Canberra’s Maritime Safety Authority Building Sells For $44 Million
CANBERRA’s near new Australian Maritime Safety Authority building has sold for $44 million to an undisclosed private investor.
The 82 Northbourne Avenue office, which was completed last July, sold on a yield of 7 per cent.
The building measures seven levels and was sold with a 15-year lease to the government, paying a high $430 per square metre (high compared to similar quality offices in Sydney and Melbourne).
Read more