42 Macquarie Street
42 Macquarie Street, Barton, ACT, 2600, AU
43,432 sf
Description
NewActon East presents a rare defensive investment opportunity now available for sale via International Expression of Interest closing 4:00pm AEDT, Thursday 30 October 2025.
This premium 7,380m² A-grade asset delivers 84% Australian Government income with 8.1 year WALE in Australia's tightest office market, combining sovereign tenant covenants with capital growth potential in Canberra's award-winning NewActon precinct.
The interest for sale is the commercial and retail component of the NewActon East building complex only.
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Attributes
Building area net
79,438 sf
Occupancy
84%
Year built
2007
Land area gross
36,167 sf
WAULT
8.1 years
Call for offers
29/10/2025
Media
Investment Highlights
Key Investment Highlights
- Premium Quality: 7,380m² NLA, 116 basement car spaces, upgraded amenities and end-of-trip facilities.
- Defensive Income: 8.1 year WALE and Net Passing Income $2,514,000 (approx as at 1 December 2025). 84% of income derived from AAA-rated Government tenants (ACCC, NDIS Commission) with proven retention history.
- Internationally Renowned Location: Award-winning NewActon mixed-use precinct provides unique workplace and social amenity.
- Stable Market: Canberra A-grade vacancy at 7.18%, constrained supply and resilient net absorption combine to enable long term rent growth.
- Future-Proofed: Recent $7 million capital investment program has successfully upgraded building amenities, lobbies, and end-of-trip facilities.
Contact brokers
NewActon East, 21-23 Marcus Clarke Street, Canberra (0 Properties)
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Last updated
19 Oct 2025
