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Function/Club/Major Restaurant Facility Ready To Go

61 Jerrabomberra Avenue, Narrabundah ACT 2604

$200,000G/pa Ex GST

OfficeSize: n/a
Block size: 9.32 Hectares approx.Office size: 1100 m² approx.UV: $2,666,000 (2019)
Absolute unique opportunity to lease this commercial premises that are ideal for a function centre/club and/or major restaurant.   
Our client has recently installed a state of the art kitchen, bar & servery area, providing the astute operator with an opportunity to establish a significant business with minimal capital outlay. The premises enjoys a porte-cochere over the front entry, a picturesque outlook over the Pitch & Putt course at the Canberra International Golf Centre & shares a huge free surface car park with the three other tenants in the development. The space is set over two levels, with the upper level of approximately 460 sqm being ideal for a private functions.

Located on the corner of Hindmarsh Drive and Jerrabomberra Avenue in the inner southern suburb of Narrabundah, this property enjoys a central location & ease of access from all areas of Canberra & Queanbeyan. Neighbouring tenants in the development include the Canberra International Golf Centre, Alive Gym and Abode Hotel, whilst a little further afield are Capital Golf Course, Garden City Motor Inn, Canberra Long Stay Caravan Park, Southside Caravan Park, the major Federal Government Buildings housing Geoscience Australia Therapeutic Goods Australia, all of which provide a ready made local client base for the potential tenant.

Don't miss out on this rare opportunity. For more information please call Steven Shang on 0411374432.

When to inspect

No open times scheduled
Contact agent to arrange an inspection.

Key details

Property Type:Office
Block:34
Section:34
Block Size:9.32 Hectares*
Office Size:1100 *
Unimproved Value:$2,666,000 (2019)
Rates (Residential):$16,416*
Rates (Commercial):$136,657*
Rates (Rural):$4,588*
Land Tax (Residential):$29,315*
*These are approximate values based on available information.
LJ Hooker Commercial Canberra
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Maps and area information

Land Details
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Block information
Block 34 Section 34 Narrabundah
Block size: 9.32Hectares (approx)
Unimproved value: $2,666,000 (2019)
Legal description: CANB/NARR/34/34/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2020.
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What's nearby

St Benedict's Primary SchoolPrimary School
0.9km
Telopea High SchoolHigh School
3.6km
The Canberra HospitalHospital
4.8km
Jerrabomberra ShopsMajor Shopping Centre
6.1km
Australian National UniversityUniversity
7.6km
Narrabundah CollegeCollege
0.9km
Red Hill Post OfficePost Office
2.1km
Canberra Institute Of TechnologyTafe
1.6km

Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
29 Jun 2000
Sold
A$1,500,000
Contract: 29/06/2000
Transfer: 29/06/2000
Block size: 93167m²
Transfer type: Full transfer
Purpose: Hotel

Suburb and property insights

Median salesMedian salesUnimproved value for 61 Jerrabomberra AvenueUnimproved value for 61 Jerrabomberra Avenue
Median Sale Price For Narrabundah
A$896,500
Average Age
43 years
Population
5,960
Narrabundah's Property Profile
Narrabundah's Occupancy
Average Age
43 years
Population
5,960
Narrabundah's Property Profile
Narrabundah's Occupancy

Contact agents

LJ Hooker Commercial Canberra

LJ Hooker Commercial Canberra

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Steven ShangLJ Hooker Commercial Canberra
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Listing ID: 172877460. This listing has been viewed 392 times. It was first displayed on 13/10/2016 and last updated on 10/06/2020.