Section 29 Block 3, Wright, ACT 2611

Burgess Rawson Canberra are pleased to exclusively offer for sale this extremely rare DA Approved Development and landholding.  Very rarely does a development of this significance come on the market in such a tightly held region.  Limited commercial opportunities available and with significant interest and a rapidly expanding population over the next 20 years assured, ensures you have a unique opportunity to capitalise on the immediate need of community and medical services.

The development includes two separate buildings, first a 112-place childcare centre pre-leased to an outstanding national educator; Edge Early Learning and the second a substantial 4 story modern architecturally designed medical building comprising of basement, community centre and the ability for specialists, hospital and a range of medical services. Perfectly located between Molonglo's first two suburbs, Wright and Coombs, and next door to the new KOKO mixed use development including Woolworths, BWS, Aldi, Capital Chemist and a range of commercial offerings.

Currently the immediate population sits at approximately 13,000 with expected growth to 83,000 in 2050. This centre will provide much needed infrastructure and community facilities to the rapidly growing population.   

Wright is a modern and rapidly developing suburb in the Molonglo Valley district of Canberra, ACT. Known for its contemporary housing, well-planned infrastructure, and emphasis on sustainability and community living, making it a desirable location for families, professionals, and nature enthusiasts. As one of the first suburbs developed in the Molonglo Valley, Wright is poised for further growth with plans for shopping centres, schools, and other essential services to enhance convenience and liveability. 

Accessibility is a significant advantage of living in Wright, with easy access to major roads and public transport options connecting residents to Canberra’s City Centre, Woden Town Centre, Belconnen, and other parts of Canberra, ensuring convenient commuting to workplaces and educational institutions.

Highlights:

+ DA Approved Development
+ National Childcare Group Commitment
+ Significant Medical Interest
+ DA Approved 112 place childcare centre
+ Large 5,363.4sqm of GFA
+ Town Centre Announced for Molonglo
+ Huge Population Growth
+ Minimal Competition
+ 4,783sqm Land Holding

Childcare Net Income: $448,000 pa + GST
Medical Indicative Income: $1,700,000 pa + GST

For Sale by Expression of Interest
Offers Closing 4pm AEST Friday the 12th of July 2024

For more information please contact Guy Randell on 0430 272 999 or James Baker on 0421 863 040