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.
The premises are presently occupied by "220 Northbourne Ave Parking" and operate as a parking business. The operation is listed as operational
Land adjoining Northbourne Avenue is zoned to permit redevelopment of up to 25 metres (approximately 8 storeys) high flats, or 32 metres (about 11 storeys) at the corners of Wakefield Avenue with Northbourne Avenue. This provides flexibility for mixed‑use or higher‑density projects if desired
The site is 0.1 km from the Macarthur Avenue light‑rail station, 0.5 km from the Ipima Street Metro station, and within 1 km of a bus shelter at Cowper Street. It also sits on the major arterial Northbourne Avenue, offering strong road connectivity
Within a 0.2–0.7 km radius are several hotels (Mantra MacArthur, Deco Hotel, Pavilion on Northbourne, Canberra Rex Hotel) and the commercial strip along Mort and Lonsdale streets, providing a steady flow of visitors and employees who may require parking. Nearby parks such as Haig Park and Rugby Park also attract daytime users
Situated on Northbourne Avenue, the property benefits from direct access to a major Canberra thoroughfare. Proximity to light‑rail stations and bus routes further enhances accessibility for drivers and passengers
While Braddon contains several heritage‑listed precincts, the specific site at 220 Northbourne Avenue is not identified as heritage‑listed. Current zoning allows for redevelopment, so planning considerations focus on meeting the permitted height and use standards
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