67 Anthony Rolfe Avenue
Gungahlin, ACT 2912

Overview

Mixed-Use Freehold Investment Dual Income Stream Gungahlin

67 Anthony Rolfe Avenue offers a unique opportunity to acquire a mixed-use freehold property located in one of Canberra's most rapidly developing town centres. This asset combines a leased commercial space on the ground floor with a spacious four-bedroom townhouse above, providing two separate income streams under a single title.

Situated strategically within the heart of the Gungahlin precinct, the property benefits from strong population growth driven by expanding residential developments and significant infrastructure investments. Its location offers excellent accessibility and convenience, being within walking distance to the Gungahlin Light Rail terminus and close to major shopping centres such as Gungahlin Marketplace and Village.

The surrounding area is anchored by prominent retailers including Woolworths, Coles, Aldi, and Bunnings, complemented by easy access to community services, medical facilities, cafes, and dining options. This central location supports both commercial activity and consistent residential demand, making it an attractive investment.

The commercial tenancy occupies 135 square meters on the ground floor and is currently leased to a massage business. The lease is secured until 14 March 2027, with an option to extend for an additional three years. The lease includes a 5% rent review, and the current annual rent is $61,321, providing stable medium-term income.

Above the commercial space is a four-bedroom townhouse spanning 188 square meters, with an additional 38 square meter garage. The residential component is leased by individual rooms, generating an estimated weekly income of $1,200, which approximates to $62,400 annually. This arrangement offers strong rental returns and flexibility for future leasing strategies.

Financially, the combined estimated income from both commercial and residential components is approximately $123,721 per annum. Outgoings include council rates of $26,096 annually. Notably, there are no strata fees, no stamp duty applicable due to the nature of the ACT commercial transaction, and no land tax, enhancing the investment's appeal.

This property presents a diversified investment opportunity within a single holding, balancing the security of a commercial lease with the cash flow benefits of residential rentals. Positioned in a high-demand location with strong surrounding residential density and retail amenities, it offers immediate income and potential for future growth.

Investors seeking a freehold mixed-use asset in Canberra's thriving Gungahlin town centre will find this property a rare and valuable prospect, combining strategic location, dual income streams, and long-term investment security.

Location