About this property
24 Garema Place consists of a 197 m² land parcel located in the City, ACT. It sold for $3,520,000 on 24 Apr 2023 and provides a size that can accommodate a variety of commercial layouts and typical business requirements
Residential Property
24 Garema Place
City ACT 2601, Australia
-
Bedrooms
-
Bathrooms
-
Parking
197 m²
Land size
-
Internal area
$3,520,000
Last sale (2023)
Key details
- Locality
- City
- State
- ACT
- Coordinates
Latitude and longitude for the mapped property location.
- 35.27849047 / 149.13228472
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAACT714890724
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- CANB/CITY/49/16
- Remoteness area
- Metro
- Property type
- Commercial
- Land size
- 197 m²
- Internal area
- -
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Commercial
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Expected weekly rent
$988
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 24 Apr 2023 | $3,520,000 | $17,868 |
Price per m² based on land size of 197 m².
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
Independent Property Group North - Lyneham
2.2 km
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
KU Braddon Children's Centre
0.8 km
Goodstart Early Learning Braddon
1.0 km
* Approximate straight-line distances
Frequently asked questions
What is the total land area of 24 Garema Place?
The property sits on a 197 m² parcel of land. This size provides a compact footprint suitable for a range of small‑to‑medium commercial uses
Where is 24 Garema Place located in relation to Canberra’s main business precincts?
It is positioned in the heart of Canberra’s central business district, within a few hundred metres of key landmarks such as the Canberra Centre, City Interchange, and the Alinga Street Metro station, offering excellent visibility and access to the city’s commercial hub
What public transport options are available nearby?
The property is adjacent to City Interchange, providing bus connections across the ACT, and is only 0.3 km from the Alinga Street light‑rail station, linking the CBD with northern districts. These links facilitate easy employee and client access
Which nearby amenities could benefit a business operating from 24 Garema Place?
The site is surrounded by a variety of amenities, including cafés such as Gus Café, the Dendy Canberra Centre cinema, the Canberra Museum and Gallery, and retail options like Apple Canberra, offering convenient services for staff and attractive foot traffic for customers
What types of commercial ventures are most appropriate for this location?
Given its central location, high pedestrian flow, and proximity to retail, cultural, and transport facilities, the property is well‑suited for boutique retail, professional services, creative agencies, or small‑scale hospitality concepts
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