SOLD
Sold on 22 Dec 2023 for $1,100,000

4/189 Gorman Drive
Googong NSW 2620

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 87m2
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Property Details for 4/189 Gorman Dr, Googong

Building Type
Commercial
Year Built
2018
Land Size
87m2
Local Government
Queanbeyan-Palerang Regional
Lot/Plan
4/SP97515

Last Listing description (January 2019)

Outstanding Long Term Lease to ASX listed Domino's.
High volume brand new store in key catchment area.
Long term lease out to 2027 with options out to 2037.

Large depreciation with substantial vendor fit out works of $187,000.
ASX listed parent company lease to Domino's Australia.
Brand new with large vendor contribution
Large shopping centre parking
Net Lease with all outgoings by tenant (including land tax)
Outstanding 4% annual increases
$54,000 net rent
Highly sought after location by Domino's
Located in brand new shopping centre with IGA, Club Lime, Hairdresser, Cafes, Childcare Centre, Allied Health Centre and Pharmacy, Bakery. In key Canberra/Queanbeyan suburb with population growing to 18,500.

Property History for 4/189 Gorman Dr, Googong, NSW 2620

A timeline of how this property has performed in the market
Last Sold
$1,100,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $1,100,000
  • 04 Dec 2018
    Sold for $960,000
  • 30 Oct 2018
    Listed for Sale Not Disclosed
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About Googong 2620

The size of Googong is approximately 74.2 square kilometres. The population of Googong in 2011 was 1,121 people. By 2016 the population was 2,718 showing a population growth of 142.5% in the area during that time. The predominant age group in Googong is 0-9 years. Households in Googong are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Googong work in a professional occupation. In 2011, 90.2% of the homes in Googong were owner-occupied compared with 90.1% in 2016.

Googong has 4,285 properties. Over the last 5 years, Houses in Googong have seen a 48.77% increase in median value, while Units have seen a 81.73% increase. As at 31 October 2024:

  • The median value for Houses in Googong is $1,040,811 while the median value for Units is $720,007.
  • Houses have a median rent of $800 while Units have a median rent of $580.
There are currently 34 properties listed for sale, and 7 properties listed for rent in Googong on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Googong.

Suburb Insights for Googong 2620

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.