OFF MARKET

5/222 City Walk
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 60m2
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Last updated 18 Nov 2024
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Property Details for 5/222 City Walk, City

5/222 City Walk, City is a bedroom, bathroom Unit with 1 parking spaces and was built in 1996. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
1996
Floor Size
60m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 16, Section 14, Unit 5

Last Listing description (May 2016)

Available for sale is this high profile strata unit located on the ground floor of the City Plaza mixed-use development at 222 City Walk. This retail unit in the City is for sale by vacant possession.
Unit 5 is 60sqm and gets great exposure being located across from the Canberra Centre. The property features a wide glass shop front which provides good natural light as well as great signage opportunities and exposure to the high volume of passing traffic along City Walk and Ainslie Place.
Formerly tenanted by Jazz Apple Caf , the property has a small amount of existing joinery and fitout which can be utilised by an incoming owner occupier or to help attract a new tenant.

Unit 5 has one dedicated basement car park.

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Property History for 5/222 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$511,500
01 Jul 2016
  • 01 Jul 2016
    Sold for $511,500
  • 25 May 2016
    Listed for Sale Not Disclosed
  • 01 Oct 1996
    Transferred
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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 3,283 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 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

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