FOR RENT
By Negotiation

3 Gornall Street
Wright ACT 2611

Bedrooms: -
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Land area: 75m2
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KOKO development retail units

Koko development is the prominent commercial center in Wright is now offering its final release. With approximately 20,000 residents currently residing in the catchment area, projected to increase to over 55,000 in the future, now is the ideal time to secure a site.
Featuring Anchor tenants: Woolworths, BWS and Aldi supermarket. other confirmed tenant including Pharmacy, Asian grocery, cafe, barber, bike shop and dentist. With these essential services and diverse retail options available at the doorstep, life at Koko promises unparalleled convenience.
Most tenancy featuring high ceiling heights ranging from 5 to 7 meters, access to grease trap and ventilation.
Available tenancies at Koko are as follows:
Ground floor of the main building:
Shop 1: 190sqm
Shop 9: 195sqm

Property Details for 3 Gornall St, Wright

Building Type
Commercial
Land Size
75m2

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About Wright 2611

The size of Wright is approximately 1.3 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Wright in 2011 was 490 people. By 2016 the population was 2,751 showing a population growth of 461.4% in the area during that time. The predominant age group in Wright is 20-29 years. Households in Wright are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wright work in a professional occupation. In 2011, 46.4% of the homes in Wright were owner-occupied compared with 76.8% in 2016.

Wright has 2,036 properties. Over the last 5 years, Houses in Wright have seen a 41.90% increase in median value, while Units have seen a 29.27% increase. As at 30 November 2024:

  • The median value for Houses in Wright is $1,079,511 while the median value for Units is $527,600.
  • Houses have a median rent of $653 while Units have a median rent of $558.
There are currently 12 properties listed for sale, and 7 properties listed for rent in Wright on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Wright.

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Steven Shang
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