Knight Frank Canberra is pleased to bring to market a rare, strata opportunity in the heart of the Woden Town Centre. One of only two strata purchase opportunities in the popular suburb of Phillip, Level 8 will offer an approx. 565 sqm whole floor opportunity, ideally suited to medical or office owner occupiers, or the speculative investor.
Once known for car-yards and mechanics, Woden is experiencing a major resurgence of late. Within the heart of the Woden Town Centre, approximately 10km south from the Canberra CBD and 7km south from Parliament House, 1 Bowes Place was one of the original office buildings in the Town Centre, previously housing Federal Government office workers across its 12 floors.
Within walking distance to Westfield Woden, the Abode Hotel, and new residential developments like Grand Central Towers, WOVA, W2, A&A and Ivy - Level 8, 1 Bowes Place is surrounded by amenity and a broad infrastructure pipeline including:
- ACT Light Rail (Stage 2B) Anticipated to commence in 2027 with the new Woden Transport Hub only 50m away.
- Canberra Hospital Expansion: There will soon be a major expansion of the Canberra Hospital, at a cost of $500 million.
- The Canberra Institute of Technology sitting atop the Woden Transport Hub will cater for 6,500 students once completed.
The Town Centre is renowned as ACT's "health hub", the home of both Federal Department of Health & Aged Care Departments and the local ACT Government Department of Health. Importantly, the Canberra Hospital is located nearby, presenting a fantastic opportunity for medical occupiers wanting to take advantage of the building's proximity to this heavily growing precinct.
Priced below replacement value and offered with a very valuable Permitted Use (allowing for medical usage), this side-lift-core configuration floor plate provides ample natural light and subdivides well.
Please contact Nathan Dunn or Megan Gouge of Knight Frank Canberra for further information or to book in an inspection.
