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 property is currently occupied by Mantra on Northbourne Canberra, an operational hotel. It serves guests in the Braddon precinct
Land adjoining Northbourne Avenue is zoned to permit redevelopment up to 25 m (about 8 storeys) or 32 m (about 11 storeys) at the Wakefield Avenue corner. This allows for high‑density flats or mixed‑use buildings, suitable for expanding hospitality or commercial functions
The site is within 0.2 km of the Elouera Street Metro station and 0.4 km of the Jolimont Centre bus station, providing easy rail and bus connections to the Canberra CBD and surrounding areas
The immediate area includes several other hotels (Avenue Hotel, Midnight Hotel, Novotel Canberra), a range of cafés, restaurants, and breweries such as Bentspoke Brewing Co and Capital Brewing Company, all within 0.3‑0.4 km, creating a vibrant hospitality hub
The property includes one on‑site parking space, providing limited vehicle accommodation for guests or staff
Braddon is a dense, mixed‑use suburb adjacent to the Canberra CBD, known for its entertainment precinct, art galleries, and active nightlife, attracting both business and leisure visitors who seek city‑close accommodation
The Braddon Garden City heritage precinct, the former Coggan's Bakery, and the Gorman House Arts Centre are all within walking distance, offering cultural experiences that can enhance a guest’s stay
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