5/28 University Avenue, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

5/28 University Avenue
City ACT 2601

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Bathrooms: -
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Property Details for 5/28 University Ave, City

Building Type
Commercial
Year Built
2013
Local Government
Canberra Central
Lot/Plan
CITY: Block 22, Section 3, Unit 5

Last Listing description (January 2022)

Currently available for lease are two separate suites on Level 5 of 28 University avenue in the city.
Suite 25 is 311 sqm and Suite 26 is 219 sqm both come with a high quality fit out currently in place.

Or you could take the whole floor tenancy totalling 530 sqm located within the burgeoning City West precinct.

This unit provides an opportunity for an occupier who is looking for a functional high grade office fit-out already in place so they can move in and begin work straight away.
The building is serviced by two refurbished lifts and has common amenities including a kitchenette and both male and female toilets on the floor. All within walking distance to major public parking facilities including the city west car park.

The unit has great views over the ANU and Black Mountain to the West and the leafy suburbs of Turner / O'Connor to the North. The building's main foyer has recently been refurbished, in keeping the professional tenancy mix within the building .

Small, high quality premises with functional fit-out's like this are extremely rare, especially in the CBD.

For further information please contact Christopher Farmer on 0417 133 071

Property History for 5/28 University Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
24 Dec 2021
  • 11 Nov 2020
    Listed for Rent - Price not available
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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 3,372 properties. Over the last 5 years, Houses in City have seen a -43.73% decrease in median value, while Units have seen a 11.57% increase. As at 31 March 2026:

  • The median value for Houses in City is $514,958 while the median value for Units is $589,211.
  • Houses have a median rent of $572 while Units have a median rent of $650.
There are currently 51 properties listed for sale, and 47 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
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.