84-86 Giles Street sits as a prime development site located in the highly sought after inner south of Canberra, offering high visibility and exposure to a wide audience. With the added advantage of having existing DA approved plans, this project is ready for a Q1 2025 start (subject to obtaining a BA).
84-86 Giles Street Kingston is located right next to the Parliamentary precinct consisting of Forrest and Barton. This location offers limited commercial availability and is highly sought after due to the strong nearby Commonwealth presence and proximity to Department of Defences primary hub in Russell. Commercial supply in this location is limited with minimal existing stock which is largely strata or secondary graded assets and no new build competition for 84-86 Giles Street.
Investment Highlights
- 1,961sqm* of land
- 1 building comprising 4,646sqm* of approved NLA for medical and office use across four storeys, including two levels of basement parking totalling 94 bays
- Wide crown lease purpose clause including residential with uncapped GFA
CBRE is proud to exclusively offer 84-86 Giles Street via Expressions of Interest closing 4pm Thursday 14th of November 2024.
Further information is available upon request to the exclusive agents, CBRE.