108 Northbourne Avenue, Braddon ACT 2612, Australia
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Built | Unknown | — |
The property is occupied by Madison Capital Executive Apartments and operates as a hotel. It is an active, revenue‑generating hospitality business.
Land adjoining Northbourne Avenue is zoned for high‑density residential development, permitting redevelopment up to 25 metres (about eight storeys) or 32 metres at corner sites. Mixed‑use options are also allowed, making the site suitable for expanded hotel or serviced‑apartment projects.
The premises are within walking distance of two Canberra Metro stations – Elouera Street (≈0.2 km) and Ipima Street (≈0.5 km). Major arterial roads, including Northbourne Avenue itself, provide direct vehicle access to the Canberra CBD.
The site is surrounded by hospitality businesses such as Capital Executive Apartment Hotel, Pacific Suites Canberra, and the Avenue Hotel (all within 0.5 km). Nearby entertainment venues, cafés, restaurants on Lonsdale Street and Haig Park (≈0.1 km) also attract guests.
Braddon is an inner‑north suburb adjacent to the Canberra CBD, known for its vibrant entertainment precinct, art galleries, cafés, and bars. The dense, youthful population and strong professional demographic make it a high‑traffic location for hotels.
In addition to the nearby Metro stations, the property benefits from easy road connections to the CBD via Northbourne Avenue and is close to major bus routes serving the city centre and surrounding suburbs.
The area includes several heritage‑listed sites, such as the Braddon Garden City precinct and the former Coggan’s Bakery, but the specific parcel on Northbourne Avenue is zoned for modern mixed‑use and high‑rise development, allowing considerable flexibility for hotel expansion.
