7/40 Blackall Street, Barton, ACT 2600 | Property Value & History | OnTheHouse
OFF MARKET

7/40 Blackall Street
Barton ACT 2600

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3625m2
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Property Details for 7/40 Blackall St, Barton

Building Type
Commercial
Land Size
3625m2
Local Government
Canberra Central
Lot/Plan
BARTON: Block 8, Section 9, Unit 7

Last Listing description (August 2023)

Unit 7 of 40 Blackall Street, Barton presents both owner occupiers and investors with a rare opportunity to acquire an office investment in the heart of the Parliamentary Triangle. The property is being offered up for Sale - vacant possession by way of Private Treaty.

40 Blackall Street is situated in a tightly held location enjoyed by owner occupiers and tenants seeking proximity to Parliament House, key Government decision makers and the amenities offered within Canberra's Inner South. The building is positioned on a large site fronting Blackall Street and adjacent to the Governor Place precinct which provides a high level of surrounding amenities and car parking for visiting clientele.


The building is currently undergoing a significant refurbishment program which includes painting the entire external facade, new building signage, boxing out the entry columns, and the under-croft ceiling at the entry point of the building to be replaced with a modern wooden slated finish.

Unit 7 is 492sqm in size and is positioned on the top floor of the multi-storey strata building, which boasts views back towards Lake Burley Griffin.

The tenancy is being offered up for Sale on a vacant possession basis and will include the existing bioethics presents in great condition. The fitout consists of a reception desk, boardroom for 12 people, 2 meeting rooms, kitchenette, 13 offices, 13 open plan work stations, 2 balconies and internal bathrooms.

Other features include an abundant of natural light, and generous car parking allocation of 13 bays on title. The fit out has benefited from recent refurbishments which include a brand new A/System installed in 2021, bathrooms renovated in 2018 and a new kitchen fit out in 2017.

Unit 7 presents purchasers with an asset which requires limited capital expenditure in the near term and an opportunity to acquire an office space in an unrivalled inner south location.

Please contact Tristan Cotchett from CBRE for further information.

Property History for 7/40 Blackall St, Barton, ACT 2600

A timeline of how this property has performed in the market
Last Sold
$3,155,000
04 Jul 2023
  • 04 Jul 2023
    Sold for $3,155,000
  • 12 Dec 2022
    Listed for Sale Contact Agent
  • 19 Apr 2011
    Sold for $2,135,000
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About Barton 2600

The size of Barton is approximately 2.1 square kilometres. It has 14 parks covering nearly 21.5% of total area. The population of Barton in 2016 was 1439 people. By 2021 the population was 1946 showing a population growth of 35.2% in the area during that time. The predominant age group in Barton is 30-39 years. Households in Barton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barton work in a professional occupation.In 2021, 51.60% of the homes in Barton were owner-occupied compared with 46.10% in 2016.

Barton has 1,453 properties. Over the last 5 years, Houses in Barton have seen a 6.60% increase in median value, while Units have seen a 1.24% increase. As at 31 December 2025:

  • The median value for Houses in Barton is $5,717,343 while the median value for Units is $593,453.
  • Houses have a median rent of $590 while Units have a median rent of $650.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Barton on OnTheHouse. According to Cotality's data, 59 properties were sold in the past 12 months in Barton.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.