OFF MARKET

24 Torrens Place
Torrens ACT 2607

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 501m2
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Property Details for 24 Torrens Pl, Torrens

24 Torrens Pl, Torrens is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 501m2.

Building Type
Unit
Land Size
501m2
Local Government
Woden Valley
Lot/Plan
TORRENS: Block 6, Section 23

Last Listing description (November 2017)

Available for long term lease is this 51 square metre office space which is currently fitted out as a yoga studio.
It is well located at the Torrens Shopping Centre in Canberra's southside. Some of the tenants include 2 cafe's, a newsagent, 2 hair salon's, 2 beauty salons, a restaurant, and a takeaway. There is also ample free parking right at your front door.
A large childcare centre within the complex grounds is due for completion this year which will attract a large amount of foot traffic to the centre.

$22,000 per annum + GST including outgoings
A fantastic opportunity not to be missed!
Please note: The image of the premises is not current.
For more information about this property please contact Michael Newham on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

Property History for 24 Torrens Pl, Torrens, ACT 2607

A timeline of how this property has performed in the market
Listed for Rent
$422/w
02 Nov 2017
  • 31 May 2017
    Listed for Rent $24,200 / year

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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.