OFF MARKET

16 Torrens Place
Torrens ACT 2607

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 82m2
Land area: 117m2
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Property Details for 16 Torrens Pl, Torrens

Building Type
Commercial
Floor Size
82m2
Land Size
117m2
Local Government
Woden Valley
Lot/Plan
TORRENS: Block 10, Section 23

Last Listing description (May 2023)

Part of a local suburban shopping complex, this prime opportunity is located in the prestigious suburb of Torrens, some 3km from Woden's major Shopping Centre, Westfield, and approximately 15km from the Canberra CBD. Torrens is easily accessible via Athllon Drive and is classified as one of Canberra's most desirable suburbs to live due to its central location and proximity to all regions of Canberra.

Available now is a single unit of 82sqm (approx.). The property is self-contained with its own amenities, rear access and excellent car parking at the front door. This is a prime opportunity to STOP paying rent and START building your own commercial property portfolio.


A big plus..this is a single titled unit and NOT part of a body corporate arrangement.

We have priced to sell at $299,000 plus GST.

Property History for 16 Torrens Pl, Torrens, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$254,500
30 May 2017
  • 30 May 2017
    Sold for $254,500
  • 23 Jun 2015
    Listed for Sale $299,000 + GST
  • 24 Apr 2008
    Sold for $225,000
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About Torrens 2607

The size of Torrens is approximately 1.3 square kilometres. It has 5 parks covering nearly 6.5% of total area. The population of Torrens in 2011 was 2,282 people. By 2016 the population was 2,201 showing a population decline of 3.5% in the area during that time. The predominant age group in Torrens is 40-49 years. Households in Torrens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrens work in a professional occupation. In 2011, 71.4% of the homes in Torrens were owner-occupied compared with 72% in 2016.

Torrens has 984 properties. Over the last 5 years, Houses in Torrens have seen a 47.38% increase in median value, while Units have seen a 59.99% increase. As at 31 October 2024:

  • The median value for Houses in Torrens is $1,046,305 while the median value for Units is $758,550.
  • Houses have a median rent of $693 while Units have a median rent of $575.
There are currently 4 properties listed for sale, and 1 property listed for rent in Torrens on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Torrens.

Suburb Insights for Torrens 2607

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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.