NewActon East, 21-23 Marcus Clarke Street, Canberra _Property for Sale
NewActon East, 21-23 Marcus Clarke Street, Canberra _Property for Sale

NewActon East, 21-23 Marcus Clarke Street, Canberra

21-23 Marcus Clarke St, Canberra, ACT, 2601, AU

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
82%
Year built
2007
Land area gross
36,167 sf
WAULT
8.1 years
Call for offers
10/29/2025

Media

Investment highlights

Key Investment Highlights


  1. Premium Quality: 7,380m² NLA, 116 basement car spaces, upgraded amenities and end-of-trip facilities.


  1. 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.


  1. Internationally Renowned Location: Award-winning NewActon mixed-use precinct provides unique workplace and social amenity.


  1. Stable Market: Canberra A-grade vacancy at 7.18%, constrained supply and resilient net absorption combine to enable long term rent growth.


  1. Future-Proofed: Recent $7 million capital investment program has successfully upgraded building amenities, lobbies, and end-of-trip facilities.


NewActon East, 21-23 Marcus Clarke Street, Canberra  4_Property for Sale
NewActon East, 21-23 Marcus Clarke Street, Canberra  4_Property for Sale

Contact brokers

NewActon East, 21-23 Marcus Clarke Street, Canberra (0 Properties)

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Last updated
Oct 2, 2025