225 Gorman DriveGoogong NSW 2620
Property Details for 225 Gorman Dr, Googong
Last Listing description (September 2018)
Brand new 15 year lease to April 2033, plus 4 x 5 year options to 2053.
Property 100% leased to Our Place Education Services, an experienced and qualified operator.
Newly constructed and highly engineered quality childcare centre licensed for 100 places with over 160 applications awaiting opening in May 2018.
Location, Location, Location - Opposite private K-12 school and also future government public school.
Within Googong, a growing community in the Queanbeyan region, close to Canberra s CBD.
Queanbeyan is home to a strong and growing residential population of 57,331, expected to grow over 37% to 78,756 by 2036 (ABS, Forecast.id).
Googong is a brand new master planned township which will be home to 18,000 people.
Located in Googong North Village, with residential apartments and retail anchored by IGA, Domino s, Chemist, Doctors, Dentist, Liquor, Gym, and others.
Burgess Rawson managed tenanted investment.
Tenant pays all usual outgoings as per lease, plus insurance and management costs.
Guaranteed rental growth with 3.5% annual rent increases.
Significant tax depreciation benefits.
Net Income: $360,000 pa + GST (rising to $582,730 pa + GST by 2033).
Price Guide: circa 6% net yield.
*Agent declares interest
Property History for 225 Gorman Dr, Googong, NSW 2620
- 31 Mar 2018Listed for Sale Not Disclosed
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0About Googong 2620
The size of Googong is approximately 74.2 square kilometres. The population of Googong in 2016 was 2690 people. By 2021 the population was 7444 showing a population growth of 176.7% in the area during that time. The predominant age group in Googong is 30-39 years. Households in Googong are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Googong work in a professional occupation.In 2021, 80.40% of the homes in Googong were owner-occupied compared with 90.10% in 2016.
Googong has 4,642 properties. Over the last 5 years, Houses in Googong have seen a 33.82% increase in median value, while Units have seen a 44.11% increase. As at 31 July 2026:
- The median value for Houses in Googong is $1,091,999 while the median value for Units is $715,402.
- Houses have a median rent of $830 while Units have a median rent of $600.
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