Endeavour House, 1 Franklin Street, Griffith provides purchasers with one of the ACT's most recognisable office investment opportunities. Positioned on a landmark corner site of 1,011m with triple-street frontage, the asset enjoys a superb blue-ribbon location surrounded by numerous amenities as well as providing potential for future revenue opportunities^.
Situated next to the centre of Manuka village in Griffith, the building's prominence is guaranteed. Overlooking Manuka Oval, and closely positioned to the Parliamentary precinct (the ACT's tightest leasing market), the location supports a work/life balance and the on-going demand for high quality commercial and retail space. The recently added mural is a landmark for both the local community and for thousands of daily commuters, giving the property a strong identity and a sense of purpose that contributes to the area.
Developed in the 1960's, the ~2,700m office asset has seen design and environmental upgrades and is occupied by a variety of government funded and national anchor tenants. The current short-term WALE and diversified tenancy mix provides purchasers with immediate value-enhancing prospects, as well as possible redevelopment scenarios^.
^Subject to approvals
The size of Griffith is approximately 2.8 square kilometres. There are 19 parks, covering nearly 18.3% of the total area. The population of Griffith in 2016 was 4575 people. By 2021 the population was 5328 showing a population growth of 16.5% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation.In 2021, 57.20% of the homes in Griffith were owner-occupied compared with 53.00% in 2016.
Griffith has 3,844 properties. Over the last 5 years, Houses in Griffith have seen a 15.74% increase in median value, while Units have seen a 17.11% increase. As at 30 June 2026:
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