128 Bunda Street, City is a high-profile and iconic retail/office building for sale by Expressions of Interest and represents one of the Canberra CBD's finest commercial investment opportunities.
128 Bunda Street presents purchasers with a separately titled asset featuring vacant possession tenure, generous street frontage, existing fitout infrastructure and superb value-add prospects along one of Canberra's most well recognised retail strips.
The Canberra CBD is home to several major Commonwealth Departments and a significant volume of commercial and retail operators, all of which surround 128 Bunda Street. The 49,000m² Australian Tax Office (ATO) headquarters and Canberra's largest retail centre - the 123,000m² Canberra Centre are within immediate proximity. Furthermore, major infrastructure projects and amenities are closely positioned including light rail, the civic bus interchange, key arterial roads, numerous new mixed-use projects and the Braddon retail precinct.
The property enjoys a significant volume of daily passing traffic, 397sqm* of NLA across two levels (with separate entrances), CZ1 zoning on a 232m² site and is strategically located in the midst of Bunda Street near numerous Canberra Centre entrance points. Prospective purchasers can consider a variety of scenarios to add-value to the asset through filling existing vacancies, refurbishment, active building management or potential owner-occupation.
Expressions of Interest close Wednesday 24 November 2021 at 4:00pm (AEDT). Interested parties are encouraged to contact the exclusive agents Colliers for more information.
*Approximately as estimated by the Vendor