- The property is situated on Glebe road in between Kenrick and Union Street the Junction in the heart of the cities most sought after work/lifestyle precinct. The property has the added luxury of being surrounded by a number of conveniences including ease of public transport. The Junction Fair as well as the Junction Village and an abundance of cafes, restaurants and the Junction Hotel.
- The property sits on the first floor which adds the natural ambience of the property through the flow of light throughout. There is a reception and waiting area which compliments three separate offices as well as a kitchenette and both male and female amenities.
- Building Improvements:
- Rental - $35,000 per annum gross (plus GST).
- Outgoings are included in the above-mentioned rental. The Lessee will be responsible for the Lessees own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance, etc.
*Approximate..
The size of The Junction is approximately 0.3 square kilometres. There is 1 park, covering nearly 4.4% of the total area. The population of The Junction in 2016 was 1052 people. By 2021 the population was 994 showing a population decline of 5.5% in the area during that time. The predominant age group in The Junction is 20-29 years. Households in The Junction are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in The Junction work in a professional occupation.In 2021, 66.20% of the homes in The Junction were owner-occupied compared with 57.90% in 2016.
The Junction has 731 properties. Over the last 5 years, Houses in The Junction have seen a 31.07% increase in median value, while Units have seen a 39.04% increase. As at 31 May 2026:
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