11/11 National CircuitBarton ACT 2600
Property Details for 11/11 National Cct, Barton
Last Listing description (May 2023)
Engineering House is located on the corner of Brisbane Avenue and National Circuit in Canberra's leafy office enclave suburb of Barton. Barton is located within a 5-minute drive of the CBD. Furthermore, it is within a leisurely walk to the popular suburbs of Kingston and Manuka where there is an array of cafes, restaurants, and bars.
11 National Circuit is a modern, well-maintained office building comprising of a ground floor and three upper levels of quality office accommodation and basement parking.
Available to purchase is suite 11 which is located on Level 2, offering its new owners 312 sqm with a great modern fit-out, including 6 Offices, a large open plan work area currently containing 6 large workstations, a large boardroom, a separate kitchenette, a large storeroom, and a lounge area which could easily be converted into a 7th office if you require it. Offering a North Easterly aspect there is an abundance of natural light flowing through this top-notch office space which also includes 7 allocated basement car spaces.
The owner's preference is to sell the property now as the current sitting tenant would like to vacate the premises earlier than their lease expiry as they are downsizing. The current lease expiry is 31 July 2024. So this provides the astute purchaser with an opportunity to purchase the property without paying GST and then arrange for their own business to occupy the property moving forward or continue owning the property as an investment opportunity.
Healing Foundation is currently paying $137,904 + GST per annum ($442 per sqm) in addition to $7,245 + GST for 7 Carparks, so all up $145,149 + GST.
This is a rare opportunity to purchase your own office space in the heart of the Parliamentary Triangle in Barton, in close proximity to Parliament House and a number of Commonwealth Government departments.
Contact the exclusive selling agent Chris Farmer today for more information.
Property History for 11/11 National Cct, Barton, ACT 2600
- 15 Nov 2023Sold for $1,700,000
- 13 Apr 2023Listed for Sale Offers over $2,100,000
- 09 Nov 2022Listed for Rent $137,280 / year
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0About Barton 2600
The size of Barton is approximately 2.1 square kilometres. It has 14 parks covering nearly 21.5% of total area. The population of Barton in 2011 was 1,186 people. By 2016 the population was 1,449 showing a population growth of 22.2% in the area during that time. The predominant age group in Barton is 30-39 years. Households in Barton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barton work in a professional occupation. In 2011, 49.9% of the homes in Barton were owner-occupied compared with 46.1% in 2016.
Barton has 1,449 properties. Over the last 5 years, Houses in Barton have seen a 62.41% increase in median value, while Units have seen a 21.72% increase. As at 31 August 2024:
- The median value for Houses in Barton is $2,222,894 while the median value for Units is $649,359.
- Houses have a median rent of $650 while Units have a median rent of $610.
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