7/114 Emu BankBelconnen ACT 2617
Property Details for 7/114 Emu Bank, Belconnen
Last Listing description (June 2026)
Great opportunity to purchase a commercial property that can be used by an owner occupier or the Vendor is happy to stay as a tenant to provide a good rental return in the short to medium term. The Vendor is willing to lease back the tenancy to satisfy 7% net yield on the purchase price.
The current owner has run a Karaoke business for more than 10 years, the property also features a full commercial kitchen including cool room. This property could easily be converted to a restaurant.
The Boardwalk is a strata titled retail development comprising 13 units in total, with 6 units fronting Emu Bank and 7 Units fronting Lake Ginninderra. The development is split level providing the units facing lake Ginninderra with a mezzanine level, whilst the units fronting Emu Bank are single level. There is a basement car park providing 85 car parks, a loading dock with a rear access corridor to each unit and lift servicing all levels of the development.
Belconnen Town Centre population is set to increase significantly in the coming years as result of the large amount of high density development currently being being undertaken.
The unit comprises 154sqm on the ground level and 98sqm on the mezzanine level. Features include full height glass shop fronts to take full advantage of the northerly aspect and outlook over Lake Ginninderra, disabled toilets on the ground level, individual air conditioning, lighting and mezzanine levels, full commercial kitchen and cool room.
For more information please contact Steven Shang on 0411347432.
Property History for 7/114 Emu Bank, Belconnen, ACT 2617
- 05 Jun 2024Listed for Sale Price on Application
- 18 Sep 2019Listed for Sale Please Call
- 18 Jun 2012Transferred
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0About Belconnen 2617
The size of Belconnen is approximately 4.4 square kilometres. There are 6 parks, covering nearly 26.3% of the total area. The population of Belconnen in 2016 was 6657 people. By 2021 the population was 8502 showing a population growth of 27.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation.In 2021, 32.50% of the homes in Belconnen were owner-occupied compared with 29.20% in 2016.
Belconnen has 6,265 properties. Over the last 5 years, Houses in Belconnen have seen a 1.80% increase in median value, while Units have seen a 15.32% increase. As at 31 July 2026:
- The median value for Houses in Belconnen is $598,129 while the median value for Units is $497,826.
- Houses have a median rent of $580 while Units have a median rent of $565.
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