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Scarborough House 8 Atlantic Street
Woden ACT 2606
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Sold on 10 Aug 2021

Scarborough House 8 Atlantic Street Woden ACT 2606

  • Offices
  • 16,755 m²
  • Sold

Commonwealth Government Leased Investment in Australia's Public Health Hub

  • NLA: 16,755m²
  • Car Parking: Secure parking for 47 cars
  • Site Area: 3,335m²

Colliers and JLL are pleased to present Scarborough House, Phillip for sale by Expressions of Interest closing 4pm (AEST), 12 May 2021.

Scarborough House - 8 Atlantic Street - is a fourteen-level A-grade office building offering 16,755m² NLA and a long-term history of Federal Government occupation. Situated in the Woden Town Centre - the geographic centre of the ACT - the property deserves the attention of investors seeking the following attributes:

High profile 14-level office tower of 16,755m² NLA.
100% leased with WALE by income of 4* years supported by fixed annual reviews of 3.50% - 4.00% p.a.
Net passing income $6,525,041* ex.GST underpinned by the AAA-rated Commonwealth of Australia as represented by the Department of Health.
Fully refurbished building in 2005 and with further upgrades in 2016 and 2018.
5-star NABERS Energy and 3.5-star NABERS Water ratings exceed standards required by Government.
Centre core layout with abundant natural light and sweeping views from all sides.
Secure basement car parking for 47 vehicles.
Ideally located in the Woden Town Centre, well recognised as Australia's public health hub and surrounded by significant infrastructure projects, tenant amenities and public transport.

With its prime town centre location, excellent physical fundamentals and AAA rated cashflow, Scarborough House presents a highly desirable investment opportunity.

*approximately as at 1 August 2021

Please call today to arrange an inspection.

 Colliers Canberra
Colliers Canberra
Level 8/68 Northbourne Ave
Canberra, ACT 2600

Property Highlights

Date Sold10 Aug 2021
Floor Area16,755 m²
Land Area3,335 m²
Energy5-star NABERS Energy rating
Parking47 x Onsite parkings
Property ID2016931668
Category
Last updated  23 Aug 2021
Map for Scarborough House 8 Atlantic Street Woden ACT 2606
 Colliers Canberra
Colliers Canberra
Level 8/68 Northbourne Ave
Canberra, ACT 2600

Property Highlights

Date Sold10 Aug 2021
Floor Area16,755 m²
Land Area3,335 m²
Energy5-star NABERS Energy rating
Parking47 x Onsite parkings
Property ID2016931668
Category
Last updated  23 Aug 2021

Co-Agents

Matthew Winter
Matthew Winter
Colliers Canberra
Call
+61 432 344 684
Paul Powderly
Paul Powderly
Colliers Canberra
Call
+61 413 122 877

More about Scarborough House 8 Atlantic Street Woden ACT 2606

Scarborough House 8 Atlantic Street Woden ACT 2606 is categorized as Office. It has a floor area of 16,755 m². There are 47 x onsite parkings.The listing ID for this property is 2016931668.

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