FOR RENT
Price On Application

Unit 1 & 2/240 City Walk
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 225m2
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Prime Retail Tenancy for Lease at 240 City Walk

Positioned directly opposite the bustling Canberra Centre, this prime retail space at 240 City Walk offers an exceptional opportunity for businesses looking to make their mark in the heart of Canberra. This 225 sqm retail tenancy boasts unparalleled exposure with a prominent full-glass frontage that captures the attention of both City Walk and Ainslie Place pedestrians.
Key Features:
High Visibility: Large, full-glass shopfront providing excellent exposure to high foot traffic.
Versatile Layout: Previously occupied by ANZ Bank, the current layout includes a meeting area, open workspace, and a back-of-house breakout area with additional storage space.
Prime Location: Surrounded by a vibrant mix of businesses including Quest Serviced Apartments, HSBC, government and private offices, as well as a wide array of restaurants, bars, and many premium retailers from the Canberra Centre.
Ideal for Retail Showroom: Perfect for showcasing your products in a highly visible, central location.
Signage Opportunities: Great options for branding and signage to enhance visibility.
This space is ideal for businesses seeking a premium location with a steady flow of potential customers right at their doorstep. Whether you are looking to establish a retail store, showroom, or another customer-facing business, this tenancy offers the flexibility and visibility needed to thrive.
Don't miss out on this rare opportunity to secure a prime retail space in Canberra's most sought-after location.

Property Details for Unit 1 & 2/240 City Walk, City

Building Type
Commercial
Floor Size
225m2

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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 3,313 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 39 properties listed for sale, and 37 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in City.

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Steven Shang
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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.