16-18 Mort Street is an A-Grade office building strategically located in the heart of the Canberra CBD, with immediate access to retail amenity and in close proximity to light rail transport infrastructure.
The building underwent significant refurbishment in 2013 and features a 5-star NABERS Energy rating and 4.5 star NABERS Water rating. The property is predominantly leased to ASX-listed Telstra Corporation Limited (Telstra), a leading telecommunications provider and one of Australia’s largest companies. Telstra occupies 100% of the office component of the building, in addition to three separate ground floor retail tenancies.
Lease Expiry Profile
Key tenant table:
Tenant | NLA (sqm) | NLA (%) | Expiry (date) | Review |
Telstra | 13,662 | 97% | Aug-25 | 3.75% |
Fund Ownership | 100% CLW | |
Title | Leasehold | |
Location | Canberra | |
Grade | A | |
Occupancy | 100% | |
Total NLA | 14,155sqm | |
Car Spaces | 150 | |
Year Built | Refurbished 2013 |