Woden town centre building sold for $4.4 million for use as a medical centre

Katherine JimenezSeptember 10, 2013

The Woden town centre building in Canberra's CBD has been purchased by the Woden Specialist Medical Centre for $4.4 million.

The property (pictured below), at 90 Corinna Street, has a net little area of about 1,830 square metres and is 70% vacant.

woden-sept-11-two

Centrelink is the major tenant in the three-storey building, occupying 30%.

Selling agent Ray White Commercial Canberra Director, Andrew Smith said the new owners intended to refurbish the vacant first and second floors of the building and reposition them as a medical centre.

Eblana Pty Ltd was the vendor.

Editor's Picks

Capri prepares to welcome residents to resort-style villa community on Isle of Capri
Buyers take advantage of WA stamp duty concessions as Incontro Subiaco apartments near 50% sold
Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale
A "passion project" not to be repeated: Inside DJ Fisher's Pescado Palm Beach with Jayde Pezet
Why Danby Lane in Nundah is more than just a project for Gardner Vaughan Group: Five minutes with Sam Gardner