Exciting Opportunity for Owner Occupiers & Investors
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1/28 University Avenue, City ACT 2601

$2,400,000

RetailSize: n/a
Block size: 306 m² approx.Retail size: 306 m² approx.
Burgess Rawson are delighted to exclusively offer For Sale this CBD Location, unit 1B leased to Lanzhou Beef Noodle with adjoining available space suitable for an owner occupier or opportunity to lease as investment.

Available to purchase this ground floor tenancy, split into two separate units. Unit 1A is a vacant open shopfront with full glass windows, ceiling grid, lighting and air-conditioning. Unit 1B features seating/ dine in, service area, full kitchen fit out, exhaust hood and grease trap.

28 University Avenue is a 9 story commercial office building in the western edge of the CBD. The building has 2 internal lifts that have recently been refurbished which service each floor. Each floor has access to amenities for both male and females and access to base building air conditioning. The ground floor is occupied by a café, noodle bar and a real estate agency.

Take advantage of the close proximity to the ANU and the exciting New Acton dining and entertainment precinct, within walking distance to the Canberra Centre.

There is a wide mix of office tenants including Ray White Commercial, Hobart Pl General Practice, Tetlow Legal and Professional Visa & Education Services to name a few. The unit has great views over the ANU and Black Mountain to the West and the leafy suburbs of Turner / O'Connor to the North.

Key Highlights:

+ Suitable uses include office & shop.
+ Foyer & lifts recently refurbished
+ Ground floor unit
+ Total combined area approximately - 306sqm
+ Open shopfront windows.
+ Access to public transport, parking and light rail
+ Noodle shop with full kitchen fit out, seating/dinning area
+ Cold shell vacant unit next door, great location, high exposure position.
+ Fantastic opportunity for owner occupier looking for an investment.
+ Zoning: CZ1 Core Zone
+ Great signage potential

For Sale - $2.4 million excl GST

For further information please contact Steve Burke on0428 434 464.
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast

Inspections

No open inspections scheduled.

Send an enquiry

Contact Steve Burke to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Retail
Block Size:
306 *

Other Details

Block:
22
Section:
3
Retail Size:
306 *
Legal description:
CANB/CITY/3/22
nbn® availability:
nbn® Fibre to the Building (FTTB)
*These are approximate values based on available information.
Burgess Rawson Canberra

Maps and area information

Land Details
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Block information
Block 22 Section 3 City
Block size: 306 (approx)
Legal description: CANB/CITY/3/22
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Ainslie Primary SchoolPrimary School
1.5km
Campbell High SchoolHigh School
2km
Calvary Private HospitalHospital
4.7km
Canberra CentreMajor Shopping Centre
0.7km
Australian National UniversityUniversity
0.7km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.3km
Aust. Defence AcademyTafe
3.5km

Property history

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
10 May 2018
Sold
$1,900,000
Contract: 10/04/2018
Transfer: 10/05/2018
Block size: 25m²
Transfer type: Full transfer
Purpose: Office,professional suite
20 Mar 2012
Sold
$1,200,000
Contract: 28/10/2011
Transfer: 20/03/2012
Block size: 25m²
Transfer type: Full transfer
Purpose: Office,professional suite

City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
27 years
Population
4,835
Listing ID: 180506208. This listing has been viewed 678 times. It was first displayed on 01/04/2022 and last updated on 03/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.