2 Gribble St, Gungahlin is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2193m2.
Raine & Horne Commercial Canberra are pleased to offer Unit 172 Jade for sale.
Jade is a brand-new mixed-use development developed by POD Projects, designed by Stewart Architecture and built by Core Building Group, located in the Town Centre of Gungahlin; the fastest growing region in the ACT and the second-fastest growing Town Centre in the nation.
The development comprises a total of 167 residential apartments and 6 ground floor commercial units. The Crown Lease permits a broad range of uses including shop, medical, office, recreation and restaurant. Each tenancy has fantastic street exposure, free public parking to the front plus allocated car parking on title, provisional points for services and access to common amenities including rooftop pool area, gymnasium and BBQ facilities.
All of the ground floor units at Jade are now occupied by the likes of Broaster Chicken, Laundromat @ Gungahlin, One Agency, The Fortius Collective, Caf Social Hub and Gungahlin Kebab & Pizza.
Unit 172 is a ground floor commercial tenancy boasting frontage and street parking to Gribble Street providing for fantastic exposure and natural light. The property measures 82sqm and comes with 2 allocated carparks on title (located directly behind the unit providing for easy loading into the tenancy).
The unit is leased on the following terms:
Tenant: Koffee and Team Pty Ltd Trading as Cafe Social Hub
Lease Commencement: 01 July 2021
Lease Term: 7+5 years
Commencing Annual Rent: $45,100pa +GST
Rent Review Structure: Fixed at 4% per annum, reviewed to market at option
Outgoings: Tenant pays 100% (NET lease)
Passing Net Income (as at 1 July 2022): $46,904 +GST
For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Raine & Horne Commercial Canberra.
The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of 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 4,754 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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