9 Sargood Street, O'Connor, ACT 2602

PRIME CORNER INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL

9 Sargood Street, O’Connor, Canberra ACT

Positioned on a prominent corner within the established O’Connor Shops, 9 Sargood Street presents an outstanding opportunity to secure a commercial investment with strong fundamentals and future development potential.

Comprising a two-level commercial building with approximately 351m² of net lettable area (NLA) on a 408m² block, the property benefits from a strategic position within one of Canberra’s established neighbourhood retail precincts. The surrounding centre features a diverse mix of retail, hospitality and professional services, including O’Connor SupaExpress, The Duxton, Flatheads, Urban Jungle and the O’Connor Professional Centre.

The property is anchored by two established occupiers, Capital Chemist and Australia Post, providing a strong foundation for the investment. Additional office accommodation on the first floor further enhances the asset’s income-generating potential, with approximately 90% of the NLA currently leased.

With CZ4 zoning and potential to increase NLA through future redevelopment, subject to relevant approvals, the property offers investors an opportunity to acquire an established commercial asset with scope to explore its longer-term potential.

Offered for sale via Expressions of Interest, this is an opportunity to secure a strategically positioned commercial property in the heart of O’Connor.

KEY INVESTMENT HIGHLIGHTS

Prominent corner position within the established O’Connor Shops
Land area: 408m² approximately
Net lettable area: 351m² approximately across two levels
Current occupancy: Approximately 90% leased by NLA
Net income: Approximately $244,448 per annum when fully leased
Outgoings: Approximately $90,484 per annum
Established occupiers: Anchored by Capital Chemist and Australia Post
Zoning: CZ4
Future upside: Potential to increase NLA through redevelopment, subject to approval
Established retail precinct: Surrounded by retail, hospitality and professional services

For Sale by Expressions of Interest
Closing Wednesday, 2 December 2026

For further information or to arrange an inspection, please contact:

Dania Khalil
0406 375 946
dania.khalil@civium.com.au