FOR RENT
$550 per sqm pa + GST

Shop 1/28 University Avenue
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 194m2
Land area: 1m2
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City West Retail Showroom / Retail / Office tenancy

This tenancy situated on the ground floor corner of University Avenue and Marcus Clarkes St, in a 4,000 sqm office building located on a prominent City West corner. This 194 sqm retail premise would be suitable for a variety of professional service, Medical, Showroom or retail users.
This tenancy offers dual glass frontage to both University Avenue and Darwin Place, excellent natural light and air conditioning. Tenancy is close to ANU and city west car park.

Property Details for Shop 1/28 University Ave, City

Building Type
Commercial
Floor Size
194m2
Land Size
1m2

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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 3,282 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 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

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Steven Shang
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Daniel Mcgrath
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RWC Canberra
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.