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10 Moore Street

Projects

10 Moore Street

Location

Canberra, ACT

Size

PURCHASE Date

June 2014

Sold

June 2019

Completed

TR

16.7

%

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Significant repositioning work: Aesthetic upgrade including new ground and on-floor lobbies and end-of-trip facilities. Mechanical regeneration. Lift replacements. Painting of facade.

Strategy

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.

Outcome

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.

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