42 Northbourne AvenueCity ACT 2601
Property Details for 42 Northbourne Ave, City
Last Listing description (September 2016)
Situated on the main gateway to Canberra, this flexible property offers the perfect chance to break into the bustling CBD retail, bar and restaurant strip. Notable features include extensive glass shop front facing Northbourne Avenue, great signage opportunities, amenities, grease trap, exhaust facilities and rear loading.
Spanning over 2 levels, the property allows for flexible floor plates with areas for lease ranging from 577 sqm to 1,225sqm. Although previously trading as a popular night spot, it will still suit a range of operators including personal service and office users.
Nearby tenants include McDonald's Rams Home Loans, Quick n Go, Zambrero's, IGA & a great mix of local restaurants, cafes and bars.
Property History for 42 Northbourne Ave, City, ACT 2601
- 26 Aug 2016Listed for Rent - Price not available
- 26 Mar 2015Listed for Rent - Price not available
- 17 Nov 2014Listed for Rent - Price not available
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0About 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 3,495 properties. Over the last 5 years, Houses in City have seen a -15.55% decrease in median value, while Units have seen a 5.62% increase. As at 30 June 2026:
- The median value for Houses in City is $414,598 while the median value for Units is $581,847.
- Houses have a median rent of $572 while Units have a median rent of $660.
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