THE OPPORTUNITY

When sourcing a property for your portfolio, or to position your business, location is a critical part of the decision-making process.
Positioned in the heart of the ever-expanding town centre, we present to you an outstanding opportunity to invest in Uptown. Gungahlin is still one of Australia’s fastest growing regions and Canberra’s population is expected to reach in excess of 450,000 by 2022.
Natural growth will contribute to over 50% of the new population with interstate and overseas migration accounting for the balance. Many of these new residents will migrate to Gungahlin as their preferred location to live.
Canberra is seen as the most likely of the capitals to thrive in the coming months. With public sector employment and associated industry continuing to grow in the bush capital, these employees will take advantage of all Gungahlin has to offer, increasing demand for quality commercial space.
With the ACT government recommending more residential development in the East precinct (refer DV364) this property is perfectly located to take full advantage of the growth.

THE LOCATION

Situated in the popular Uptown development, the property offers a high exposure to passing traffic. The Blooming Buds early learning centre is housed within Uptown creating a constant flow of foot traffic to the building. Less than 300 metres walk is the heart of the town centre, the light rail and bus interchange. With residents above the unit and the East precinct in planning, now is the time to move on this outstanding space.

References
https://apps.treasury.act.gov.au/__data/assets/pdf_file/0005/1305581/ACT-Population-Projections-Paper-FINAL.pdf
https://www.smartpropertyinvestment.com.au/buying/21374-australia-s-next-booming-city-revealed
https://s3.ap-southeast-2.amazonaws.com/hdp.au.prod.app.act-yoursay.files/9215/6989/9762/Gungahlin_DV364.PDF