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Townhouse
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for sale
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Rare Canberra CBD Landholding | 7% Yield | Multi Tenant Investment Adjacent 5 Star Crystalbrook Hotel
Australian National University
· 481 m² · Townhouse
Australian National University · 481 m² · Townhouse
Positioned at the epicentre of Canberra's evolving CBD, the iconic Grand United Building presents a rare opportunity to secure a landmark commercial holding with substantial income, scale and long-term strategic upside. Occupying a commanding position within the revitalised Garema Place and City Walk precinct, the property benefits from exceptional exposure within one of Canberra's highest profile pedestrian and entertainment destinations. Fully leased to established long-term tenants, the asset provides a strong income stream with a net income of approximately $302,650* p.a reflecting an estimated 7.0% yield based on the asking price. The property also offers significant future flexibility for investors, owner occupiers or developers seeking exposure to Canberra's continued CBD transformation. The combination of shorter to medium-term lease expiry profiles and strong underlying precinct fundamentals provides investors with the opportunity to capture future rental growth, reposition te
Positioned at the epicentre of Canberra's evolving CBD, the iconic Grand United Building presents a rare opportunity to secure a landmark commercial holding with substantial income, scale and long-term strategic upside. Occupying a commanding position within the revitalised Garema Place and City Walk precinct, the property benefits from exceptional exposure within one of Canberra's highest profile pedestrian and entertainment destinations. Fully leased to established long-term tenants, the asset provides a strong income stream with a net income of approximately $302,650* p.a reflecting an estimated 7.0% yield based on the asking price. The property also offers significant future flexibility for investors, owner occupiers or developers seeking exposure to Canberra's continued CBD transformation. The combination of shorter to medium-term lease expiry profiles and strong underlying precinct fundamentals provides investors with the opportunity to capture future rental growth, reposition te
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