The historic Rose Cottage site in Gilmore is being subdivided for sale as a going concern and development opportunity for an adjacent service station and fast food outlet.
Originally part of Andre Cunningham’s Tuggeranong Station, the 3ha site on the corner of the Monaro Highway and Isabella Road consists of the Old Rose Inn, including two existing heritage buildings and grassed and landscaped areas, along with other substantial infrastructure such as internal roads and services.
The property is in the process of being subdivided into two parcels, with the Rose Cottage business owners continuing their tenancy on Block A and and Block B being able to be developed as a service station and fast food outlet.
Director of Luton Properties Tuggeranong, Christine Bassingthwaighte, said it was a golden opportunity for someone who wanted to develop that land into a service station.
“When you look at what is available in the Tuggeranong Valley there certainly is a need for an extra service station because there is not too many on that side of the road, especially when heading up to the snow or coming back from Sydney,” she said.
“Rose Cottage is quite a viable business, they can have the benefit of that as well.”
Ms Bassingthwaighte said the land would suit someone who could see the potential of the Valley, which was growing.
She had already fielded many inquiries from interstate investors who specialise in developing service station sites.
The owner would also consider a proposal for any service centre development to be leased from him.
The land is being offered for sale by private negotiation and there is no price guide.
It is not the first time a service station has been proposed for the site with development plans lodged in 1989 for dual service centres and a bridge over the highway.
Interested parties can contact Ms Bassingthwaighte on 0428 139 969 or via email: email@example.com