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Googong Convenience Centre Wellsvale Drive
Googong NSW 2620
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Sold on 7 Nov 2024

Googong Convenience Centre Wellsvale Drive Googong NSW 2620

  • Shop & Retail
  • 2,804 m²
  • Sold

Brand New NSW Convenience Retail Centre in the Heart of a Master-Planned Community

  • High Profile National Tenants including
  • Annual Fixed Rental Reviews from 3-3.5%
  • Potential Depreciation Benefits

Colliers, on behalf of Stevens Group, are excited to offer for sale Googong Convenience Centre, which upon completion, will be strategically located in the heart of Googong Town Centre, located 16* kilometres southeast of Parliament House and 8* kilometres south of Queanbeyan.

Googong Convenience Centre will occupy a prominent 1.180-hectare retail site within the $1.8 billion Mirvac and PEET master-planned Googong community³. The Town Centre will also include a DA approved Coles anchored Neighbourhood Centre, local Pub, future residential developments and proposed Googong High School.

Consisting of a McDonalds, KFC, 7-Eleven, Aspire Early Learning, and The Reject Shop, Googong Convenience Centre will provide essential retail amenity to a currently under-serviced catchment. Whist the catchment relies heavily on motor vehicles, with the average number of vehicles per dwelling being 2.1, there are currently no service centres within 5km and limited takeaway and fast-food options.

Googong is an affluent suburb with an average weekly household income of $3,363, 59% above the New South Wales average, whilst 84.7% of residents are in the labour force, 71.3% working full-time² and there is strong pent-up demand for high quality convenience retail offerings that will be met by Googong Convenience Centre.

• Annual average population growth of 5.3% until 2036¹
• Googong's average weekly household income is 59% higher than the New South Wales average²
• Under-serviced catchment with significant retail demand

Expressions of Interest closing 2:00pm (AEST) on Wednesday, 11 September 2024

¹ Deep End Services Report July 2023
² ABS
³ Mirvac
*approx.

Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold7 Nov 2024
Floor Area2,804 m²
Land Area1.18 ha
ParkingAsk Agent
Property ID2019422186
Category
Last updated  7 Nov 2024
Map for Googong Convenience Centre Wellsvale Drive Googong NSW 2620

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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold7 Nov 2024
Floor Area2,804 m²
Land Area1.18 ha
ParkingAsk Agent
Property ID2019422186
Category
Last updated  7 Nov 2024

Co-Agents

James Wilson
James Wilson
Colliers International - Sydney
Call
+61 402 079 304
Colliers International - Sydney
Call
+61 432 344 684
Ben Wilkinson
Colliers International - Sydney
Call
+61 449 928 840

More about Googong Convenience Centre Wellsvale Drive Googong NSW 2620

Googong Convenience Centre Wellsvale Drive Googong NSW 2620 is categorized as Shop & Retail Property. It has a floor area of 2,804 m² and a land area of 1.18 ha. The listing ID for this property is 2019422186.

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