FOR SALE
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Hurtle Avenue
Bonython ACT 2905

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Multiple Units in Busy Southside Village Centre

Raine & Horne Commercial are now pleased to offer Units 15-18 Bonython Shops for sale / lease.
Located just 2km from Tuggeranong Town Centre and situated directly adjacent to Bonython Primary School, this small but mighty local shopping centre services the significant catchment of 4,000+ residents from Bonython and the surrounding suburbs.
• Units 15, 16 & Part 17 (approx. 205sqm) are currently vacant. This ground floor tenancy was formerly occupied by a grocery store (trading as Bonython Express Supermarket and Local Liquor. The premises currently comprises a full supermarket fit-out including counters, shelving, cool room, fridges, etc. and even some leftover stock. These items can be provided to the incoming tenant or cleared out if required.
• Part 17 (approx. 53sqm) is leased to Abbey's Island Taste on the below terms:
- Lease Commencement: 1 May 2023
- Lease Term: 3 years
- Commencing Rent (pa ex GST): $17,454pa +GST
- Option Periods: 2 years
- Rent Review Structure: 3% per annum
• Unit 18 (approx. 86sqm) is also vacant with a hairdresser fitout in place.
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Property Details for 15-18/70 Hurtle Ave, Bonython

Building Type
Commercial

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About Bonython 2905

The size of Bonython is approximately 2.9 square kilometres. It has 10 parks covering nearly 48.7% of total area. The population of Bonython in 2011 was 3,838 people. By 2016 the population was 3,786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bonython is 50-59 years. Households in Bonython are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bonython work in a professional occupation. In 2011, 64% of the homes in Bonython were owner-occupied compared with 65.8% in 2016.

Bonython has 1,598 properties. Over the last 5 years, Houses in Bonython have seen a 36.02% increase in median value, while Units have seen a 49.54% increase. As at 30 November 2024:

  • The median value for Houses in Bonython is $938,634 while the median value for Units is $730,704.
  • Houses have a median rent of $620 while Units have a median rent of $588.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Bonython on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Bonython.

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Mark Nicholls
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Cody Edwards
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Raine & Horne Commercial Canberra
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