Rare mixed-use investment opportunity in Gungahlin Town Centre

Rare mixed-use investment opportunity in Gungahlin Town Centre.

99 Anthony Rolfe Avenue is a 100% leased multi-level mixed-use (CZ5 Zoning) building situated on a 294sqm* block.

Tenancy 1 – Ground floor commercial
The ground floor space (99 Anthony Rolfe Ave) is a commercial tenancy measuring 69sqm of office space including a kitchenette, shower and toilet, plus 18sqm outdoor courtyard. This tenancy is leased to a psychology practice with a new 5 year lease commencing 1 March 2020.

Tenancy 2 – Levels 1 and 2 combined residential unit
The upper levels (99A Anthony Rolfe Ave) comprise of a 4 bedroom, 2 bathroom residential unit measuring approx 204sqm living area over the 2 levels. This tenancy is leased for 2 years to another tenant commencing 21 February 2020.

There is a double garage at the rear of the building, currently part of the residential tenant’s lease.

The crown lease allows for the ground floor to be used as health facility, business agency, office or public agency.

Base-building outgoings include General Rates ($13,392.27 for year ending 30 June 2020), Water & Sewerage Supply Rates (estimated at $667.36 for year ending 30 June 2020) and Building Insurance.

– CZ5 zoned mixed-use commercial and residential building
– Ground floor commercial tenancy leased for 5 years to psychology practice
– Upper floor comprises of 4 bedroom, 2 bathroom residential apartment leased for 2 years to another tenant
– 294sqm* block area
– 273sqm* building area
– Double car garage at the rear of the building

Call Ravi Soni for more details or to organise an inspection.

* approximate&#xD&#xD Anthony Rolfe Avenue is a busy street in the heart of Gungahlin – just a stone’s throw away from Gungahlin’s CBD. Gungahlin is Australia’s second-fastest growing region with over 71,000 residents. The building is close to the Light Rail Stop and the Town Centre’s bustling commercial, retail and hospitality precinct that includes Gungahlin Marketplace, Gungahlin Square and Gungahlin Village with drawcards such as Woolworths, Bunnings, Coles, Aldi, Access Canberra, Centrelink, Medicare, major banks, popular brands and health facilities.