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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 2

Unit Size 1,625 SF
Price $868,440
Price Per SF $534.42
Condo Use Retail
Sale Type Investment
APN/Parcel ID AP4421
Description

This prominent ground-floor retail and hospitality space is positioned on the corner of the Proximity Apartments in one of Bruce’s most tightly held precincts. Fully fitted and currently operating as a bar and grill, the venue is well configured for immediate continuation or repositioning by an incoming owner.
The space comprises approximately 151 sqm of internal area, accommodating patron dining, lounge seating, back-of-house operations, kitchen facilities, and amenities. In addition, the property benefits from a sizable 71 sqm outdoor terrace suitable for patron use, complemented by a 9 sqm cool room and 35 sqm of basement storage. The venue enjoys an east-facing aspect, creating an inviting environment throughout the day and into the evening.

Sale Notes

This property presents a rare opportunity to acquire a fully operational hospitality venue in a highly strategic Canberra location. Offered as a going concern and currently trading six days a week, the vendor is open to allowing the business to change hands, providing immediate income potential and future growth upside. With strong existing infrastructure, extensive inclusions, and flexibility to reposition into a gastro-pub, café, or sports bar format, this asset is ideally suited to owner-operators or investors seeking a landmark hospitality opportunity within the Bruce precinct.

Floorplan
Coolroomo
Kitchen
Kitchen
Internal Retail Space

+10 More

External Retail Space
View Photo Floorplan
View Photo Coolroomo
View Photo Kitchen
View Photo Kitchen
View Photo Internal Retail Space
View Photo External Retail Space
View Photo Internal Retail Space
View Photo External Retail Space
View Photo External Retail Space
View Photo External Retail Space
View Photo Internal Retail Space
View Photo Bar
View Photo Bar
View Photo Internal Retail Space
View Photo Internal Retail Space

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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