43-45 East Row, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

43-45 East Row
City ACT 2601

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 345m2
Land area: 201m2
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Property Details for 43-45 East Row, City

Building Type
Commercial
Floor Size
345m2
Land Size
201m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 48

Last Listing description (February 2025)

Raine & Horne Commercial Canberra are pleased to offer this absolute prime ground floor retail unit for lease.

• Fantastic frontage to bus interchange
• 160sqm regular shaped tenancy

• Open plan fitout
• Suitable for a variety of uses including food and retail

These premises form part of the iconic Sydney Building and presents a rare opportunity to locate your business in Canberra's most recognised CBD landmark.

The Sydney and Melbourne Buildings form the gateway to the Canberra City precinct. Their stretching collonades are lined with quality restaurants, retail shops and bars. These highly prominent and recognisable buildings are rich in history and heritage value. The historic Sydney and Melbourne buildings have a special place in the hearts of Canberrans. Built in the early stages of Canberra's formation, the buildings sit right in the heart of the city centre on either side of the main approach road into the national capital.

Due to the importance these buildings hold in the physical and social history of Canberra, in addition to preparing for the construction of the Stage Two Light Rail (City to Woden), the ACT Government are currently upgrading and extending the verges and internal laneways of the Sydney and Melbourne Buildings, providing additional space for retailers, cyclists and pedestrians. Key elements of the project include reclaiming of a section of road verge, removal of stepped thresholds at the building colonnades, upgrade of stormwater infrastructure, construction of vaulted tree pits, planting of mature street trees, high end granite paving, architectural street furnishings, raised cycle lanes, LED feature lighting and traffic signal upgrades.

If you would like further information on this opportunity, or to arrange a private inspection, please contact Mark Nicholls of Raine & Horne Commercial Canberra on 0417 239 551!

Property History for 43-45 East Row, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$1,746,750
07 Jun 2024
Listed for Rent
$2.30k/w
17 Feb 2025
  • 07 Jun 2024
    Sold for $1,746,750
  • 28 May 2024
    Listed for Rent $120,000 / year
  • 05 May 2023
    Listed for Sale Price on Application
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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 3,495 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.
There are currently 50 properties listed for sale, and 61 properties listed for rent in City on OnTheHouse. According to Cotality's data, 118 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.