10-12 Glassey PlaceSpence ACT 2615
Property Details for 10-12 Glassey Pl, Spence
Last Listing description (October 2023)
Set in a thriving established suburb of Spence in Canberra's North, surrounded by quality retailers consisting of pharmacy, butcher, hairdressers, bakery and a 7-Eleven Petrol Station. This unique tenanted investment presents a rare opportunity, going to market for the first time in 38 years!
The Spence Grocer is a recently refurbished supermarket with 30 years of experience in the trade featuring a vibrant caf with a sought-after following.
Features include:
- 539m2 floor area
- Prime location
- Caf with internal seating
- Rear warehouse
- Office area
- Mezzanine storage
- Grease trap
Property History for 10-12 Glassey Pl, Spence, ACT 2615
- 14 Dec 2023Sold for $1,800,000
- 25 May 2023Listed for Sale Offers above $2,050,000
- 18 Apr 2014Transferred
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0About Spence 2615
The size of Spence is approximately 1.5 square kilometres. It has 11 parks covering nearly 17.3% of total area. The population of Spence in 2011 was 2,559 people. By 2016 the population was 2,585 showing a population growth of 1.0% in the area during that time. The predominant age group in Spence is 30-39 years. Households in Spence are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spence work in a professional occupation. In 2011, 78.3% of the homes in Spence were owner-occupied compared with 76.9% in 2016.
Spence has 1,037 properties. Over the last 5 years, Houses in Spence have seen a 45.13% increase in median value, while Units have seen a 47.15% increase. As at 31 October 2024:
- The median value for Houses in Spence is $814,383 while the median value for Units is $561,699.
- Houses have a median rent of $588.
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