FOR RENT
POA

2/14 Glassey Place
Spence ACT 2615

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 68m2
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Spence Retail Shop

POA
Uniquely placed in the growing, vibrant and thriving established suburb of Spence, Canberra's North, surrounded by quality retailers including a supermarket, 7-Eleven Petrol Station, pharmacy, hairdressers and bakery. This unique property presents a rare opportunity for a long term tenant looking to establish or grow their business, with a butcher being located at the Spence Local Shopping Centre for over the last 40 years.
The tenancy, for which a butcher has been in place at Spence for the over last 40 years, in a sought-after location offers tremendous business opportunities.
Features include:
- 68m2 floor area
- Prime location - Street Frontage with Full Glass Shop Front
- Significant "free" parking, including parking directly outside the premises
- Rear access and tenant parking
- Amenities onsite
- Family friendly and supportive business environment
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Property Details for 2/14 Glassey Pl, Spence

Building Type
Commercial
Floor Size
68m2

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About Spence 2615

The size of Spence is approximately 1.5 square kilometres. It has 11 parks covering nearly 17.3% of total area. The population of Spence in 2011 was 2,559 people. By 2016 the population was 2,585 showing a population growth of 1.0% in the area during that time. The predominant age group in Spence is 30-39 years. Households in Spence are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spence work in a professional occupation. In 2011, 78.3% of the homes in Spence were owner-occupied compared with 76.9% in 2016.

Spence has 1,037 properties. Over the last 5 years, Houses in Spence have seen a 45.13% increase in median value, while Units have seen a 47.15% increase. As at 31 October 2024:

  • The median value for Houses in Spence is $814,383 while the median value for Units is $561,699.
  • Houses have a median rent of $588.
There are currently 1 property listed for sale, and 4 properties listed for rent in Spence on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Spence.

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Daniel Mcgrath
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RWC Canberra
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