53 Bowman Street, Macquarie_Property for Sale
53 Bowman Street, Macquarie_Property for Sale
53 Bowman Street, Macquarie, ACT, 2614, AU

53 Bowman Street, Macquarie

Asset Description

JLL is proud to present 53 Bowman Street Macquarie for sale by Expression of Interest.

53 Bowman Street is a two-level, single-titled building located in Canberra’s desirable suburb of Macquarie, just 3 km from the Belconnen Town Centre. This free-standing building has a total NLA of 660sqm and a land area of 391sqm. The ground floor is currently leased to The Salvation Army who has occupied the tenancy for over 10 years.

The first floor is currently vacant and provides investors and owner-occupiers the opportunity to refurbish and occupy the whole floor or part of the floor then lease out the remaining space to increase the value of the building all while having secure holding income on 50% of the building.

Located adjacent to the Jamison Plaza shopping centre containing Coles, Aldi and over 30 specialty retailers. 53 Bowman Street is close to public transport, amenities and ample parking for staff and customers. The area services not just the local residents of Aranda, Macquarie, Cook and Page but the approx, 100,000 residents of the greater Belconnen region.



Building area Net
7,104 sf
Year built
Number of units
2 units


Investment Highlights

Secure value add opportunity with holding income

Single-titled Investment in a central location close to amenities and Transport

50% leased to long-term tenant The Salvation Army for 5 years from 1 July 2021 + 1 x 5 year option

660sqm of NLA across 2 levels

391sqm Land Area

CZ3 zoning with purpose clause allowing for office, business agency, veterinary hospital and more

Excellent signage exposure on all four sides of the building

Estimated fully leased passing income $227,700pa* + GST

For Sale by Expressions of Interest closing 4pm Thursday 16 March 2023. Please contact exclusive agents, JLL to arrange an inspection.

*all figures are approximate

53 Bowman Street, Macquarie 4_Property for Sale
53 Bowman Street, Macquarie 4_Property for Sale

Contact brokers

53 Bowman Street, Macquarie (0 Properties)

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Last updated
4 May 2023