FOR SALE
By Negotiation

R08/1 Grazier Lane
Belconnen ACT 2617

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 60m2
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Hight Society Small Commercial Unit For Sale

Commercial tenancy for sale in the High Society building at Republic development Belconnen.
Located close to Belconnen town centre, High Society / Republic development is Canberra largest mixed-use development. This 60sqm internal ground floor commercial unit features the following.
• High ceiling
• Good security
• 1 secure basement car parking space
• Access to common amenities
• 60 sqm of floor space
• Usage includes shop / bar / restaurant / office / indoor recreation/ Community use
The precinct is well exposed on the busy Eastern Valley Way which provides great accessibility with bus stations and on-site secure parking. The site includes 6,000sqm of commercial offices, supermarket, retail shops, services such as banks, the Abode hotel with 135 rooms, F&B outlets and approx. 1,200 on-site residential apartments.
The precinct is only 2min drive to Westfield Belconnen, 3min drive to University Canberra, 13min drive to Canberra Centre and 17 min drive to Canberra Airport.

Property Details for R08/1 Grazier Lane, Belconnen

Building Type
Commercial
Floor Size
60m2

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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 5,929 properties. Over the last 5 years, Houses in Belconnen have seen a 12.34% increase in median value, while Units have seen a 31.83% increase. As at 30 September 2024:

  • The median value for Houses in Belconnen is $500,027 while the median value for Units is $495,482.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 62 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Belconnen.

Suburb Insights for Belconnen 2617

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Steven Shang
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RWC Canberra
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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.