Unit 3, 50 Curran Street represents an outstanding opportunity for the astute investor to secure a fully leased commercial investment within the rapidly expanding Gungahlin region.
The Gungahlin region is the fastest growing area within the ACT and numerous residential suburbs have been recently completed or are currently under construction. In 2013-2014 Gungahlin was responsible for 71% of the total growth in the Territory and with the recent announcement of approval for Canberra s first ever metro rail project - which will link the Gungahlin Town Centre with the Canberra CBD Gungahlin is expected to continue its unprecedented expansion.
Unit 3 is located within the tightly held Gold Creek Country Club complex, Nicholls and is approximately 7km from the Gungahlin Town Centre. This 734m indoor recreation unit is leased to The Club Group who have over 4 years remaining on their lease plus a further 5 year option. The Club Group - operating as Club Lime - have a strong tenant profile and currently feature 17 health clubs across the ACT and NSW.
The size of Nicholls is approximately 6.7 square kilometres. There are 13 parks, covering nearly 51.5% of the 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 14.32% increase in median value, while Units have seen a 27.66% increase. As at 30 June 2026:
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