OFF MARKET

5/40 Blackall Street
Barton ACT 2600

Bedrooms: -
Bathrooms: -
Car spaces: 19
Land area: 3625m2
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Property Details for 5/40 Blackall St, Barton

Building Type
Commercial
Land Size
3625m2
Local Government
Canberra Central
Lot/Plan
BARTON: Block 8, Section 9, Unit 5

Last Listing description (August 2022)

40 Blackall Street is situated within the Barton precinct home to various Government departments and private sector agencies. The building is surrounded by an abundance of amenity including food and beverage offerings, gyms, childcare centre and only a short walk to Lake Burley Griffin. All day parking options are available close by to the building as well as generous visitor parking and public transport.

Unit 5 is situated on the second floor offering 701sqm of office accommodation that can be subdivided from200sqm. Major reburbishment works undertaken include:

- New ceiling including T-bars and Tiles
- New LED light fittings
- New carpet planks
- New smoke detectors, emergency lighting and EXIT lighting
- HVAC upgrade including high efficiency air conditioning registers, reconditioned cooling towers, replacement of standby pumps to chilled water loop and new packed units.
- Male & Female bathroom refurbishment (to be completed mid 2018)

The unit is wrapped with windows allowing an abundance of natural light and outlooks over the treetops of Barton. The building offers end of trip facilities including showers and bike storage.

Approved upcoming building upgrades include;
- Upgrade to entrance forecourt
- Entrance lobby
- Lift upgrades
- Building facade upgrade

This is an excellent opportunity for a range of users to lease or buy a commercial unit in the heart of the Barton precinct.

For further information or to arrange an inspection please contact CBRE

*Approx.

Property History for 5/40 Blackall St, Barton, ACT 2600

A timeline of how this property has performed in the market
Last Sold
$2,760,000
02 Jul 2007
Listed for Rent
$97/w
02 Mar 2020
  • 21 Oct 2019
    Listed for Rent - Price not available
  • 26 Jul 2019
    Listed for Sale Not Disclosed
  • 26 Jul 2019
    Listed for Rent - Price not available
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About 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 1,429 properties. Over the last 5 years, Houses in Barton have seen a 63.84% increase in median value, while Units have seen a 31.11% increase. As at 30 September 2024:

  • The median value for Houses in Barton is $4,653,427 while the median value for Units is $701,441.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 8 properties listed for sale, and 8 properties listed for rent in Barton on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Barton.

Suburb Insights for Barton 2600

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.