Office

Bruce_Thynne_Street_26

26 Thynne Street, Bruce, ACT, 2617, AU

Bruce_Thynne_Street_26_Property for Sale

Gallery

Bruce_Thynne_Street_26 2_Property for Sale

Asset description

JLL is pleased to present 26 Thynne Street, Bruce to the market for Sale by Expressions of Interest Closing 4pm Thursday 10 November (AEDT).


26 Thynne Street presents a compelling investment for a developer or investor to take advantage of this high yielding secure investment on a large land holding with favourable zoning. 26 Thynne Street borders busy Haydon Drive and is situated on the fringe of Belconnen Town Centre, adjacent to the University of Canberra and within walking distance to Radford College, AIS Precinct and Calvary Hospital and just 7km to Canberra CBD. 26 Thynne Street deserves attention from investors, and developers seeking the following:


-Refurbished building with a building area of 3,596 sqm and NLA of 3,436sqm

-Large landholding of 9,074sqm in Bruce in close proximity to University of Canberra, Radford College, AIS precinct and Calvary Hospital

-Diversified tenancy profile 100% leased to 5 tenants comprising a mix of Commonwealth Government, not for profit and private tenants

-Staggered lease expires, reducing any potential downtime

-Stand alone 3 storey building constructed in 1990

-33 secure undercroft parking spaces and a further 81 on-grade spaces available for tenants with an excellent ratio of approximately 1:30 making 26 Thynne Street a desirable location for tenants

-Favourable CZ5 Mixed Use Zoning under the ACT Territory Plan 2008

-Excellent 4.5-star NABERS Energy rating as well as 5-star Water rating



For further information or to arrange an inspection please contact JLL as the exclusive selling agents.

Attributes

Building area Net
36,985 sf
Occupancy
100.00%
Year built
1990
Land area Net
2.24 acres (97,670 sf)
Tenure
Leasehold

Investment highlights

  • 100% leased to and excellent mix of Commonwealth Government, not for profit and private tenants
  • 3.13-year WALE by Income*
  • Boutique office accommodation totaling 3,436sqm of NLA
  • Large 9,074 land holding
  • Favourable CZ5 Mixed Use Zoning allowing for multiple uses under the Territory Plan
  • 4.5-star NABERS Energy rating
  • Net Passing Income: $1,019,951pa + GST *

For Sale by Expressions of Interest Closing 4pm Thursday 10 November (AEDT)

*As at 1 November 2022

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Bruce_Thynne_Street_26 4_Property for Sale
Bruce_Thynne_Street_26 4_Property for Sale

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Last updated
Nov 30, 2022