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Sentia Real Estate - GRIFFITH

2 Ibbott Lane Belconnen, ACT 2617

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2 Ibbott Lane,
Belconnen, ACT 2617

Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting

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Map of 2 Ibbott Lane

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New Belconnen Retail Centre

  • Construction Almost Finalised
  • Commence Trading Late 2020
  • Join Prominent National Retailers
This prominently positioned retail centre sits opposite Bunnings and across the laneway from Belconnen Fresh Food Markets, at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane.

As the first stage of a major redevelopment proposed for the precinct, occupiers will have unrivalled exposure right in the heart of Canberra's most populous Town Centre. The traffic flow alone through the intersection of Belconnen Way and Lathlain Street exceeds an average of 28,000 cars per day.

Belconnen's collection of suburbs are underpinned by a strong and financially stable catchment area comprising:

- Main trade area large format retail expenditure $832m p.a.
- Main trade area population in 2017 of 240,043
- Dominated by younger Australian families with a higher than average income*
- Main trade area spending per capita is 24% higher than the Australian average benchmark of $3,466 p.a.

2 Ibbott Lane is slated for completion at the end of 2020, and offers the following:

- Traffic on Belconnen Way averages 28,000 cars per day
- Total Gross Lettable Area (GLA) is 3,883m2
- Largely pre-committed by a National Tenant Profile

Development profile:
- 350m2 up to 1,824 remaining for lease
- 118 car parking spaces on site
- Adjacent to the Belconnen Fresh Food Markets and Bunnings

All tenancies are offered with street frontage and branding exposure from Lathlain Street and/or Ibbott Lane. The property also has huge exposure to Belconnen Way, the major arterial route connecting Belconnen to Civic.

With dominant, national retailers Chemist Warehouse, Petbarn and Toy World already pre-committed, along with boutique local gym Elements4Life, 2 Ibbott Lane offers Belconnen's most exciting new build in recent years.

For additional information, or to arrange a site inspection, please contact exclusive leasing agents Belle Property Retail Canberra or Sentia Real Estate.

Property ID: 503669578Last Updated: 27 Apr 2023

Sentia Real Estate - GRIFFITH

Lvl 1/14 Barker Street
GRIFFITH, ACT 2603
Sentia Real Estate - GRIFFITH
2 Ibbott Lane
Belconnen, ACT 2617
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