An opportunity to secure a leased commercial investment in the heart of the Gungahlin Town Centre.
This 127sqm ground floor tenancy is leased to an established Dry Cleaners business, providing steady income within a high-growth residential precinct.
The lease runs until April 2028 with a further 5-year option, offering a good steady return and future upside.
Investment Highlights:
• 127sqm ground floor commercial unit
• Established laundromat tenant
• Lease expiry April 2028 + 5 year option
• Current rent: $67,367 p.a. + GST
• Landlord outgoings: $17,512.72 p.a.
• Net income: $49,854 p.a. (approx.)
Located within Canberra's fastest growing town centre, the property benefits from strong surrounding residential density and consistent demand for essential services.
For further information or to arrange an inspection, please contact the agent.
The size of Gungahlin is approximately 4.6 square kilometres. There are 17 parks, covering nearly 38.1% of the total area. The population of Gungahlin in 2016 was 6134 people. By 2021 the population was 8586 showing a population growth of 40.0% in the area during that time. The predominant age group in Gungahlin is 20-29 years. Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation.In 2021, 45.40% of the homes in Gungahlin were owner-occupied compared with 43.70% in 2016.
Gungahlin has 4,757 properties. Over the last 5 years, Houses in Gungahlin have seen a 21.26% increase in median value, while Units have seen a 12.27% increase. As at 30 April 2026:
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