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Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601

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Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601
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Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601

Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601

Properties / Sold / Australian Capital Territory / Canberra
Development Approved

1. Property Summary

Property Type
Commercial
Sub Type
Hotel Sites, Office, Retail/Shopping Centre
Land Area
1,503 sqm (*approx)
Selling Method
Expressions of Interest: Expressions of Interest
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2. Property Highlights

The best hotel development opportunity in the heart of Canberra's CBD
  • 1,503sqm total site area
  • Situated in the heart of Canberra CBD
  • DA approved luxury hotel and more

Garema Place presents the most exciting opportunity to acquire a significant landholding in the tightly-held Canberra CBD with development approval already in place. Located in the heart of Civic, Garema Place (70 Bunda St and 47 Garema Place) is set to become the next destination in Civic - DA approved for a 203-key luxury hotel underpinned by office, retail, and dining offerings.

Key investment highlights include:

- 1,503sqm total site area

- Zoned CZ1 (Core Zone)

- Multiple frontages to Bunda Street, Garema Place, and Garema Laneway

- DA approved for:

203 luxury hotel rooms averaging 32sqm

3,071sqm of premium office GFA

3 basements with 91 car spaces

Synergistic retail, dining and entertainment offerings and more.

Please contact the exclusive agents below for further information.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

1. Property Summary

Property Type
Commercial
Sub-type
Hotel Sites, Office, Retail/Shopping Centre
Land Area
1,503 sqm (*approx)
Selling method
Expressions of Interest: Expressions of Interest

2. Property Highlights

The best hotel development opportunity in the heart of Canberra's CBD
  • 1,503sqm total site area
  • Situated in the heart of Canberra CBD
  • DA approved luxury hotel and more

Garema Place presents the most exciting opportunity to acquire a significant landholding in the tightly-held Canberra CBD with development approval already in place. Located in the heart of Civic, Garema Place (70 Bunda St and 47 Garema Place) is set to become the next destination in Civic - DA approved for a 203-key luxury hotel underpinned by office, retail, and dining offerings.

Key investment highlights include:

- 1,503sqm total site area

- Zoned CZ1 (Core Zone)

- Multiple frontages to Bunda Street, Garema Place, and Garema Laneway

- DA approved for:

203 luxury hotel rooms averaging 32sqm

3,071sqm of premium office GFA

3 basements with 91 car spaces

Synergistic retail, dining and entertainment offerings and more.

Please contact the exclusive agents below for further information.

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Download Development Site Report

3. Property Location

Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601

Property Map
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4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
Garema Place, 70 - 86 Bunda Street, Canberra, ACT 2601 Canberra
JLL - Sydney
JLL - Sydney
level 27, 180, George Street, Sydney, City of Sydney, New South Wales, Australia, 2000
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