Braddon ACT 2612, Australia
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 10 May 2009 | $2,900,000 | $530 |
| Sale | 28 Jan 1998 | $1,500,000 | $274 |
Price per m² based on land size of 5462 m².
The property sits on a 5,462 m² land parcel. This provides ample space for the current condominium complex and potential future development
Land adjoining Northbourne Avenue is zoned to allow redevelopment of up to 25 m (about 8 storeys) or 32 m (about 11 storeys) at corner sites, with mixed‑use developments permitted to 22‑30 m in the surrounding area. This provides flexibility for higher‑density or mixed‑use projects
The site is less than 0.3 km from the Macarthur Avenue light‑rail station and about 0.4 km from the Ipima Street Metro station. Northbourne Avenue also offers major road access and a bus shelter at Cowper Street within 0.9 km
The surrounding commercial strip includes art galleries, cafés, mid‑market restaurants, boutique retail shops, a Centrelink office and several car‑rental agencies. This mix creates a vibrant environment that supports retail, hospitality and service‑oriented businesses
Yes, the premises are currently occupied by "Today's Plan", which operates as a condominium complex. The business is listed as operational
Within a 0.5‑km radius there are multiple hotels (Deco Hotel, Mantra MacArthur, Canberra Rex Hotel), parks such as Haig Park, and the Northbourne Oval training ground, offering catering, accommodation and recreational options for employees and clients
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