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Investment Highlights

  • Located within the established Bruce town centre precinct adjacent to major national institutions
  • Strong visitor and event-driven foot traffic from the Australian Institute of Sport and nearby stadiums
  • Surrounded by high-density residential, education, and employment hubs supporting all-day activity

Executive Summary

Located in the heart of Bruce, the property is surrounded by a dense residential population, major employment and education hubs, and key visitor attractions including the Australian Institute of Sport and nearby stadium facilities. The area benefits from strong weekday trade driven by local workers and students, along with consistent patronage from event-based and tourism activity.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2
  • 1,625 SF
  • Retail
  • $1,269,000 ($780.92/SF)
  • -
Sale Type Investment
APN/Parcel ID AP4421
Description
This prominent ground-floor retail and hospitality premises is positioned on the corner of the Proximity Apartments within a tightly held Bruce precinct. The property is offered with the full restaurant fitout included in the sale price and is currently operating as a bar and grill, allowing for immediate continuation or reconfiguration by an incoming owner.
The space comprises approximately 151 sqm of internal area, accommodating dining, lounge seating, kitchen facilities, back-of-house operations, and amenities. Additional features include a 71 sqm outdoor terrace suitable for patron use, a 9 sqm cool room, and 35 sqm of basement storage. The premises benefits from an east-facing aspect, providing consistent natural light throughout the day.
Sale Notes
This property presents a rare opportunity to acquire a fully operational hospitality venue in a strategic Bruce location, with the sale price inclusive of the complete restaurant fitout. Offered as a going concern and currently trading six days a week, the asset provides immediate income potential with the ability for a seamless handover to an incoming owner. The existing infrastructure and extensive inclusions support a range of hospitality uses, including gastro-pub, café, or sports bar formats, making it suitable for both owner-operators and investors seeking a well-established venue with repositioning potential within the precinct.
Unit Unit Size Condo Use Price NOI
Unit 2 1,625 SF Retail $1,269,000 ($780.92/SF) -

Unit 2

Unit Size
1,625 SF
Condo Use
Retail
Price
$1,269,000 ($780.92/SF)
NOI
-

Unit 2

Unit Size 1,625 SF
Condo Use Retail
Price $1,269,000 ($780.92/SF)
NOI -
Sale Type Investment
APN/Parcel ID AP4421
Description
This prominent ground-floor retail and hospitality premises is positioned on the corner of the Proximity Apartments within a tightly held Bruce precinct. The property is offered with the full restaurant fitout included in the sale price and is currently operating as a bar and grill, allowing for immediate continuation or reconfiguration by an incoming owner.<br> The space comprises approximately 151 sqm of internal area, accommodating dining, lounge seating, kitchen facilities, back-of-house operations, and amenities. Additional features include a 71 sqm outdoor terrace suitable for patron use, a 9 sqm cool room, and 35 sqm of basement storage. The premises benefits from an east-facing aspect, providing consistent natural light throughout the day.</li></ul>
Sale Notes
This property presents a rare opportunity to acquire a fully operational hospitality venue in a strategic Bruce location, with the sale price inclusive of the complete restaurant fitout. Offered as a going concern and currently trading six days a week, the asset provides immediate income potential with the ability for a seamless handover to an incoming owner. The existing infrastructure and extensive inclusions support a range of hospitality uses, including gastro-pub, caf&#233;, or sports bar formats, making it suitable for both owner-operators and investors seeking a well-established venue with repositioning potential within the precinct.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 41,979 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Typical Floor Size 8,396 SF
Lot Size 3.34 AC
  • Listing ID: 40184339

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 21 Battye St, Bruce, ACT 2617

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