SOLD
Sold on 10 Jul 2024 for $520,000

1/6 Gwydir Square
Kaleen ACT 2617

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1651m2
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Property Details for 1/6 Gwydir Sq, Kaleen

Building Type
Commercial
Land Size
1651m2
Local Government
Belconnen
Lot/Plan
KALEEN: Block 6, Section 120, Unit 1

Last Listing description (October 2024)

LJ Hooker Commercial Canberra is pleased to exclusively offer For Sale, Unit 1, Kaleen Shopping Centre Gwydir Square Kaleen

Acacia Hair & Beauty, a long-standing Kaleen business occupies Unit 1 on a new 5+5-year lease from 1 November 2023 and is responsible under the lease for 100% of the outgoings on this unit.

Unit 1 is approximately 51sqm and is one of eight units in this vibrant local shopping centre with a diverse range of tenants including a Supaexpress Farmers Market, pharmacy, cafe, restaurant, pizza & snack bar, dentist and reading clinic.

The area immediately adjacent to this unit recently underwent a significant transformation with the ACT Government undertaking a major upgrade to this local centre including new seating, shaded structure, new accessible public toilet block and upgraded lighting, landscaping, and public parking arrangements.

This very popular local shopping centre is highly visible to passing traffic and located just off Maribyrnong Avenue adjacent to the Ampol Service Station and the Maribyrnong Primary School. The property is approximately 10 minutes drive to Belconnen Town Centre and less than 15 minutes drive to the CBD.

Unit 1, Kaleen Shopping Centre is now available For Sale via Offers to Purchase with a Price Guide of $550,000+. The sale price on this property will fall below the ACT Stamp Duty Threshold making the transaction Stamp Duty Exempt.

Do not miss this rare retail investment opportunity, contact the Exclusive Selling Agents Today.

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Property History for 1/6 Gwydir Sq, Kaleen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$520,000
10 Jul 2024
  • 10 Jul 2024
    Sold for $520,000
  • 24 Nov 2023
    Listed for Sale Under Contract
  • 19 Mar 2003
    Sold for $175,000

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About Kaleen 2617

The size of Kaleen is approximately 6 square kilometres. It has 16 parks covering nearly 31.6% of total area. The population of Kaleen in 2011 was 7,313 people. By 2016 the population was 7,258 showing a population decline of 0.8% in the area during that time. The predominant age group in Kaleen is 60-69 years. Households in Kaleen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kaleen work in a professional occupation. In 2011, 75.3% of the homes in Kaleen were owner-occupied compared with 74.6% in 2016.

Kaleen has 2,971 properties. Over the last 5 years, Houses in Kaleen have seen a 38.40% increase in median value, while Units have seen a 60.96% increase. As at 30 November 2024:

  • The median value for Houses in Kaleen is $990,416 while the median value for Units is $658,914.
  • Houses have a median rent of $675 while Units have a median rent of $595.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Kaleen on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Kaleen.

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