Prime Repositioning Opportunity - Belconnen

SOLD

23 Lathlain Street

Belconnen ACT 2617

Retail

FOR SALE

1566m2

FOR SALE BY AUCTION

23 Lathlain Street is a multi tenanted building housing a variety of private sector organisations and retail outlets including H&R Block, a Ski Shop outlet and Capital Collection Service as well as a number of other tenants.

To be offered for sale by Public Auction to be held at 10.00am on 23 November 2010 at the offices of Jones Lang LaSalle Canberra.

Key features of 23 Lathlain Street are
* Prominent corner location in Belconnen Town Centre
* Expansive street frontage to Lathlain Street
* Multi-tenanted building
* Value add opportunity
* Site area approximately 1,566 sqm
* CZ3 Services Zone

The improvements to the site comprise a two storey retail/commercial building that was originally constructed in the mid 1970's. The building is designed with ground floor retail showrooms fronting onto Lathlain Street and Weedon Close. The first floor comprises professional office suites off a perimeter corridor.

The site enjoys a prominent position on the intersection of Lathlain Street, Weedon Close and Chan Street. Lathlain Street is a feeder to the Belconnen Town Centre and Westfield Belconnen regional shopping centre.

Centrally located to all amenities, 23 Lathlain Street benefits from its proximity to the Belconnen Bus Interchange and many eating and recreational facilities. The building is also well serviced by nearby amenities including child care facilities, fitness centres and is a leisurely stroll away from Lake Ginninderra.