The Offer...
A rare opportunity to secure a 50% leased, mixed-use investment in the heart of the Gungahlin Town Centre. 99 Anthony Rolfe Avenue combines a strong commercial tenancy with residential accommodation, offering secure income streams and excellent long-term growth prospects. With a new 5-year commercial lease in place and a 4-bedroom residence above, this is a turnkey investment in one of Canberra's fastest-growing regions.
The Location...
Situated on Anthony Rolfe Avenue, this property enjoys a high-profile position in Gungahlin's CBD, less than a 5-minute walk to the Light Rail Stop. The Town Centre's bustling commercial, retail, and hospitality precincts are within walking distance, including Gungahlin Marketplace, Gungahlin Square, and Gungahlin Village. With drawcards such as Woolworths, Coles, Aldi, Bunnings, major banks, government services, and health facilities, the location guarantees strong ongoing demand. Gungahlin itself is one of Australia's fastest-growing regions, now home to over 87,000 residents.
The Details...
- Rare mixed-use commercial & residential investment (CZ5 zoning)
- 26% leased multi-level building on a 295 sqm block
- Total floor area: 331 sqm
- Crown lease permits ground floor use as health facility, business agency, office or public agency
- Base building outgoings: $21,287.50 for General rates, $900.00 (approx.) for Water & Sewerage Supply Rates & $3,543.00 for Building Insurance.
- EER: 6.0
Ground Floor Commercial Tenancy - Beth Inglis Phycology Pty Ltd: Ground Floor Commercial (99 Anthony Rolfe Ave): 69m² office space plus an 18m² outdoor courtyard, Includes kitchenette, shower & toilet. Leased to psychology practice on a new 5-year lease from 1 March 2025.
High-level lease terms are:
- Area: Areas 1 & 2 on Subleasing Plan 6737
- Lease Period: 5 years from 1st March 2025 to 28 February 2030
- Option Period: 3 years from 1st March 2030 to 28 February 2033
- Commencing Rent: $36,533.17pa +GST
- Annual Increases: CPI
- Security: Cash Bond of $10,120.94 (being three months' rent)
- Tenant pays 31.86% of increases in outgoings over the base year 30 June 2020
Levels 1 & 2 - Residential Unit (99A Anthony Rolfe Ave): 4-bedroom, 2-bathroom apartment over 2 levels (approx. 201m²). Double garage at rear included.
For more information or to arrange a private inspection, contact Courtnie Alaia on 0423 672 856
