38 O'Hanlon Place, Nicholls, ACT 2913 | Property Value & History | OnTheHouse
OFF MARKET

38 O'Hanlon Place
Nicholls ACT 2913

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 21678m2
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Property Details for 38 O'Hanlon Pl, Nicholls

Building Type
Commercial
Land Size
21678m2
Local Government
Gungahlin
Lot/Plan
NICHOLLS: Block 5, Section 39

Last Listing description (October 2023)

Burgess Rawson & Civium Property Group are pleased to present 40 O'Hanlon Place, Nicholls ACT 2913 to the market for sale via Private Treaty.

The property has the following investment highlights:

+ Long 16 year net lease to 2033 plus options to 2043

+ Compounding 3.5% annual rent increases, ensuring rental growth
+ Substantial depreciation benefits plus stamp duty claimable
+ Modern purpose-built childcare centre licensed for 130 places
+ High income area: median household income 32% higher than the ACT average
+ Prime 2,760sqm* site within Gold Creek Village, a service centre boasting McDonald's, KFC and AMPOL as adjoining tenants
+ Strategically located off Barton Highway, exposed to 21,600 vehicles passing daily and growing
+ Canberra's population is set to swell by almost 10,000 people in the upcoming financial year, with the ACT on track to become the fastest-growing state or territory by 2026/27^^
+ Child Care/Early Education is an essential service and one of Australia's most sought-after asset classes; both the Federal and State Governments have allocated
unprecedented funding to support this sector. In 2022-2023, the Federal Government is projected to contribute $10.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Child Care Reform, which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^
+ Net Income $404,503* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx
^Australian Government - Department of Education | Child Care Subsidy Reform
^^Canberra City News

Property History for 38 O'Hanlon Pl, Nicholls, ACT 2913

A timeline of how this property has performed in the market
Listed for Rent
21 Jul 2021
  • 27 Sep 2023
    Listed for Sale Contact Agent
  • 05 Jun 2019
    Listed for Sale Not Disclosed
  • 05 Jun 2019
    Listed for Rent - Price not available
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About Nicholls 2913

The size of Nicholls is approximately 6.7 square kilometres. It has 13 parks covering nearly 51.5% of total area. The population of Nicholls in 2016 was 6865 people. By 2021 the population was 6680 showing a population decline of 2.7% in the area during that time. The predominant age group in Nicholls is 50-59 years. Households in Nicholls are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nicholls work in a professional occupation.In 2021, 84.10% of the homes in Nicholls were owner-occupied compared with 82.00% in 2016.

Nicholls has 2,500 properties. Over the last 5 years, Houses in Nicholls have seen a 32.93% increase in median value, while Units have seen a 33.52% increase. As at 28 February 2026:

  • The median value for Houses in Nicholls is $1,305,726 while the median value for Units is $850,162.
  • Houses have a median rent of $773 while Units have a median rent of $680.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Nicholls on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Nicholls.

Suburb Insights for Nicholls 2913

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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.