This Phillip office space is virtually future-proofed for savvy investors

It’s around 2028 – and look at how the skyline around the Woden Town Centre has changed.

The Canberra Institute of Technology is abuzz with as many as 6500 students at its local campus, injecting money into the local economy.

Two big open-air car parks on Bowes Street have disappeared and been replaced with the Hellenic Club’s massive redevelopment with apartments, offices, entertainment venues and shops.

Stage 2 of the light rail continuously embarks and disgorges passengers right next to the new bus interchange.

Then there’s something like 3000 apartments and workplaces for some 12,500 public sector workers.

And the Alexander and Albemarle foodie precinct on Furzer Street is at the epicentre of this entire transformative experience.

It’s there that this 68-square-metre office space, available right now, offers an opportunity to own part of that bustling future.

James Baker of Burgess Rawson Canberra says there’s never been a better time to invest in the Woden Town Centre.

“Spaces like this will always be in demand in an area where you have such a big concentration of people – residents, students, shoppers and commuters,” he says.

The space is currently leased until May 2026 with a three-year option. There are 3 per cent annual rental increases and net annual income of around $71,000 plus GST.

With a price guide of $1.05 million, the purchase of G13/35 Furzer Street, Phillip is GST and sales tax exempt.

$1,050,000

G13/35 Furzer Street, Phillip ACT 2606

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