OFF MARKET

1 Launceston Street
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 10194m2
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Last updated 11 Nov 2024
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Property Details for 1 Launceston St, Phillip

Building Type
Commercial
Year Built
2024
Floor Size
68m2
Land Size
10194m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 17, Section 3

Last Listing description (November 2024)

Located at the bustling corner of Launceston St and Furzer St, this brand-new retail tenancy offers unparalleled exposure and convenience. The high ceilings create an open and inviting atmosphere, perfect for a variety of uses.

Wova is the newest mix-used development in the Woden area combining high density living, professional office, hotel and retail.

This tenancy is suitable for:

Health facility
Community use
Office space
Retail store
Restaurant

Features:
165sqm internal space
1 basement car park, 1 storage cage.
3 onsite toilets
High ceiling
Exceptional exposure and visibility
Prime corner location with high foot traffic
Easy access to public transportation
Proximity to residential and commercial areas

Property History for 1 Launceston St, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$16,000,000
23 Aug 2017
Listed for Rent
$460/w
08 Oct 2024
  • 03 Sep 2024
    Listed for Rent $460 / week
  • 30 Jul 2021
    Listed for Sale CONTACT AGENT
  • 29 May 2018
    Listed for Sale $800,000+
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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 64 properties listed for sale, and 20 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 200 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.