7 Mort StreetCity ACT 2601
Property Details for 7 Mort St, City
Last Listing description (August 2023)
As exclusive selling agents, Knight Frank Australia & Colliers are proud to present to the market, 64 Northbourne Avenue, Canberra. Part of the Australian Unity Office Fund, 64 Northbourne Avenue, is for sale individually to investors looking for a fully leased & prominent investment in the heart of the Nation's Capital.
- Fully leased with 2.3-year WALE and value-enhancing opportunities
- 50% of income underpinned by the Commonwealth of Australia & Defence Force Recruiting
- One of Canberra's most high exposure corners
- Significant land parcel of 1,583 sqm with triple street frontage
- 4.5 Star NABERS Energy Rating
- Strategically surrounded by various Government Departments, private sector occupants and major infrastructure
A 100% Crown Leasehold is offered for sale via an International Expressions of Interest campaign closing Wednesday, 21 September 2022 at 4pm (AEST).
For further information, please contact the exclusive selling agents.
Knight Frank Australia
Joseph Rennie +61 431 040 132
Colliers
Matthew Winter +61 432 344 684
Paul Powderly +61 413 122 877
Note: All figures are approximate
Property History for 7 Mort St, City, ACT 2601
- 21 Aug 2024Sold for $22,000,000
- 05 Jun 2023Listed for Rent - Price not available
- 23 Aug 2022Listed for Sale Contact Agent
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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 3,331 properties. Over the last 5 years, Houses in City have seen a -26.66% decrease in median value, while Units have seen a 8.41% increase. As at 30 November 2024:
- The median value for Houses in City is $668,667 while the median value for Units is $561,789.
- Houses have a median rent of $640 while Units have a median rent of $650.
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