80 Lance Hill AvenueDunlop ACT 2615
Property Details for 80 Lance Hill Ave, Dunlop
Last Listing description (June 2018)
This modern, high-profile retail asset in Canberra is for sale by Public Auction and presents an outstanding long-term, blue-chip investment that is 100% leased to Australia s largest supermarket operator Woolworths Limited.
80 Lance Hill Avenue is situated on a land-rich 2,851m site in close proximity to the Belconnen and Gungahlin Town Centres. The 784.5m free standing building was purpose built to tenant specifications in 2011 and is leased to Woolworths Limited on a long-term arrangement expiring October 2026 with a further 3 x 5 year options to 2041. The property provides an estimated Net income of $283,666 ex. GST p.a.
Woolworths Limited are the largest supermarket operator in Australia with 955 stores, 155,000 employees and are presently ranked 23rd globally by retail company revenue as outlined in Deloitte s 2017 Global Powers of Retail report.
80 Lance Hill Avenue is for sale via public Auction on Thursday 19 April 2018 at 11am AEST. Interested parties are encouraged to contact Colliers International for more information.
Property History for 80 Lance Hill Ave, Dunlop, ACT 2615
- 19 Apr 2018Sold for $4,600,000
- 16 Mar 2018Listed for Sale Not Disclosed
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About Dunlop 2615
The size of Dunlop is approximately 3.6 square kilometres. There are 11 parks, covering nearly 13.6% of the total area. The population of Dunlop in 2016 was 7197 people. By 2021 the population was 7265 showing a population growth of 0.9% in the area during that time. The predominant age group in Dunlop is 40-49 years. Households in Dunlop are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dunlop work in a professional occupation.In 2021, 80.90% of the homes in Dunlop were owner-occupied compared with 79.90% in 2016.
Dunlop has 2,603 properties. Over the last 5 years, Houses in Dunlop have seen a 33.73% increase in median value, while Units have seen a 37.87% increase. As at 30 April 2026:
- The median value for Houses in Dunlop is $966,826 while the median value for Units is $744,597.
- Houses have a median rent of $700 while Units have a median rent of $390.
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