16 Petrie PlazaCity ACT 2601
Property Details for 16 Petrie Plza, City
Last Listing description (November 2022)
16 Petrie Plaza is a boutique, mixed-use office and retail building. The building offers a large 543m2, open and expansive tenancy with a mezzanine level above.
This prime retail frontage is in the heart of Canberra City, next to The Canberra Labor Club and less than 100 metres from the Canberra Centre.
A wide choice of shops, cafes and restaurants, major banks and other amenities are only a stone's throw away. Substantial parking located nearby enables easy access for tenants and customers alike
Short-term leases offered.
For more information, photos or to arrange a private viewing contact Armin on 0423 319 397.
Property History for 16 Petrie Plza, City, ACT 2601
- 05 Apr 2024Sold for $627,000
- 19 May 2020Listed for Rent - Price not available
- 20 Jul 1992Sold for $1,675,000
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0About 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.
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