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Commercial Property

15 Torrens Street

15 Torrens Street, Braddon ACT 2612, Australia

- Parking
1196 m² Land size
- Internal area
$3,750,000 Last sale

Property Information

Business Name
Construct Wealth - Independent Financial Advice
Business Type
Consultant
Status
Operational

About this commercial property

15 Torrens Street in Braddon, Australian Capital Territory sits on a 1,196 m² land parcel and is occupied by Construct Wealth – Independent Financial Advice, a consulting firm. The property sold for $3,750,000 on 14 Jul 2023, providing a sizable site for professional service operations.

Sales history

EventDatePricePrice per m²
SoldJul 2023$3,750,000$3,135

Price per m² based on land size of 1196 m².

Key details

Locality
Braddon
State
ACT
GNAF PID
GAACT714873824
Legal parcel ID
CANB/BRAD/29/4
Remoteness area
Metro
Property type
Commercial
Land size
1196 m²
Internal area
-
Land Use Category
Commercial

Frequently asked questions

What is the size of the land and the current usable floor space for this property?

The site sits on 1,196 m² of land and is currently occupied by Construct Wealth – Independent Financial Advice, indicating the building footprint utilizes the available land. Specific interior floor area details are not provided.

What zoning regulations apply to 15 Torrens Street and what development is permitted?

The property is located in the mixed‑use zone south of Haig Park between Mort and Torrens streets. Development is permitted for mixed‑use buildings with a maximum height of 16 m (about 5 storeys) facing Torrens Street.

How accessible is the location in terms of public transport and nearby amenities for a business?

The site is within 0.3‑0.4 km of hotels, cafes, and the Ainslie Arts Centre, and only 0.4 km from the Elouera Street Metro station, offering strong pedestrian and public‑transport access for staff and clients.

What types of businesses operate in the Braddon commercial area and is this property suitable for professional services?

Braddon's commercial strip hosts art galleries, restaurants, cafés, bars and service agencies. The existing occupant is a financial consultancy, showing the precinct is well‑suited to professional and advisory businesses.

What nearby facilities could support a consultancy or professional office?

Nearby amenities include several cafés such as Gus’s, multiple hotels (Avenue Hotel, Mantra on Northbourne, Midnight Hotel), and the Ainslie Arts Centre, providing convenient options for meetings, client hospitality and staff breaks.

Are there any heritage or planning constraints that could affect redevelopment?

While the property is close to the Braddon Garden City heritage precinct, it is not itself heritage listed. Redevelopment must adhere to the mixed‑use zoning and height limits rather than heritage‑specific restrictions.

What are the height restrictions for new developments on Torrens Street?

Planning guidelines allow a maximum building height of 16 m (approximately 5 storeys) for structures fronting Torrens Street.