Raine & Horne Commercial Canberra, in conjunction with Raine & Horne Gungahlin, are pleased to offer 99 Anthony Rolfe Avenue for sale.
OVERVIEW:
99 Anthony Rolfe Avenue is a three-storey, single-titled, mixed-use property with ground floor commercial (leased), upper floor residential (vacant) and a secure garage at the rear, providing a rare opportunity to secure a 26% leased, mixed-use investment in the heart of the Gungahlin Town Centre. 99 Anthony Rolfe Avenue combines a strong commercial tenancy with residential accommodation, offering secure income streams and excellent long-term growth prospects. With a new 5-year commercial lease in place on the ground floor and a 4-bedroom residence above, this is a turnkey investment in one of Canberra's fastest-growing regions.
LOCATION:
Situated on Anthony Rolfe Avenue, this property enjoys a high-profile position in Gungahlin's CBD, less than a 5-minute walk to the Light Rail Stop. The Town Centre's bustling commercial, retail, and hospitality precincts are within walking distance, including Gungahlin Marketplace, Gungahlin Square, and Gungahlin Village. With drawcards such as Woolworths, Coles, Aldi, Bunnings, major banks, government services, and health facilities, the location guarantees strong ongoing demand. Gungahlin itself is one of Australia's fastest-growing regions, now home to over 87,000 residents.
DESCRIPTION:
Levels 1 & 2 comprise a 4-bedroom, 2-bathroom apartment over 2 levels (approx. 201m²) with a secure double garage at the rear accessed via Huyer Street. The ground floor commercial tenancy comprises approx. 69m² NLA including a kitchenette, shower & toilet, plus an 18sqm exclusive outdoor courtyard. The tenancy is leased on the following terms:
• Area: Areas 1 & 2 on Subleasing Plan 6737
• Lessee: Beth Inglis Phycology Pty Ltd
• Lease Period: 5 years from 1st March 2025 to 28 February 2030
• Option Period: 3 years from 1st March 2030 to 28 February 2033
• Commencing Rent: $36,533.17pa +GST
• Outgoings: Tenant pays 31.86% of increases in outgoings over the base year 30 June 2020
• Annual Increases: In line with CPI
• Security: Cash Bond of $10,120.94 (being three months' rent)
APPROX OUTGOINGS PA:
• Rates $21,287.50
• Water & Sewerage Supply Charge $900
• Building Insurance $3,543
KEY FEATURES:
• Rare mixed-use commercial & residential investment (CZ5 zoning)
• 26% leased multi-level building on a 294 sqm block
• Total floor area: Approx. 270sqm plus outdoor area
• Crown lease permits ground floor use as a health facility, business agency, office or public agency
• EER: 6.0
For further information or to arrange an inspection, please contact the exclusive agents at Raine & Horne Commercial Canberra and Raine & Horne Gungahlin.
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 4,761 properties. Over the last 5 years, Houses in Gungahlin have seen a 25.91% increase in median value, while Units have seen a 17.10% increase. As at 28 February 2026:
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