Endeavour House, 1 Franklin Street, Griffith provides purchasers with one of the ACT's most recognisable office investment opportunities. Positioned on a landmark corner site of 1,011m² with triple-street frontage, the asset enjoys a superb blue-ribbon location surrounded by numerous amenities as well as providing potential for future revenue opportunities^.
Situated next to the centre of Manuka village in Griffith, the building's prominence is guaranteed. Overlooking Manuka Oval, and closely positioned to the Parliamentary precinct (the ACT's tightest leasing market), the location supports a work/life balance and the on-going demand for high quality commercial and retail space. The recently added mural is a landmark for both the local community and for thousands of daily commuters, giving the property a strong identity and a sense of purpose that contributes to the area.
Developed in the 1960's, the ~2,700m² office asset has seen design and environmental upgrades and is occupied by a variety of government funded and national anchor tenants. The current short-term WALE and diversified tenancy mix provides purchasers with immediate value-enhancing prospects, as well as possible redevelopment scenarios^.
^Subject to approvals