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Sold on 01 Aug 2024 - Price Unavailable

4/40 Blackall Street
Barton ACT 2600

Bedrooms: -
Bathrooms: -
Car spaces: 18
Floor area: 688m2
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Property Details for 4/40 Blackall St, Barton

Building Type
Commercial
Floor Size
688m2

Last Listing description (August 2024)

This offer to investors and owner occupiers a premium opportunity to purchase high quality office space in the tightly held Barton office market. With views back to Capital Hill and Parliament House, this 688 sqm unit occupies half of Level 1 and includes internal amenities and a very usable fit-out, including a premium Manager's suite comprising a full ensuite.

Key Features:
• Refurbished common areas and modernisation of the external features of the building

• 18 car bays across basement and podium levels
• Short and long stay carparking in the immediate precinct
• Excellent surrounding amenity including the lake foreshore, food, accommodation, business services and retail all within close proximity.
• Currently tenanted until March 2025, so capitalise on the income and occupy or re-tenant upon expiry, on very favourable terms in the current market
• Great natural light, creating a well-being workspace
• Flexible floor plate, with various solutions available

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Property History for 4/40 Blackall St, Barton, ACT 2600

A timeline of how this property has performed in the market
Last Sold
01 Aug 2024
  • 16 Aug 2024
    Sold for $4,650,000
  • 06 May 2024
    Listed for Sale EOI Closing Thursday 6 June
  • 13 Dec 2019
    Sold for $1,499,840
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About Barton 2600

The size of Barton is approximately 2.1 square kilometres. It has 14 parks covering nearly 21.5% of total area. The population of Barton in 2011 was 1,186 people. By 2016 the population was 1,449 showing a population growth of 22.2% in the area during that time. The predominant age group in Barton is 30-39 years. Households in Barton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Barton work in a professional occupation. In 2011, 49.9% of the homes in Barton were owner-occupied compared with 46.1% in 2016.

Barton has 1,454 properties. Over the last 5 years, Houses in Barton have seen a 40.44% increase in median value, while Units have seen a 19.06% increase. As at 30 November 2024:

  • The median value for Houses in Barton is $1,378,074 while the median value for Units is $675,901.
  • Houses have a median rent of $600 while Units have a median rent of $620.
There are currently 5 properties listed for sale, and 9 properties listed for rent in Barton on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Barton.

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