Prime Corner Investment with Future Development Potential
Retail - O'CONNOR 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 sits in a prominent position within one of Canberra’s established neighbourhood retail precincts. O’Connor shops 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 tenants on the ground floor; Capital Chemist and Australia Post, providing a strong foundation for the investment. Additional office space 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.
Key Features:
• Prominent corner position within the established O’Connor Shops
• Block size: 408m2 block
• NLA: 351m2
• Approximately 90% leased (based on NLA)
• (Fully Leased) Net income: c. $244,448 per annum
• Outgoings: c. $90,484 per annum
• Anchored by Capital Chemist and Australia Post
• CZ4: Local Centre Zoning
• Potential to increase NLA through redevelopment, subject to approval
• Surrounded by retail, hospitality and professional services
9 Sargood Street is offered for sale by Expressions of Interest, closing Wednesday, 2 December 2026. For further information or to arrange an inspection, please contact Dania Khalil on 0406 375 946, or dania.khalil@civium.com.au
Contact agent
Dania Khalil
Director – Commercial Sales & Leasing
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