Under the direction of leading Canberra development group, Crafted, the 1962 office building at 8-10 Hobart Place, Canberra City, has been transformed into one of Canberra’s newest icons.
Featuring a striking LED façade which is computer controlled, is capable of up to 16 million different colours, and runs multiple programs throughout the night, changing with the seasons and for special events or days – Neon House has come to life.
Designed by graphic artist Paul Wallace, founder of boutique studio, PEOW-PEOW, the building also features new internals to match its façade, including new lobbies, bathrooms and more.
An unbelievable investment. An unbeatable location.
• Further your business or investment potential.
• Save thousands by buying not renting or make almost 8% net return as an investor!
• Strata suites of all sizes selling now.
In the years to come Neon House will be one of Canberra’s most recognizable icons.
It currently presents an amazing opportunity for businesses and investors alike. Located in Canberra’s premier business and legal district, Neon House is minutes walk from all necessary amenity, including the ANU, Law Courts, and the Canberra GPO as well as being surrounded by cafés restaurants and shops, all of this with an eye catching and unmissable name and façade.
Your business or investment will have iconic, light filled premises, with already a strong tenancy profile including leading Australian and multi-national firms, and Government bodies. Investors can expect almost 8% net returns compared with a standard 3% for residential investment.
This amazing opportunity will not be repeated and is being offered well below market value.
Contact our agents for further details.
0409 600 471 [email protected]
0433 474 747 [email protected]
Neon House is being sold at below-market prices, despite the quality of its offering. This coupled with record low interest rates enables mortgage repayments, which are far less than paying rent. Suites of between 80m2 and 800m2 are available to suit your needs.
For investors, rather than buy a residential property which may return around 3% net return p.a., Neon House offers net returns of almost 8% net of costs including body corporate fees, rates and the like.
Some of these suites are less than half a million dollars (the same price as a small apartment),
This is a unique opportunity.