OFF MARKET

1/82 Parramatta Street
Phillip ACT 2606

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 1/82 Parramatta St, Phillip

Building Type
Commercial
Local Government
Woden Valley

Last Listing description (August 2023)

82 Parramatta Street is prominently located on the intersection with Athllon Drive, a major arterial road connecting the Woden Town Centre with Tuggeranong. This location is easy for your customers to identify and find.

The Phillip commercial precinct has never seen a product like this before - welcome to Rickerby Square!

Sentia is offering the remaining 4, modern and character-filled commercial tenancies on the upper ground floor of this quality development.

- Suite 1: 158sqm (available)
- Suite 2: LEASED - Dumpling House
- Suite 3: LEASED - Ground Break Studio
- Suite 4: LEASED - Business Innovations - Chartered Accountants
- Suite 5: 162sqm (available)
- Suite 6: 164sqm (available)
- Suite 7: 563sqm (available)
- Suite 8: LEASED - HD Fitness
- Suite 9: LEASED - Salon Reina
- Suite 10: LEASED - Weft & Warp

With a broad purpose clause, a multitude of uses can be considered, including:
* Medical
* Shop
* Office space
* Indoor recreation
* Light industry
* Plant & equipment hire
* Vehicle sales
* Veterinary hospital
* Club

Unit 1 has access to the common grease trap and would be suitable for a quality cafe/hospitality operator, who will be able to capitalise on all the surrounding businesses.

The mezzanine's are all structurally engineered to be able to accommodate weight from uses such as gym and even automotive.

82 Parramatta Street Phillip in the ACT is also anchored by well known businesses Waves Carwash, 7-Eleven and Oporto, all on the lower ground floor driving volumes of car traffic to the property.

Contact the team at Sentia today to arrange an inspection or get further information.

Property History for 1/82 Parramatta St, Phillip, ACT 2606

A timeline of how this property has performed in the market
Listed for Rent
$62k/w
08 Aug 2023
  • 28 Jun 2023
    Listed for Rent $62,400 / month
  • 16 Mar 2022
    Listed for Rent $62,400 / month

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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,494 properties. Over the last 5 years, Houses in Phillip have seen a 52.35% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Phillip is $628,086 while the median value for Units is $505,142.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 62 properties listed for sale, and 22 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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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.