City ACT 2601, 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 | 6 May 2024 | $1,799,000 | $12,942 |
Price per m² based on land size of 139 m².
The property offers approximately 139 m² of land area, which provides a comparable amount of usable floor space for commercial purposes
The premises are currently occupied by Bar Beirut, an operational middle‑eastern restaurant serving the Canberra CBD market
Yes – the site sits in the heart of Canberra’s central business district, surrounded by offices, entertainment venues and a hotel, providing a steady flow of potential diners and event clientele
The property is adjacent to the City Interchange (0 km) and within 0.2 km of Alinga Street light‑rail station and the Jolimont Centre bus hub, giving easy access by train, bus and light rail
Within a few hundred metres are the Greater Union Civic cinema, Novotel Canberra hotel, several cafés, the Dendy Canberra Centre, and the National Measurement Laboratory, all of which generate foot traffic that can benefit a dining venue
Being located among other commercial buildings, government agencies, and cultural attractions creates a vibrant business district where lunchtime and after‑work patronage are strong, helping sustain consistent customer volumes
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