![Civium Property Group](https://i1.au.reastatic.net/170x46-fit/61c6d8d93412cc3c665318aa4c688adab23a8d3e10c98764d8551a2209f0aaa9/large_commercial.jpg)
7-11 Barry Drive,
Turner, ACT 2612
Offices
Price information
Sale - Expression of Interest closing Thu 25 Jul
Contact Agent
Key property information
Floor area
Car spaces
Parking info
Tenure type
Expression of Interest
Private inspections
to arrange a private inspection.
Civium Property Group
3 Lonsdale StreetBRADDON, ACT 2612
04124851...![Civium Property Group](https://i1.au.reastatic.net/170x46-fit/61c6d8d93412cc3c665318aa4c688adab23a8d3e10c98764d8551a2209f0aaa9/large_commercial.jpg)
![Civium Property Group](https://i1.au.reastatic.net/170x46-fit/61c6d8d93412cc3c665318aa4c688adab23a8d3e10c98764d8551a2209f0aaa9/large_commercial.jpg)
7-11 Barry Drive
Turner, ACT 2612
Map of 7-11 Barry Drive
Tram stops within 5 km of 7-11 Barry Drive, Turner, ACT 2612 Distance Alinga Street 318 m Elouera Street 374 m POWERED BY HERE ©Bus stops within 5 km of 7-11 Barry Drive, Turner, ACT 2612 Distance Northbourne Av Canberra Centre Apartments 140 m Anu Rimmer St 202 m Jolimont Tourist Centre 227 m Marcus Clarke St Before Rimmer St 256 m Northbourne Av Mantra 290 m POWERED BY HERE ©
POWERED BY HERE ©
Incredible Investment Opportunity on the Fringe of Canberra's CBD
- Net income - c. $1 million p.a.
- Tenanted by ANU
- 3-year WALE
Prominently located fronting Barry Drive on the north western fringe of the CBD, 7-11 Barry Drive enjoys excellent exposure to passing traffic each day and is only a short stroll to all of the CBD’s amenities including the Canberra Centre.
7-11 Barry Drive is situated 500 metres from Canberra’s CBD on the corner of Moore Street and Barry Drive, the major road feeding the CBD from North Canberra and Belconnen. This unique office asset offers the astute investor the perfect opportunity to acquire an affordable well positioned and leased asset anchored by one leading Australia’s leading Universities.
The building has enjoyed a long history of institutional grade tenants due to its convenient CBD fringe location, proximity to the ANU, public transport and high carparking ratio ensuring its high leasing performance since the building was constructed in 1987.
Key Features:
• Net annual rent - c. $1.07 million p.a. (when fully leased)
• 90% occupied, anchored by the Australian National University
• 3-year WALE
• 2,251m2 modern office space
• Major building refurbishment in 2014
• Two levels of office accommodation
• Flexible floor plates to suit large and smaller tenants alike
• High signage exposure to the CBD and Barry Drive
• Over 3 car parking spaces per 100m2
• Large site of 2,562m2
• Great future redevelopment site (subject to planning approval)
Canberra’s CBD is changing. The ACT Government, in conjunction with the City Renewal Authority, is beginning work on ‘once in a generation’ redevelopment of the CBD and wider region, from City Hill to the Convention Centre Precinct.
As urban consolidation continues, the CBD must continue to grow north, which presents an extraordinary opportunity for redevelopment into the future.
7-11 Barry Drive is situated 500 metres from Canberra’s CBD on the corner of Moore Street and Barry Drive, the major road feeding the CBD from North Canberra and Belconnen. This unique office asset offers the astute investor the perfect opportunity to acquire an affordable well positioned and leased asset anchored by one leading Australia’s leading Universities.
The building has enjoyed a long history of institutional grade tenants due to its convenient CBD fringe location, proximity to the ANU, public transport and high carparking ratio ensuring its high leasing performance since the building was constructed in 1987.
Key Features:
• Net annual rent - c. $1.07 million p.a. (when fully leased)
• 90% occupied, anchored by the Australian National University
• 3-year WALE
• 2,251m2 modern office space
• Major building refurbishment in 2014
• Two levels of office accommodation
• Flexible floor plates to suit large and smaller tenants alike
• High signage exposure to the CBD and Barry Drive
• Over 3 car parking spaces per 100m2
• Large site of 2,562m2
• Great future redevelopment site (subject to planning approval)
Canberra’s CBD is changing. The ACT Government, in conjunction with the City Renewal Authority, is beginning work on ‘once in a generation’ redevelopment of the CBD and wider region, from City Hill to the Convention Centre Precinct.
As urban consolidation continues, the CBD must continue to grow north, which presents an extraordinary opportunity for redevelopment into the future.
Property ID: 504625156Last Updated: 10 Jul 2024
Civium Property Group3 Lonsdale Street
BRADDON, ACT 2612
BRADDON, ACT 2612
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Civium Property Group
Other properties you might be interested in based on the location and property type you are looking at.