FOR RENT
POA

Shop 20/131 London Circuit
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 203m2
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Fully Fitted Out Restaurant

Located in the heart of the Canberra CBD, Bailey's Corner is known for its history and contribution to the Canberra food and retail scene.
This fully fitted out restaurant is available now and provides a turn key opportunity to an experienced operator, with a fully functioning kitchen (including a wood fired pizza oven), bar, internal bathroom facilities and all existing fitout and furniture.
Price and terms are negotiable for the right operator.

Property Details for Shop 20/131 London Cct, City

Building Type
Commercial
Floor Size
203m2

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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 3,288 properties. Over the last 5 years, Houses in City have seen a -2.25% decrease in median value, while Units have seen a 14.79% increase. As at 30 September 2024:

  • The median value for Houses in City is $677,336 while the median value for Units is $577,166.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 40 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

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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.