SOLD
Sold on 09 Apr 2024 for $430,000

1/1-7 Waramanga Place
Waramanga ACT 2611

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 322m2
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Property Details for 1/1-7 Waramanga Pl, Waramanga

Building Type
Commercial
Land Size
322m2
Local Government
Weston Creek
Lot/Plan
WARAMANGA: Block 4, Section 40, Unit 1

Last Listing description (March 2024)

Fantastic opportunity to own a versatile 72 sqm tenancy in the heart of Waramanga Shops. Situated in the entry of Waramanga Shops, this tenancy benefits from high visibility from both the street and the car parks.

The permitted usage including professional office, business agency, news agency, and cafe, Join a vibrant mix of surrounding tenants, including IGA, Capital Chemist, Village Cafe, Waramanga Medical Centre, Hairdresser, and Beautician.

Property Highlights:

Size: 72 sqm
Location: Waramanga Shops
Permitted Usages: Professional Office, Business Agency, News Agency, Cafe
Situated in the bustling Waramanga Shops, this tenancy benefits from high foot traffic and excellent visibility.
Ample Parking: Convenient parking options available for both tenants and customers, enhancing accessibility.
The property is equipped with full glass shopfront and air-conditioning.

Waramanga is situated in the region of Weston Creek just minutes to the Woden Town Centre. According to data released from the ABS, the median age of residents is 38, showing the area is home to a young and growing cohort.

Property History for 1/1-7 Waramanga Pl, Waramanga, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$430,000
09 Apr 2024
  • 09 Apr 2024
    Sold for $430,000
  • 29 Aug 2023
    Listed for Sale $460,000 plus GST
  • 03 Jun 2020
    Sold for $240,000
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About Waramanga 2611

The size of Waramanga is approximately 1.7 square kilometres. It has 9 parks covering nearly 24.9% of total area. The population of Waramanga in 2011 was 2,596 people. By 2016 the population was 2,635 showing a population growth of 1.5% in the area during that time. The predominant age group in Waramanga is 40-49 years. Households in Waramanga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waramanga work in a professional occupation. In 2011, 65.6% of the homes in Waramanga were owner-occupied compared with 67.3% in 2016.

Waramanga has 1,198 properties. Over the last 5 years, Houses in Waramanga have seen a 39.30% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in Waramanga is $853,693 while the median value for Units is $531,945.
  • Houses have a median rent of $625 while Units have a median rent of $520.
There are currently 1 property listed for sale, and 1 property listed for rent in Waramanga on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Waramanga.

Suburb Insights for Waramanga 2611

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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.