26 Thynne Street, Bruce, ACT 2617 | Property Value & History | OnTheHouse
 
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26 Thynne Street
Bruce ACT 2617

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Car spaces: 120
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Property Details for 26 Thynne St, Bruce

Building Type
Commercial
Local Government
Belconnen
Lot/Plan
BRUCE: Block 9, Section 34

Last Listing description (May 2023)

Diversified Land Rich Investment

JLL is pleased to present 26 Thynne Street, Bruce to the market for Sale by Private Treaty.

26 Thynne Street presents a compelling investment for a developer or investor to take advantage of this high-yielding secure investment on a large land holding with favourable zoning. 26 Thynne Street borders busy Haydon Drive and is situated on the fringe of Belconnen Town Centre, adjacent to the University of Canberra and within walking distance to Radford College, AIS Precinct and Calvary Hospital and just 7km to Canberra CBD. 26 Thynne Street deserves attention from investors, and developers seeking the following:

-Refurbished building with a building area of 3,596 sqm and NLA of 3,436sqm

-Large landholding of 9,074sqm in Bruce in close proximity to the University of Canberra, Radford College, AIS precinct and Calvary Hospital
-Diversified tenancy profile 100% leased to 5 tenants comprising a mix of Commonwealth Government, not for profit and private tenants
-Staggered lease expires, reducing any potential downtime
-Stand alone 3 storey building constructed in 1990
-33 secure undercroft parking spaces and a further 81 on-grade spaces available for tenants with an excellent ratio of approximately 1:30 making 26 Thynne Street a desirable location for tenants
-Favourable CZ5 Mixed Use Zoning under the ACT Territory Plan 2008
-Excellent 4.5-star NABERS Energy rating as well as 5-star Water rating

For further information and to arrange an inspection please contact JLL as the exclusive selling agents.

100% leased to and excellent mix of Commonwealth Government, not for profit and private tenants
3.13-year WALE by Income*
Boutique office accommodation totaling 3,436sqm of NLA
Large 9,074 land holding
Favourable CZ5 Mixed Use Zoning allowing for multiple uses under the Territory Plan
4.5-star NABERS Energy rating
Net Passing Income: $1,019,951pa + GST *
For Sale by Private Treaty
*As at 1 November 2022
10

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Property History for 26 Thynne St, Bruce, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$9,750,000
01 Nov 2006
  • 28 Sep 2022
    Listed for Sale For Sale by Private Treaty
  • 16 Oct 2019
    Listed for Rent - Price not available
  • 03 Aug 2017
    Listed for Rent - Price not available
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About Bruce 2617

The size of Bruce is approximately 6.6 square kilometres. It has 11 parks covering nearly 36.7% of total area. The population of Bruce in 2016 was 6997 people. By 2021 the population was 7520 showing a population growth of 7.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bruce work in a professional occupation.In 2021, 46.60% of the homes in Bruce were owner-occupied compared with 39.60% in 2016.

Bruce has 3,443 properties. Over the last 5 years, Houses in Bruce have seen a 23.95% increase in median value, while Units have seen a 29.70% increase. As at 30 November 2025:

  • The median value for Houses in Bruce is $1,093,194 while the median value for Units is $593,069.
  • Houses have a median rent of $628 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 14 properties listed for rent in Bruce on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Bruce.

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