FOR SALE
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C10/220 Melrose Drive
Phillip ACT 2606

Bedrooms: -
Bathrooms: -
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Floor area: 222m2
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The Final "For Sale" Unit In WOVA

Raine & Horne Commercial are pleased to present Unit C10, 220 Melrose Drive, Phillip (located in the recently completed WOVA development).
Place yourself at the heart of a landmark revival. Discover a vibrant urban village in Canberra. A place for the people. WOVA's lively ground floor plaza mixes global ambition with local spirit to create a new destination for Woden. Across the city or just around the corner. WOVA puts you in the geographic heart of Canberra, where everything - and everywhere - sits within easy reach. Rapidly-expanding transport connections put extensive cycle, bus and road networks just moments from your door. Sat below a captive audience of 802 residential apartments and further anchored by a 54-room hotel, the 22 commercial units will enjoy access to exclusive amenities including stunning lap pool, fitness studio and gym, coworking space, cinema, entertaining areas such as kitchen, lounge and dining facilities, and beautiful rooftop terrace Final commercial opportunity now available, prominently located 222 sqm unit with expansive frontage to the corner of Launceston Street and Melrose Drive.
The Unit featues include;
• 3x toilets
• Greasetrap provisions
• Wide frontage which allows for fantastic signage opportunity
• Cold-Shell ready for fitout
For further information of to arrange an inspection, please contact Raine & Horne Commercial.

Property Details for C10/220 Melrose Dr, Phillip

Building Type
Commercial
Floor Size
222m2

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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,494 properties. Over the last 5 years, Houses in Phillip have seen a 52.35% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Phillip is $628,086 while the median value for Units is $505,142.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 63 properties listed for sale, and 20 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Phillip.

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Cody Edwards
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Mark Nicholls
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Raine & Horne Commercial Canberra
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