OFF MARKET

2/40-46 Corinna Street
Phillip ACT 2606

Bedrooms: -
Bathrooms: -
Car spaces: 17
Land area: 1966m2
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Property Details for 2/40-46 Corinna St, Phillip

Building Type
Commercial
Year Built
2014
Land Size
1966m2
Local Government
Woden Valley
Lot/Plan
PHILLIP: Block 19, Section 15, Unit 2

Last Listing description (July 2022)

Francis Chambers is a superbly located three level commercial building which has recently been significantly upgraded and strata titled. High quality units are available for Sale and Lease, with a variety of tenancy sizes ranging from 113 sqm to 1,111 sqm .

The building has just undergone significant upgrades which include:
* New toilets and showers

* New foyer
* Upgraded A/C
* Full repaint
* New ceilings
* Facade upgrade

Each tenancy is individually air conditioned and has allocated on site under cover secure car parking with high quality toilet facilities on each floor . Offering a wide range of allowable uses including; medical, professional suites, office, banks, cafe and heath centres.

Available for Sale or Lease as follows:


Unit 5 is 121.13 sqm - Vacant Unit 12 is 118.11 sqm - Vacant
Unit 6 is 174.03 sqm - Vacant Unit 14 is 118.76 sqm - vacant
Unit 7 is 119.40 sqm - Vacant

Unit 9 is 113.11 sqm- Vacant
Unit 10 is 246.85 sqm - Vacant
Unit 11 is 156.92 sqm - Tenanted

40 Corinna Street is conveniently and prominently located fronting Corinna Street and backing onto Melrose Drive, directly opposite Westfiled Woden. It is within easy walking distance to all facilities within the Woden Town Centre whilst also enjoying access to the Phillip Service Trades area

The Woden area services the Woden/Phillip, Tuggeranong, Weston and inner southern suburbs, providing a catchment of approximately 160,000 people. Located ten minutes drive from the CBD and Canberra Airport and five minutes drive from the Parliamentary Triangle. Woden houses Federal Government Departments including Health and Ageing, AIPO, ATSIC and Dept of Veterans Affairs.

For further information please contact Chris Farmer on 0417133071

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Property History for 2/40-46 Corinna St, Phillip, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$755,000
06 Jul 2018
Listed for Rent
14 Jul 2022
  • 01 Jul 2019
    Listed for Sale $480,000 - $1,300,000 and from $300 per sqm + GST
  • 01 Jul 2019
    Listed for Rent $350 / year
  • 15 Apr 2019
    Listed for Sale Not Disclosed
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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.

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