Tuggeranong

Project Description

The property is located in the Tuggeranong town centre, approximately 16 kilometres south of the Canberra city centre. Frontages are to Anketell, Oakden and Sheerin Streets. The Tuggeranong district includes a number of suburbs which form the southern end of the Canberra metropolitan area. The town centre comprises a number of retail premises including a Grace Bros department store, Kmart discount department store, Coles and Woolworths supermarkets and a variety of specialty shops. There is also a number of secondary retail facilities surrounding the property. A major bus depot is situated just west of the property on the west side of Scollay Street. The surrounding residential areas include a mixture of conventional home lots and medium density multi unit housing, interspersed with significant areas of public open space and nature parks. A feature of the area is Lake Tuggeranong, just north of the town centre.

Land area

27,630 m²

The total GLA/retail area

11,857 m²

Lease Commencement Date

1/12/1998

Total Property Cost

$9,195,321

Current valuation

$30,800,000

Annual Rent

$1,847,740

Project Location

Show map
...