Significant repositioning work: Aesthetic upgrade including new ground and on-floor lobbies and end-of-trip facilities. Mechanical regeneration. Lift replacements. Painting of facade.
Located on a prominent corner in Canberra’s CBD. The building has a strong history of attracting and retaining quality corporate and government tenants. We aim to regenerate the building aesthetically and mechanically targeting a minimum 4.5 Star NABERS Base Building Energy rating to attract and retain quality tenants, providing stabilised, long-term income to investors.
Following the successful aesthetic and mechanical upgrades the property was sold in June 2019 with 100% occupancy with Optus as the anchor tenant. 5 Star NABERS Base Building Energy rating was achieved.