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Gungahlin will continue to be the boom area for new residential growth in the ACT this financial year, according to the Indicative Land Release Program announced with the recent Budget update.The northern area dominates the ACT Government land release program for 2020-21, delivering 45 per cent of the total number of dwellings expected to be built on blocks coming on to the market, as well as two new suburban commercial centres and land for a new school.The government released its Indicative Land Release Program in the recent Budget update, but only for 2020-21 instead of the usual four-year forecast due to the Budget delay until after the October election because of the pandemic.The government has taken the pandemic’s impact on migration and population growth, and the subsequent dampening of demand into account and this year’s release is about 1000 dwellings down on 2019-20.It shows 1368 dwellings are slated for Gungahlin out of a total of 3043 across the ACT, including the last release in Taylor, making up the single biggest number of dwellings at 588.Other releases are in Casey (100), Moncreiff (90), Throsby (82) and the new suburb of Kenny (100).In the Gungahlin Town Centre, 408 dwellings are expected, including a 23,000 square metre release for mixed-use development.In Moncreiff, more than 9000 square metres is listed for mixed-use development, as well as more than 15,000 square metres for commercial use. The Taylor release also includes more than 5100 square metres of commercial land.Land set aside for community use in Gungahlin amounts to nearly 79,000 square metres, comprising 6837 square metres in Throsby and 72,000 square meters in Kenny for a new school.<img alt="Taylor-3.jpg" class="richtext-image full-width" height="543" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/Taylor-3.width-800.jpg" width="800">In the other big greenfield area, the Molonglo Valley, 828 dwellings are envisaged, including 510 in the new suburb of Whitlam.The growing suburbs of Wright and Coombs can expect 123 and 195 dwellings respectively as well as more than 10,000 square metres and 12,000 square metres for mixed-used development.Coombs has nearly 3000 square metres listed for commercial use, while Wright, where residents are looking forward to a new community centre, has about 5000 square metres set aside for community use.A further 300 dwellings are set to be released in the new greenfield suburb of Strathnairn in West Belconnen, which is offering a diversity of land and housing types.Strathnairn is the first suburb to be developed as part of the Ginninderry development, a joint venture between the ACT Government and Riverview.Ginninderry is a six-star Green Star Community that will deliver a total of 11,500 new homes over the next 30 years as a cross-border development on land in the ACT and NSW.In the burgeoning Belconnen Town Centre, land for a further 500 dwellings will come on stream, with 20,000 square metres for mixed-use development.Other releases include 30 dwellings on 8000 square metres of community land in Calwell in the south and 17 in Oaks Estate on 4380 square metres slated for mixed-use development.The Budget update said the target for public, community and affordable housing was set at 302, made up of 53 new public housing dwellings, 10 new community housing dwellings and 239 individual dwellings dedicated for affordable home purchase to eligible low-income households.This is equal to 16.2 per cent of eligible residential sites planned for release in 2020-21, although Whitlam, Taylor and Throsby has been excluded from the target calculation as these suburbs already have an allocation of such dwellings from previous years. The government’s Affordable Housing Strategy has set an overall target of 15 per cent.An 18,000 square metre industrial site due for release is the last land available in the Hume industrial estate.Original Article published on <a href="https://the-riotact.com/booming-gungahlin-leads-way-in-trimmed-land-release-program/402048" rel="nofollow" target="_blank">The RiotACT</a>.

Booming Gungahlin leads way in trimmed land release program

More than eight years since the first proposal was submitted, construction is finally going ahead on the long-awaited Gungahlin cinema development.According to The RiotACT, <a href="https://the-riotact.com/construction-to-start-next-month-on-gungahlin-cinema-project/389040" rel="nofollow" target="_blank">the development is set to break ground next month after the appointment of a company to build the $15 million project</a>.The cinema will sit on the vacant block on the corner of Hinder and Efkarpidis Streets in the Gungahlin Town Centre, right next to Gungahlin Village.Construction company Construction Control, who have offices in Canberra, Sydney and Brisbane, will complete the development, with on-site preparations to start this month. Construction will then begin in August, with the project due to be completed in February 2022.Sitting right on the light rail line, the mixed-use development will comprise three ground-floor retail spaces, a ground floor cinema foyer and the cinemas upstairs, including six smaller cinemas with 187 seats, plus two larger cinemas with 270 seats. Cinemas will have a dress circle theatre layout, with recliner seats where patrons will be waited on with food on the lower level, and standard seating on the upper level.The new cinema complex will be operated by United Cinemas, who also have outlets in Avalon, Collaroy, Craigieburn, Eldorado, Katoomba, McGraths Hill, Narellan, Rockingham and Warriewood, with one also planned for Queanbeyan.The news will come as a relief for many Gungahlin residents, who have been long anticipating a local cinema complex since the ACT Government first called for expressions of interest back in 2012. Construction was meant to start in 2014, but was delayed due to legal action between Hoyts and United Cinemas, with United ultimately winning out.The cinema complex is the first stage of an overall mixed-use development on the Block 1 Section 12 site, which has sat undeveloped since the construction of Gungahlin Town Centre in 2004. Stage 2 on the northern corner of the block is subject to a separate DA, and will comprise two levels of offices plus a ground floor of retail shops and a café. Development on the eastern side of the block is yet to be determined.

Gungahlin is finally getting a cinema with construction starting soon

If you’re looking for spectacular apartment living, why not go straight to the top floor? These five penthouses, which are all available for sale right now on <a href="/">Zango</a>, boast spectacular views, spacious living, and enviable amenities.<h4><a href="https://zango.com.au/sale/115-3-london-circuit-canberra-act-2600-24597/" rel="nofollow" target="_blank">115/3 London Circuit, Canberra</a></h4>Perched on the 16th floor right in the heart of the city, this two-storey, four bedroom penthouse enjoys jaw-dropping views across the CBD and surrounding mountains. Entertaining will be a breeze in the large open plan living and dining area, which opens to extensive balcony areas. Whip up an impressive feast in the designer kitchen, which includes a full height wine fridge. And you can even offer your visitors a carpark downstairs - the penthouse comes with three of them. On the second level, the master bedroom includes a walk-in-robe and generous ensuite with a luxurious bathtub and private balcony, while the second bedroom also enjoys its own ensuite and private balcony. In the building, you also get to enjoy access to an indoor lap pool, spa, sauna, gym, barbecue area and central gardens.<h4><a href="https://zango.com.au/sale/7-state-circle-forrest-act-2603-25644/" rel="nofollow" target="_blank">7 State Circle, Forrest</a></h4><img alt="7 State Circle FORREST.png" class="richtext-image full-width" height="520" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/7_State_Circle_FORREST.width-800.png" width="800">Looking for an apartment that’s dripping with luxury? Try this four bedroom, three bathroom penthouse in Forrest. Sprawled over 232 square meters of indoor and outdoor living space, the architecturally designed apartment includes designer fittings and fixtures throughout, including European oak engineered timber floors, pure wool carpet, Italian marble splash backs, plus Villeroy and Boch tapware and ceramic ware. The dreamy kitchen features state-of-the-art appliances, including dual pyrolytic ovens, a warming drawer and a dual zone wine fridge. The master suite is like an indulgent retreat, with an opulent walk-in-robe and stunning ensuite, complete with a freestanding bathtub, dual basin vanity, underfloor heating, and a private balcony with views to Parliament House. The second bedroom also has its own walk-in-robe and ensuite, while the other two rooms are spacious. Looking for somewhere to store your most prized assets? 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Head upstairs to your own private rooftop sundeck, complete with plunge pool, plus a covered barbecue and outdoor kitchen area with plenty of space for entertaining.<h4><a href="https://zango.com.au/sale/72-5-kerridge-street-kingston-act-2604-22195/" rel="nofollow" target="_blank">72/5 Kerridge Street, Kingston</a></h4><img alt="72:5 Kerridge Street KINGSTON.png" class="richtext-image full-width" height="442" src="https://d2t3vhau9g43uy.cloudfront.net/media/images/725_Kerridge_Street_KINGSTON.width-800.png" width="800">Imagine waking up to this incredible view over Lake Burley Griffin every morning, straight from your bed. Set over two levels at the top of the prestigious Azure complex at the Kingston Foreshore, this spacious three-bedroom penthouse was originally built by the developer for himself, and includes unique finishes throughout. The main level combines living and dining, and large double-glazed doors slide back so the large balcony becomes an extension of the living room. 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View important property information for 274/87 Gozzard Street GUNGAHLIN, ACT 2912

274/87 Gozzard Street GUNGAHLIN, ACT 2912 is for Rent on Zango

Mark Nicholls

GUNGAHLIN

Gungahlin

ACT & Surrounds

Rent

Raine & Horne Commercial are pleased to exclusively offer Unit 274 'The Establishment' for lease.

The Establishment is a brand new mixed-use development by Geocon & Empire Global, situated on the edge of Gungahlin Town Centre; one of Australia's fastest growing regions.

The development comprises a total of 272 residential apartments and 3 ground floor commercial units. The ground floor commercial tenancies permitting a range of uses including shop, medical & restaurant. 

Each commercial tenancy is a regular shape with street exposure, has car parking on title, provisional points for services and access to the common amenities.

For further information, or to arrange an inspection, please contact Mark Nicholls of Raine & Horne Commercial on 0417 239 551.

Ground Floor Commercial Tenancy on Town Centre Fringe

Raine & Horne Commercial Canberra

Population in Gungahlin is 6134, with a median age of 31. This is way below the Canberra average of 40.5 and way below the national 41.6

Your new suburb is very young

Compared to other areas, families (65%) are over represented and the amount of singles lower than national average

Perfect? Families Agree

A majority of 40% live in a house. Households are 2.8 people on average, seems like Gungahlin is the place to go for spacious living!

It's spacious too

274/87 Gozzard Street GUNGAHLIN, ACT 2912

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274/87 Gozzard Street GUNGAHLIN, ACT 2912

Ground Floor Commercial Tenancy on Town Centre Fringe

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