3/28 University Avenue, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

3/28 University Avenue
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 136m2
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Property Details for 3/28 University Ave, City

Building Type
Commercial
Year Built
2013
Floor Size
136m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 22, Section 3, Unit 3

Last Listing description (February 2026)

Positioned on the ground floor just moments from the Australian National University (ANU), this 60sqm café tenancy offers a ready-to-operate opportunity in a well-connected city fringe location.

The space includes an existing café fitout, along with a grease trap and exhaust system already installed. This allows an incoming operator to move in and start trading with minimal additional setup.


Located close to a strong daily population of nearby office workers, the tenancy suits coffee operators, takeaway concepts, or boutique food businesses looking to service the ANU and CBD market.

Key Features:

• 60sqm ground floor tenancy

• Existing café fitout included

• Grease trapand exhaust installed

• High foot traffic location near ANU


Rent: $36,000 per annum + outgoings + GST

This is a practical and affordable opportunity to secure a fitted café space in a tightly held university precinct.

For further information or to arrange an inspection, please contact the agent.

Property History for 3/28 University Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$690/w
23 Feb 2026
  • 24 Feb 2026
    Listed for Rent $36,000 / week
  • 07 Feb 2024
    Listed for Sale $535,000 GST not applicable
  • 04 Dec 2019
    Listed for Sale $450,000
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About City 2601

The size of City is approximately 1.4 square kilometres. There are 8 parks, covering nearly 9.9% of the 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 3,375 properties. Over the last 5 years, Houses in City have seen a -51.66% decrease in median value, while Units have seen a 9.35% increase. As at 30 April 2026:

  • The median value for Houses in City is $443,348 while the median value for Units is $590,285.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to Cotality's data, 132 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data
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.