Positioned in the heart of The Junction, surrounded by quality neighbouring tenancies including major banks, post office, cafes, specialty shops and a pharmacy, this property comprises an excellent office tenancy with premium fitout.
The recently refurbished office features new carpet, paint and floor coverings, and comprises of commercial office accommodation partitioned into four offices with two spacious open plan work areas, a large reception area, two kitchens and dual amenities including shower. The suite is air-conditioned throughout and has one allocated car space at the rear.
The size of The Junction is approximately 0.3 square kilometres. It has 1 park covering nearly 4.4% of total area. The population of The Junction in 2011 was 1,495 people. By 2016 the population was 1,048 showing a population decline of 29.9% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in The Junction work in a professional occupation. In 2011, 50.1% of the homes in The Junction were owner-occupied compared with 57.9% in 2016.
The Junction has 714 properties. Over the last 5 years, Houses in The Junction have seen a 70.21% increase in median value, while Units have seen a 52.02% increase. As at 31 October 2024:
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