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The Canberra Times
The Canberra Times
Brittney Levinson

Aldi Gungahlin Square to close this year as the supermarket moves

Aldi Gungahlin Square will close its doors this year and move to a new location. Picture supplied

Supermarket retailer Aldi has listed its Gungahlin Square store for sale in preparation for its relocation later this year.

The property at 120/43 Hibberson Street is expected to fetch more than $7 million.

But fear not, Gungahlin residents, Aldi is moving to a brand-new space nearby.

The supermarket will reopen in Marketplace Gungahlin, as part of the shopping centre's $60 million expansion confirmed in September 2022.

Aldi will join Chemist Warehouse and 17 other new retailers that are poised to open this year.

The property is for sale with Ray White Canberra Commercial. Picture supplied

An Aldi spokesperson confirmed the move will take place later this year.

"Gungahlin locals will be able to continue enjoying our high-quality and unbeatable value undisrupted in the brand-new store, which will feature a number of innovations, offering an enhanced shopping experience for customers," the spokesperson said.

"All our employees at the current Gungahlin store will be offered positions at the new Gungahlin Marketplace store."

The supermarket will relocate practically across the road. Picture supplied

Ray White Canberra Commercial is leading the expressions of interest campaign for the Gungahlin Square site.

Selling agent Steven Shang said it was a unique opportunity for an investor, as most retail spaces were owned by institutions such as shopping centres.

"Pretty much there's no strata-titled units to purchase in that sort of size [in Canberra]," he said.

"So there's an opportunity for private investors to buy something in that large size and find a long-term national tenant to service the lease."

The property spans 1326 square metres in the heart of Gungahlin Town Centre and includes nearly 100 underground car parks.

Mr Shang said the store also included a loading area and had a flexible layout to suit a range of tenants, such as a supermarket, electronic or home appliance retailer.

Expressions of interest close on April 27.

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