FOR SALE
$1,325,000 ex GST

27/28 University Avenue
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 311m2
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Own a piece of prime Canberra: Your dream office awaits!

For Sale or Lease - this is your chance to move to Canberra's thriving City-West precinct! Unit 27. This stunning 311sqm fitted-out office on Level 6 of 28 University Avenue, is available for the first time in over 20 years.
Move in and start working instantly! This meticulously designed space boasts an impressive reception area, spacious boardroom and meeting room, private offices, an open-plan workspace, and a modern kitchenette- all fully equipped with high-speed internet, and ample storage. Impress your clients and empower your team with a professional and comfortable environment that reflects your success.
Location, location, location! This is more than just an office, it's a strategic hub. Enjoy exceptional accessibility with public transport, parking, restaurants, and cafes right at your doorstep. Located adjacent to leading businesses and government agencies in the City-West precinct, within walking distance of the law courts and ANU.
Highlights:
• Move-in ready: Fully fitted-out office with high-quality finishes
• Prime location: City-West precinct with exceptional accessibility
• Impress clients: Professional and comfortable work environment
• Limited opportunity: First time available in over 20 years
For Sale or Lease with flexible lease terms on offer! Or Lease now, buy later.
Enquire now to discuss your requirements.

Property Details for 27/28 University Ave, City

Building Type
Commercial
Floor Size
311m2

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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 3,286 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 44 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

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Daniel Mcgrath
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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.