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Colliers - Sydney

Googong Town Centre Wellsvale Drive Googong, NSW 2620

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Googong Town Centre Wellsvale Drive,
Googong, NSW 2620

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Colliers - Sydney
Marcus Allchin

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
04044640...
Colliers - Sydney
Googong Town Centre Wellsvale Drive
Googong, NSW 2620

Map of Googong Town Centre Wellsvale Drive

Directions
  • Bus stops within 5 km of Googong Town Centre Wellsvale Drive, Googong, NSW 2620Distance
    The Anglican School Googong, Gorman Dr638 m
    Beltana Park, Beltana Av923 m
    61 Tempe Cres3.5 km
    185 Wickerslack Lane3.9 km
    Bicentennial Dr at Nicholii Loop3.9 km
    POWERED BY HERE ©
POWERED BY HERE ©

Be a part of this award winning master-planned development

  • 1.184 hectares
  • 400-1,000sqm* vacant retail
  • Completion estimated Q2 2025
This is an exceptional leasing opportunity in the heart of the award-winning Googong master-planned township valued at $1.8 billion. 

The 1.184-hectare Googong Retail Development Site is zoned E1 Local Centre (formerly B2), allowing for various business ventures including: childcare, fuel, fast food, LFR, hardware, landscape & building supplies, plant nurseries, timberyards, veterinary clinics, vehicle repair station, specialised retail and sales or hire premises.

With completion estimated in Q2 2025, approximately between 400 - 1,000sqm* of specialised retail is available. The location is central, adjacent to the future town centre, and close to the main entry point of the Googong Central neighbourhood off Old Cooma Rd, bounded by Golden Way, Wellsvale Drive, Observer Street, and Glenrock Drive. Strong spending growth is forecasted due to the township's thriving population growth.

Googong Central Town Centre is the community hub for the award - winning master-planned community. Fully developed, the precinct is expected to contribute $185 million per annum to the retail industry, generating hundreds of local jobs, over 600 flow-on jobs in nearby Queanbeyan and more than 500 fulltime construction positions each year.

Trade Area/Population Growth 
9,697 people in 2022 and forecast to grow at an average annual rate of 6.1% to 21,017 people in 2035. 

Trade Area/Expenditure Growth
$205 million in 2022 and forecast to grow at an average annual rate of 11.2% to $590.4 million in 2032.

Strong MTA Retail Expenditure Driven by Population Growth
Spending in the catchment is forecast to grow by $151.1 million in the five years from 2022 to 2026 and a further $168 million by 2023. 

Property ID: 504337280Last Updated: 20 Feb 2024

Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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