17 Moore Street, Canberra


Acquisition Price
$20.6m

Acquisition Date
2018

Building Size
5,717sqm

Vehicle
Private Capital

NABERS Ratings
Energy 4.5* Water 5* Waste N/A

17 Moore Street is a seven-level office building that has recently been the subject of a major refurbishment involving a full external and internal upgrade. The property is located in the north-western quadrant of the Canberra CBD, approximately 250 metres north of the GPO. The building has potential to be certified to a 5 Star NABERS Energy rating. 

Due to vacancy in the asset an opportunity was presented to acquire the property at below replacement cost and enhance the tenancy profile by implementing Marprop’s ‘Beyond Grade’ leasing strategy. The building has undergone a rebranding strategy that has seen leasing demand progress beyond initial expectations.

Previous
Previous

24 Bay Street, Sydney

Next
Next

60 Carrington Street, Sydney