Googong Town Centre Wellsvale Drive Googong NSW 2620

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.