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Townhouse
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for sale
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Updated
100% Leased Landmark Canberra Mixed Use Investment
Gordon, Canberra
· Townhouse
Gordon, Canberra · Townhouse
JLL and Civium are pleased to present for sale, 205 Anketell Street, Greenway. 205 Anketell Street is a 7,149sqm* mixed-use asset and is anchored by a 76 key Punthill (Veriu Group) serviced apartment hotel, the Canberra Institute of Technology's Tuggeranong campus, and ground floor retail tenancies. It carries a long 6.4-year WALE and approximately $2.7million* in net passing income across accommodation, education and retail. Following more than $14million in recent capital upgrades, and with embedded residential zoning allowing for up to four additional floors comprising 80 residential apartments, this is an outstanding opportunity to secure a government backed income stream in one of Canberra's most tightly held precincts. Situated in the commercial core of Greenway, the administrative and commercial hub of the Tuggeranong Valley, the property services a large public sector workforce of approximately 6,500 employees. The location benefits from minimal direct competition, with only on
JLL and Civium are pleased to present for sale, 205 Anketell Street, Greenway. 205 Anketell Street is a 7,149sqm* mixed-use asset and is anchored by a 76 key Punthill (Veriu Group) serviced apartment hotel, the Canberra Institute of Technology's Tuggeranong campus, and ground floor retail tenancies. It carries a long 6.4-year WALE and approximately $2.7million* in net passing income across accommodation, education and retail. Following more than $14million in recent capital upgrades, and with embedded residential zoning allowing for up to four additional floors comprising 80 residential apartments, this is an outstanding opportunity to secure a government backed income stream in one of Canberra's most tightly held precincts. Situated in the commercial core of Greenway, the administrative and commercial hub of the Tuggeranong Valley, the property services a large public sector workforce of approximately 6,500 employees. The location benefits from minimal direct competition, with only on
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