SOLD
Sold on 21 Dec 2023 for $50,000,000

12 Moore Street
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1990m2
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Property Details for 12 Moore St, City

Building Type
Commercial
Land Size
1990m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 22

Last Listing description (October 2023)

Discover the everyday advantage at 12 Moore Street, a location designed for convenience and activity.

We invite occupiers to be a small part of a greater whole, an opportunity to access all the amenity of a premier office tower whilst occupying an efficient footprint. Offering the convenience of high quality suites available to occupy now, cleverly and practically designed, in a range of shapes and sizes.

Part Level 1 | 527m - fully fitted out, with reception area, multiple meeting rooms, board room, offices, substantial breakout and 36 open plan workstations (Available Now).

Part Level 8 | 250m - Enjoy the views of Parliament House and Black Mountain Tower in this newly refurbished tenancy, currently presented as a warm shell (Available Now)

Positioned firmly in the heart of the CBD, occupying a landmark corner position at the intersection of Moore and Rudd Street. With unrivalled access to nearby amenities, a variety of retail offerings and public transport infrastructure.

The asset underwent a significant refurbishment in 2021 to reposition the ground floor entry and lobby, including construction of a common, bookable ground floor meeting room. The refurbishment also included upgrades to the end of trip facilities, on-floor lobbies and amenities.

This prominent CBD office tower provides a dynamic combination of ground-floor retail, office space and an abundance of basement car parking. The courtyard at the rear is home to one of the cities hidden secrets, Marvie & Wolfe Caf, taking care of the caffeine cravings of the thousands of nearby office workers.

Proudly managed by Dexus, one of Australia's leading fully integrated real asset groups, managing a high-quality Australasian real estate and infrastructure portfolio.

For more information, or to discuss available suite options at 12 Moore Street, contact Colliers today.

Property History for 12 Moore St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$50,000,000
21 Dec 2023
Listed for Rent
$450/w
16 Oct 2023
  • 21 Dec 2023
    Sold for $50,000,000
  • 25 Apr 2015
    Listed for Rent - Price not available
  • 09 Aug 2004
    Sold for $41,250,000

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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,282 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 45 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

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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.