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Giralang ACT 2617
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TP Dynamics Pty Ltd

Giralang ACT 2617

  • Shop & Retail
  • 67 - 570 m²
  • For Sale, $603,000 - $4,845,000 (excl. GST)

G+ Close to completion, visit us today - make an appointment

    About TP Dynamics
    As a transformational force driving positive change in Canberra, TP Dynamics has been actively enhancing the city's commercial landscape since 2015. Central to our mission is the belief that urban revitalization is pivotal in elevating Canberra into a world-class capital city.

    Renowned for our commitment to delivering on our promises and our track record of successfully tackling high-profile projects, TP Dynamics invites you to join us in our journey to upgrade and beautify the vibrant city of Canberra.

    About Giralang
    The street names of Giralang are taken from First Nations and English words for stars, constellations, and astronomers. As Giralang's newest star, G+ will draw the community together and provide a level of amenity the neighbourhood has not experienced in many years.

    TPD took over the site in 2023 and is proceeding with the approved design. We are excited to restart the project and most importantly, to bring it to completion for the residents of Giralang, surrounding suburbs and the wider community.

    G+ is already garnering much local support, which is sure to benefit any business who chooses to call this space their new home. The ground floor tenancies will become an integral part of the day-to-day life of the suburb both for G+ residents and the wider neighbourhood.

    Commercial viability
    G+ reinstates a local centre to Giralang which has been absent for over 18 years. The site has good community infrastructure through the adjoining Giralang Primary School and associated early learning centre. The Giralang District Playing Fields have four soccer pitches and an AFL oval used by local sporting clubs.

    In 2021, Giralang residents spent an estimated $24.4 million on food and grocery. By 2023, the potential first year of opening of a Giralang supermarket, spending will be approximately $25.62 million. From 2021 to 2027, the projected growth in the spending market is an average of 3.4% per annum.

    Giralang offers an attractive business proposition
    The Giralang Shops site is an established community precinct based around a primary school, childcare and fuel outlet. The area has been without a local shopping facility for many years and given the established and older population base, a modern centre backed by a strong operator should be well received by local residents.

    The area is an attractive leafy suburb of well-maintained homes with a high proportion of families with children.

    The contemporary design and simple layout with convenient onsite parking will contrast with the aging and busy Kaleen Centre and the multi-level parking at Belconnen. There has been little change in supermarket floorspace in the wider Belconnen area for many years. The development will change perceptions of the area and draw people in from outside the suburb.

    The development provides leasing opportunities for supporting shops and services to co-locate with the supermarket.

    About G+
    G+ is a transformative development set to invigorate Canberra's commercial scene, featuring a ground-floor retail space divided into seven tenancies, offering a diverse mix of retail options ranging from supermarkets to restaurants, cafes, and retail services. Above ground level, the four floors house 50 one, two, and three-bedroom apartments.

    Exciting news! With the majority of construction now finalised, we are gearing up to settle the property in the upcoming months. Interested parties are invited to schedule a physical inspection at their convenience to witness firsthand the exceptional quality and appeal of G+.

    Uses for the retail space:
    Food and beverage
    Retail
    Community
    Medical centre
    Supermarket
    Office

    Retail units available at G+
    U1 600 m2 LEASED
    U2 130 m2
    U3 92 m2 Under offer
    U4 117 m2 LEASED
    U5 67 m2
    U6 305 m2 Under offer
    U7 570 m2 under offer

    Property Highlights

    Floor Area67 - 570 m²
    Land Area5,196 m²
    Parking50 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019216206
    Category
    Last updated  1 May 2024
    Map for Giralang ACT 2617

    Property Highlights

    Floor Area67 - 570 m²
    Land Area5,196 m²
    Parking50 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019216206
    Category
    Last updated  1 May 2024
    Level 3 56/11 Thynne Street Bruce ACT 2617

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