Australia Place, 14 Mort Street, City

14 Mort Street City, ACT Australia 2601
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 1996
Tenure Type Leasehold
Building Area Net
Land Area Net ()

Property description


JLL and Colliers are proud to present a prime office investment in Canberra’s tightly held CBD market.

Australia Place represents an outstanding opportunity to acquire an A-grade office asset underpinned by Government income in the heart of the Canberra CBD.

Investment highlights

  • A-grade building of 9,384 is 100% leased to AAA-rated Commonwealth of Australia – Department of Education, Skills & Employment.
  • Prime location in Canberra CBD, within close proximity to other major Government occupiers, transport, lifestyle and retail amenity.
  • 3.31 year wale by income with lease featuring 2 x 5 year options.
  • Net Passing income of $4,141,034 p.a. with fixed annual reviews of 3.75% providing strong contractual income growth.
  • Canberra’s leasing markets are tightening despite Covid-19 with PCA Office market data confirming A-grade vacancy compressed from 6.4% to 4.9% between January and July 2021.
  • Dedicated basement parking for 62 cars.
  • 5-star NABERS Energy Rating

To book your personal inspection or virtual inspection, please contact us.

Last Updated Date: 08 Oct 2021
Tim Mutton
Tim Mutton
Head of Sales & Investments - ACT
Luke Billiau
Luke Billiau
Head of Capital Markets - NSW

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Last Updated Date: 08 Oct 2021

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