OFF MARKET

11/114 Emu Bank
Belconnen ACT 2617

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3531m2
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Property Details for 11/114 Emu Bank, Belconnen

Building Type
Commercial
Land Size
3531m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 80, Section 65, Unit 11

Last Listing description (October 2023)

Located just metres away from Westfield Belconnen, Emu Bank houses a number of services, acting as Belconnen's main dining strip. Nestled right on the shore of Lake Ginninderra, this is the perfect picturesque location for your business.

FOR LEASE:
114 Emu Bank is a large scale commercial complex comprising an exciting mix of retail, personal services, Restaurant and food operators. The property benefits from a beautiful out-look over Lake Ginninderra, perfectly captured by the open deck that wraps around the entire complex providing the possibility of outdoor seating/dining.

With huge glass shop fronts and a large decked area the boardwalk development in Belconnen takes full advantage of the views and walking path around the lake.

Now available for lease is a nicely presented Unit 11, which provides a commanding position over looking Lake Ginninderra. This currently has a hospitality fitout in place and offers a total area of 198m2.
- Ground floor 129m2
- Mezzanine 32m2
- Outdoor Rotunda 37m2

Features
* Seating areas on the ground floor, level 1 mezzanine and the outdoor rotunda.
* There is front bar with an open plan seating area
Bathrooms- Male, Female & Disabled.
Upstairs and downstairs dining area, upstairs approx. 50sqm, Downstairs approx. 113sqm
Beautiful out-look over lake Ginninderra
Large open, out-door deck, could be used for out-door seating
Central location with great passing trade
Will suit club, cultural facility, restaurant, tourist facility, shop, recreation

For further information please contact David Grimmond on 0406 376 697

Property History for 11/114 Emu Bank, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$879,000
24 Jan 2019
Listed for Rent
$1.52k/w
19 Apr 2023
  • 06 Dec 2022
    Listed for Rent $79,200 / year
  • 24 Jan 2019
    Sold for $879,000
  • 11 Aug 2018
    Listed for Sale Not Disclosed
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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 71 properties listed for sale, and 55 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Belconnen.

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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.