Land

Block 6 Section 2 Gungahlin

13 Gribble St Gungahlin, ACT Australia 2912
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area

Property Description

JLL is proud to present this opportunity to secure an approximately 573 sqm block in the heart of Gungahlin Town Center. Positioned on the high-profile corner of Gribble Street and Anthony Rolfe Ave, Block 6 Section 2 presents one of the final development sites left in the town center. The site is currently DA approved for 40 residential apartments with a 12-story height limit. Zone CZ2 is the business zone which allows for a large variety of uses under the crown lease including car park, club, community use, drink establishment, non-retail commercial use, restaurant and residential. Situated in Canberra's North West, Gungahlin is located approximately 13 km form Canberra CBD and easily accessed via arterial road network and new Capital Metro light rail. Gungahlin has a current population of approximately 80,000 and is expected to grow by a further 31,000 by 2028. The subject site is also close to Bunnings warehouse, Coles, Woolworths, Aldi, Gunghalin College and the new Canberra Light Rail Network.

Investment Highlights

  • Development site of 573 sqm 
  • DA approved for 40 units with a 12-story height limit
  • CZ2 Business Zone affords variety of uses subject to approval
  • Walking distance to the Gungahlin Town Center
Mitch Frail
Sales Executive
Tim Mutton
Tim Mutton
Head of Sales & Investments – ACT

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