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Colliers - Canberra

5-15 Garema Place City, ACT 2601

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5-15 Garema Place,
City, ACT 2601

Offices • Shops & Retail • Development Sites & Land

Price information

Sale

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Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$425,000
Number of Tenants
8 Tenants
Tenants / Type
Multi-tenant

Private inspections

to arrange a private inspection.
Colliers - Canberra
Matthew Winter
Bella Kanellopoulos

Colliers - Canberra

Level 8, 68 Northbourne Ave
CITY, ACT 2601
Colliers - Canberra
5-15 Garema Place
City, ACT 2601

Map of 5-15 Garema Place

Directions
  • Train stations within 5 km of 5-15 Garema Place, City, ACT 2601Distance
    Dickson Interchange3 km
    Canberra Railway Station4.9 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 5-15 Garema Place, City, ACT 2601Distance
    Alinga Street208 m
    Elouera Street641 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 5-15 Garema Place, City, ACT 2601Distance
    City Bus Stn PLT 954 m
    City Bus Stn PLT 3129 m
    City Interchange130 m
    City West Bus Stn149 m
    Civic Interchange Bay 6, Alinga St149 m
    POWERED BY HERE ©
POWERED BY HERE ©

High-profile, generational investment in Canberra’s CBD

  • Fully leased, separately titled building
  • 30m+ combined frontage to Garema Place
  • Opposite new Garema luxury hotel
Colliers are delighted to exclusively present 5-15 Garema Place, Canberra City for sale. The properties are being offered for sale by negotiation.

Located in the heart of the Canberra CBD, surrounded by an array of retail and food and beverage amenity, Government Departments, and infrastructure projects, 5-15 Garema Place provides an unrivalled core location. The buildings sit directly opposite the new luxury Garema Place hotel (under construction) and with a strategic long-term position within walking distance to major transport corridors, and public transport facilities including the City bus interchange, and the light rail terminus.

Consisting of two adjoining buildings of ~808m² NLA across 4 separately titled blocks, the assets represent a generational style investment opportunity in one of Canberra’s most tightly held areas. Key investment highlights include 100% occupancy, multi-tenant profile with 2.13-year WALE and a strong history of occupation. With over 30m+ of frontage to Garema Place, CZ1: Core Zoning and existing low-rise improvements, the assets present a highly attractive long-term proposition^.

5-15 Garema Place, City provides a prominent and strategic long-term investment that will appeal to a variety of purchaser types.

For further information contact the exclusive agents Colliers, today.

^Subject to approvals.
*Estimated as at 1 April 2024. All areas and outlines are indicative only.

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Additional information

Property ID: 504550420Last Updated: 1 May 2024

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