Description

Units 2 & 3, 24 Brisbane Avenue represent a compelling investment proposition in Australia's most tightly held office market. Available for sale individually or together in-one- line and comprising over half of the entitlements in this boutique four-unit strata complex, these premium office suites deliver 398 sqm and 397 sqm of quality office accommodation supported by 22 undercroft car parking spaces - an exceptional ratio of 1:36 sqm that commands significant value in Barton’s constrained parking environment.

The offering presents exceptional flexibility. For investors, the asset delivers reliable income with embedded growth. For owner-occupiers, particularly those in the government and professional services sectors, it provides rare access to premium Barton office space.

Strategically positioned within immediate proximity to Parliament House, the new National Security Office Precinct, and major Commonwealth departments, 24 Brisbane Avenue is ideally situated in the epicentre of government activity. Each unit features a desirable corner configuration delivering abundant natural light, with exclusive access to male and female facilities on their respective floors.

The property benefits from a structured sale and leaseback arrangement with the Australian Chamber of Commerce and Industry (ACCI). The new 2-year lease, with annual 3% rental escalations and a 1-year option period, provides immediate income certainty while positioning the asset for positive rental reversion in a market where average office rents have experienced material growth in the last three years.

For sale via Expressions of Interest closing 4pm Thursday 16 July

For further information and access to the data room please contact exclusive agents JLL

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Attributes

Building area gross

8,557 sf

Occupancy

100%

Year built

1996

Number of units

Parking spaces

Call for offers

07/15/2026

Media

Investment Highlights

One of only four strata-titled office buildings in Barton, providing rare ownership access to one of Australia's tightest office market.
Immediate proximity to Parliament House, the new National Security Office Precinct, DFAT headquarters, and major Commonwealth departments
Secure two-year lease to the Australian Chamber of Commerce and Industry who have occupied the space since 1996.
Desirable 22 undercroft car spaces across both units at an exceptional ratio 1:36 sqm.
Clear pathway to positive rental reversion with rents in Barton continuing to grow due to increasing demand from corporate occupiers wanting to be close to their government clients.
Corner units with abundant natural light, exclusive floor amenities, and 398 sqm and 397 sqm of functional office space respectively.
Flexible acquisition structure – purchase units individually or together in-one-line to suit both investors and Owner Occupiers
Net Income: $312,393pa + GST *