50 Curran Drive,
Nicholls, ACT 2913

Unit 3, 50 Curran Street represents an outstanding opportunity for the astute investor to secure a fully leased commercial investment within the rapidly expanding Gungahlin region.

The Gungahlin region is the fastest growing area within the ACT and numerous residential suburbs have been recently completed or are currently under construction. In 2013-2014 Gungahlin was responsible for 71% of the total growth in the Territory and with the recent announcement of approval for Canberra’s first ever metro rail project - which will link the Gungahlin Town Centre with the Canberra CBD – Gungahlin is expected to continue its unprecedented expansion.

Unit 3 is located within the tightly held Gold Creek Country Club complex, Nicholls and is approximately 7km from the Gungahlin Town Centre. This 734m² indoor recreation unit is leased to The Club Group who have over 4 years remaining on their lease plus a further 5 year option. The Club Group - operating as Club Lime - have a strong tenant profile and currently feature 17 health clubs across the ACT and NSW.

Unit 3 has a net passing income of approximately $147,924 + GST p.a. and features annual increases of CPI. There is excellent on-site parking for approximately 130 cars in the direct vicinity and neighbouring tenants include a childcare, indoor swimming school and a new indoor sports centre which is currently under construction.