bays per 100sqm
  8. Excellent rental growth potential
  9. Attractive ~ 1,000sqm floor plates
  10. 5.5-Star NABERS Energy rating
  11. Net passing income (fully leased) $1,961,178


All figures are approximate as at 15 December 2025


A 100% Crown Leasehold interest in 42 Macquarie Street is offered for sale via Expressions of Interest closing 4pm Wednesday 15 October 2025 (AEDT).

42 Macquarie Street 4_Property for Sale
42 Macquarie Street 4_Property for Sale

Contact brokers

42 Macquarie Street (0 Properties)

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Last updated
16 Sep 2025