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Jade, 2 Gribble Street, GUNGAHLIN, ACT, 2912

2. Property Highlights

Rare Health investment with long lease
  • Long lease
  • 4% annual increases
  • Prime Physio tenant

The Opportunity

This superb Health investment opportunity is a rare find for investors and will appeal to a broad range of buyers.

Health tenants are coveted in the commercial investment space and unit 171 Jade has a great operator right in the heart of the town centre. The FortiusCollective is a local business with a strong referral base and ongoing following.

The lease offers security over the long term with excellent increases over the throughout the length of the lease.

The tenant also pays all increases over the base year, further enhancing this investments desirability.

Gungahlin is the tightest commercial market in Canberra, with next to nothing for sale and no new property coming to market for purchase.

The LGA is a fully functioning self-contained Town Centre with all amenities and a thriving business environment that supports the ever growing population. The property itself is situated within a high density living area, ensuring the popularity of the unit. The unit also has access to a grease trap if it was ever vacant, attracting the broadest range of tenancy opportunities in the future.

The Location

Jade is located in the prime corner of Anthony Rolfe Avenue and Gribble Street in the heart of theGungahlin precinct - one of Australia's fastest growing districts. According to the 2016 ABS Census, Gungahlin District has a population of 87,682 people with a median age of 32years and median weekly household income of $2,537. The building is located opposite the new Centrelink and Medicare shopfront and a few minutes' walk to Gungahlin Square (Aldi), Gungahlin Marketplace (Woolworths, Big W, KMart), Gungahlin Village (Coles) and Bunnings. It is also in close proximity to government offices of ACT Government's Winyu House and the almost-completed Defence Housing Australia's new office building. The Light Rail line to the City and the Gungahlin Bus Station are a few hundred metres away.

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3. Property Location

Jade, 2 Gribble Street, GUNGAHLIN, ACT, 2912

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4. Due Diligence

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Jade, 2 Gribble Street, GUNGAHLIN, ACT, 2912 Gungahlin
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