6-8 Gribble Street, Gungahlin, ACT 2912 | Property Value & History | OnTheHouse
OFF MARKET

6-8 Gribble Street
Gungahlin ACT 2912

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2163m2
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Property Details for 6-8 Gribble St, Gungahlin

Building Type
Commercial
Land Size
2163m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 5, Section 209

Last Listing description (July 2023)

Ruby, Gungahlin - For Sale/Lease

- Units 181 + 182 (220sqm) - $1,430,000 ex GST
- Unit 185 (142sqm) - $852,000 ex GST

- Unit 186 (153sqm) - $918,000 ex GST

THE LOCATION:

Over 90,000 people call the Gungahlin area home and with population comes major business, retailers, and infrastructure.

Small to medium businesses thrive in Gungahlin and families love the open green spaces, access to light rail and continued opportunity a growing population brings to the area.

Both ACT and Federal Governments have departments that call Gungahlin home bringing premium employment opportunities and creating ancillary opportunities throughout the area.

The position of Ruby couldn't be better. Surrounded by 1500 units within a 2 minute walk, your business will have a never ending customer base at your front door.

THE OPPORTUNITY:

With opportunities scarce and very little new property to buy or lease on the horizon, we bring to you a premium location with the flexibility to accommodate most types of hospitality, business service and retail business models.

A key factor in positioning your business is access to customers. The density of the surrounding population is a great asset and combined with approximately 11,000 vehicles a day commuting along Gundaroo drive, your customer supply is assured.

With the opportunity to connect to a grease trap, the spaces are a prime location for food focused businesses. A contemporary fresh food supermarket offering fresh seafood and butchery services is right next door, bringing with it a constant flow of customers to the area. A health care operator, 4 types of fast food, real estate agency and laundromat all occupy the precinct and are either open or about to launch.

Car parking is always at a premium and these spaces have abundant basement parking. Unit 185 delivers 3 spaces while unit 186 comes with 4 spaces, well above the standard allocated to commercial units.

With just a few opportunities left in the precinct and a vendor who will sell or lease the spaces, now is the perfect time to move your business to this outstanding location.

Contact the Sentia team for an I.M. on this opportunity.

Property History for 6-8 Gribble St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Listed for Rent
$1.61k/w
06 Jul 2023
  • 04 Jul 2023
    Listed for Sale $918,000 or $84,150 per annum
  • 04 Jul 2023
    Listed for Rent - Price not available
  • 17 Apr 2023
    Listed for Sale $918,000 or $84,150 per annum
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About Gungahlin 2912

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 4,756 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:

  • The median value for Houses in Gungahlin is $1,064,974 while the median value for Units is $448,306.
  • Houses have a median rent of $743 while Units have a median rent of $543.
There are currently 61 properties listed for sale, and 24 properties listed for rent in Gungahlin on OnTheHouse. According to Cotality's data, 203 properties were sold in the past 12 months in Gungahlin.

Suburb Insights for Gungahlin 2912

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.