Office

Bruce_Thynne_Street_26

26 Thynne Street Bruce, ACT Australia 2617
Asking Price Contact for pricing
Area Size
NOI Net Operating Income
NIY N/A

Attributes

Year Built 1990
Tenure Type Leasehold
Building Area Net
Land Area Net ()
Rentable Area
Occupancy 100.0 %

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.

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

10

Last Updated Date: 21 Nov 2022

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Last Updated Date: 21 Nov 2022

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