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.
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Based on the comparable property evidence currently available.
The site is located in the mixed‑use zone south of Haig Park, which allows commercial uses and building heights up to about 22 m (6‑7 storeys), with lower heights facing Torrens Street. This zoning supports a bar‑and‑grill operation and potential future expansion
Lonsdale Street is the commercial hub of Braddon, featuring many restaurants, cafes, bars and boutique shops, and sits adjacent to the Canberra CBD. The dense, youthful population and strong entertainment precinct generate high foot traffic for hospitality venues
The property is roughly 0.3 km from both Elouera Street and Alinga Street metro stations, and about 0.4 km from the City Interchange, providing easy access for customers and staff via train and bus services. It is also situated on Northbourne Avenue, a major arterial road
Within 0.3 km there are several hotels (Avenue Hotel, Adina Serviced Apartments, Mantra on Northbourne, Midnight Hotel), breweries (Bentspoke Brewing Co, Capital Brewing Company), cafés (Gus’s) and the Jolimont Centre commercial building. These attract both locals and visitors who are likely to patronise a bar and grill
Yes, the premises are currently occupied by Hopscotch, an operational bar‑and‑grill business
Braddon has transitioned from a light‑industrial area to a vibrant entertainment precinct, with many former industrial sites redeveloped into restaurants, bars and mixed‑use buildings. This trend reinforces strong demand for hospitality venues like the one at 5 Lonsdale Street
The mixed‑use zone permits buildings up to about 22 m (approximately 6‑7 storeys) generally, with lower limits of 16 m (5 storeys) along Torrens Street and up to 30 m (around 10 storeys) towards Cooyong Street, allowing flexibility for vertical expansion if desired
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