1 University Ave, City, ACT 2601 | Property Value & History | OnTheHouse
 
FOR RENT

University Avenue
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 411m2
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This property is currently on the market
Vanancies within The Australian National University
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Property Details for 1 University Ave, City

Building Type
Commercial
Land Size
411m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 5

Last Listing description (January 2026)

Raine & Horne Commercial Canberra is pleased to offer a selection of well-located retail, office, and hospitality tenancies across the Australian National University (ANU) campus precincts. With flexible lease terms, a variety of fitout options, and locations that cater to high student and staff traffic, these premises represent a rare opportunity to position your business at one of Australia's leading universities.

Available Tenancies:

• Unit B7b - 115sqm - $69,000pa +GST (Greasetrap & exhaust connections available)

• Unit B7a - 54sqm - $32,400pa +GST (No greasetrap or exhaust connection. Former hairdresser's shop)
• Unit B5 - 167sqm - $100,200pa +GST (Former bank space. Fitted out as an office unit. Available Q2 2026. Greasetrap & exhaust available)
• Unit B6 - 135.1sqm - $81,060pa +GST (Currently occupied. Greasetrap available. Vacant 3 months after lease is agreed)
• Unit 1.23 - 78sqm - $42,900pa +GST (Non-food preferred. Greasetrap available - no exhaust)
• Unit 15 - 51sqm - $25,500pa +GST (Former phone sales shop. No greasetrap or exhaust)
• Unit 14S - 90sqm - $54,000pa +GST (Two levels; tenant to fit out the unit)
• Unit 18S - 83sqm - $49,800pa +GST (GF + mezzanine; partial fitout including kitchenette)
• Unit 11 - 62sqm - $37,200pa Gross (Restaurant/food retail)
• Unit 4.1 - 102sqm - $45,900pa +GST (Fitted office space on level 4)
• Unit G6 - 86sqm - $43,000pa Gross (Greasetrap & exhaust available. No gas cooking)
• Unit G1,G2,G3 - 147sqm - $77,175pa Gross (Previously occupied by a bank)
• Unit G4,G5 - 167sqm - $87,675pa Gross (Greasetrap & exhaust connections, gas cooking available. Fitted out; equipment provided in "as is" condition)
• Unit 2.096 - 170.5sqm - $85,250pa Gross (Restaurant/food retail - Under Offer)
• Unit 212-215 (Llewellyn Hall) - 268sqm - $147,400pa Gross (Fitted out; equipment provided in "as is" condition)

The ANU is motivated to lease these spaces & are willing to offer generous incentives to operators that can provide services & products to the students & staff. Whether you're looking to establish a retail store, office, or health and wellbeing business, these tenancies offer unmatched exposure and accessibility within a vibrant university environment.

For more information or to arrange an inspection, contact the leasing agents at Raine & Horne Commercial Canberra. Don't miss your chance to secure a high-profile position within this prestigious precinct.

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Property History for 1 University Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$2,100,000
09 Aug 1996
Listed for Rent
$1.92k/w
13 Oct 2025
  • 23 May 2025
    Listed for Rent - Price not available
  • 25 Oct 2023
    Listed for Rent $123,120 / year
  • 01 Sep 2017
    Listed for Sale Not Disclosed
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2016 was 4276 people. By 2021 the population was 4835 showing a population growth of 13.1% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation.In 2021, 36.30% of the homes in City were owner-occupied compared with 30.00% in 2016.

City has 3,364 properties. Over the last 5 years, Houses in City have seen a -20.84% decrease in median value, while Units have seen a 13.87% increase. As at 28 February 2026:

  • The median value for Houses in City is $626,572 while the median value for Units is $596,535.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 52 properties listed for rent in City on OnTheHouse. According to Cotality's data, 136 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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