85 Anthony Rolfe Avenue, Gungahlin ACT 2912

Property Details: • Type: House

• Bedrooms: 6 • Bathrooms: 4

Description: Unlock the potential of a high-performing mixed-use property located in the thriving Gungahlin Town Centre. This exceptional asset seamlessly combines a secure commercial tenancy with spacious residential accommodations, presenting a dual-income opportunity that promises sustainability and outstanding long-term growth potential. Location Highlights: - Central Hub: Nestled in the heart of Gungahlin, this property benefits from its strategic location on Anthony Rolfe Avenue, a key artery in the region. The area is known for its accessibility and visibility, making it a prime choice for both businesses and residents. - Transport Links: Just a short stroll from the Light Rail Stop, residents and commercial tenants enjoy easy access to public transport, enhancing connectivity to Canberra's CBD and other major districts. This convenience is a significant draw for tenants, ensuring high occupancy rates. - Retail and Amenities: The property is surrounded by an array of national retailers, major banks, government services, diverse eateries, and health providers. Notable neighbors include Woolworths, Coles, Aldi, and Bunnings. The proximity to Gungahlin Marketplace and Gungahlin Village ensures that residents have access to shopping, dining, and entertainment options, contributing to a vibrant community atmosphere. - Community Growth: Gungahlin is one of Australia's fastest-growing districts, currently home to over 87,000 residents. The area has seen rapid development, with ongoing infrastructure projects and residential expansions, making this an ideal time to invest. Investment Potential: - Dual Income Streams: This mixed-use property leverages both commercial and residential income, providing investors with a balanced revenue portfolio. The commercial space offers stability with a lease in place, while the residential units provide flexibility and potential for rental increases. - Flexible Commercial Space: The commercial space can accommodate a variety of businesses, from retail to office, making it adaptable to changing market demands. This versatility is crucial in retaining quality tenants and ensuring steady cash flow. - Residential Appeal: With two residential units, this property caters to a diverse demographic, from young professionals to families. The ability to offer modern living spaces in a convenient location enhances tenant retention and attracts premium rent. Property Breakdown: - Commercial Tenancy (85 Anthony Rolfe Avenue): 65m² - Residential Unit (4 Huyer Street): 52.5m² - Residential Townhouse (85a Anthony Rolfe Avenue): 130.5m² - Double Garage (access from Huyer Street): 47.5m² Income Summary: - Residential Unit: $460 per week (month-to-month tenancy) - Residential Townhouse: $720 per week (month-to-month tenancy) - Commercial Space: $556 per week (lease expiring 27 June 2026) Total Annual Rent: $90,272.00 Conclusion: This property not only promises immediate income but also offers significant long-term growth potential in a rapidly evolving community. The combination of a prime location, diverse income streams, and a robust tenant market makes this a rare investment opportunity. Act now to secure your stake in Gungahlin's bright future! Investing in this mixed-use asset is not just about purchasing property; it's about capitalizing on a vibrant community poised for continued growth and success.