FOR SALE
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5/68 Emu Bank
Belconnen ACT 2617

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Retail Leasing Opportunity in the heart of Belconnen

Raine & Horne Commercial are pleased to offer Part Unit 5/68-70 Emu Bank, Belconnen for lease / sale.
Located in the vibrant heart of Belconnen, the property is just 6kms from Canberra's CBD and contains four individual ground floor retail shops providing excellent redundancy in rental streams. The property is located on the bank of Lake Ginninderra and benefits from this strategic position, the lakeside is popular with lunch goers and university students alike, there is a walk way bridge from the university dormitories that lands students right in-front of the Crust Pizza tenancy as they cross the lake.
Unit 5 is configured into 3 separate tenancies, as follows:
• Tenancy 1 - 170sqm (Wax Monkey due to vacate shortly)
• Tenancy 2 - 84sqm (Backbone BMX due to vacate shortly)
• Tenancy 3 - 124 sqm (Leased to Crust Pizza)
This provides an opportunity to lease either Tenancy 1 (170sqm), tenancy 2 (84sqm) or Tenancies 1&2 combined (254sqm).
This versatile ground-floor space is suitable for a variety of businesses, including retail shops, professional services, or a cafe/restaurants. The unit boasts a flexible layout allowing for a customized fitout tailored to the specific needs of your business. Additional amenities include ample public parking spaces available for both staff and visitors, adding further appeal to this desirable location.
Strategically positioned with street frontage in a high-traffic area, the property benefits from excellent visibility and accessibility. It is located near major commercial establishments, residential areas, and just minutes away from public transport options, providing easy access for both staff and clients.
For further information or to arrange an inspection, please contact Raine & Horne Commercial Canberra.

Property Details for 5/68 Emu Bank, Belconnen

Building Type
Commercial

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About Belconnen 2617

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 5,976 properties. Over the last 5 years, Houses in Belconnen have seen a 4.09% increase in median value, while Units have seen a 28.21% increase. As at 31 October 2024:

  • The median value for Houses in Belconnen is $473,026 while the median value for Units is $491,942.
  • Houses have a median rent of $550 while Units have a median rent of $543.
There are currently 74 properties listed for sale, and 48 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Belconnen.

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Cody Edwards
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