FOR RENT
$12,000 pa plus GST

3/20 Garema Place
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 18m2
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Central CBD Office/Storage

Located in the heart of the Canberra CBD, this small first floor office provides an address point for professional organisations looking to be close to the surrounding client base and/or a subsidiary office or storage space for an existing retail business in close proximity.
Key Features:
• Unit 3 - 18.8 sqm approx.
• Open work area
• High bay windows bring in natural light
• Close to Canberra Centre and all surrounding amenity.
Would also suit some professional services users.

Property Details for 3/20 Garema Pl, City

Building Type
Commercial
Floor Size
18m2

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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,283 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in City.

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Daniel Mcgrath
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RWC Canberra
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