Colliers are delighted to exclusively present 5-15 Garema Place, Canberra City for sale. The properties are being offered for sale by negotiation.
Located in the heart of the Canberra CBD, surrounded by an array of retail and food and beverage amenity, Government Departments, and infrastructure projects, 5-15 Garema Place provides an unrivalled core location. The buildings sit directly opposite the new luxury Garema Place hotel (under construction) and with a strategic long-term position within walking distance to major transport corridors, and public transport facilities including the City bus interchange, and the light rail terminus.
Consisting of two adjoining buildings of ~808m² NLA across 4 separately titled blocks, the assets represent a generational style investment opportunity in one of Canberra's most tightly held areas. Key investment highlights include 100% occupancy, multi-tenant profile with 2.13-year WALE and a strong history of occupation. With over 30m+ of frontage to Garema Place, CZ1: Core Zoning and existing low-rise improvements, the assets present a highly attractive long-term proposition^.
5-15 Garema Place, City provides a prominent and strategic long-term investment that will appeal to a variety of purchaser types.
For further information contact the exclusive agents Colliers, today.
^Subject to approvals.
*Estimated as at 1 April 2024. All areas and outlines are indicative only.
