OFF MARKET

2-6 Torrens Place
Torrens ACT 2607

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 380m2
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Property Details for 2-6 Torrens Pl, Torrens

Building Type
Commercial
Land Size
380m2
Local Government
Woden Valley
Lot/Plan
TORRENS: Block 1, Section 23

Last Listing description (October 2019)

Located in the prestigious suburb of Torrens, this property is easily accessible via the busy Athllon Drive. Torrens Shops are well located in Torrens Place, off Beasley Street and are surrounded by well-established unit complexes and houses.

The tenancy on offer is Unit 1A which has a total area of 379.9 m2 (including undercover area) half currently occupied by 'Smogue' cafe and the other half vacant. The tenancy is fully renovated and comes with approved grease trap, hoods, cool room, updated bathrooms and roller door access for deliveries. Perfect for a hospitality operator to just walk in! Available now for sale or lease.


Features:
* Vibrant, central location within the heart of Canberra, surrounded by well-established affluent suburbs.
* Refurbished tenancy
* Ample onsite parking, controlled and maintained by the ACT Government
* Opportunities for both Owner occupiers and investors

For more information, or to arrange an inspection contact Dania Khalil on 0406 375 946

Property History for 2-6 Torrens Pl, Torrens, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$190,000
18 Dec 2013
  • 05 Aug 2019
    Listed for Sale Not Disclosed
  • 18 Dec 2013
    Sold for $190,000
  • 23 Sep 2010
    Transferred
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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 987 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 3 properties listed for rent in Torrens on OnTheHouse. According to CoreLogic's data, 24 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.