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74 Northbourne Ave - Adina Serviced Apartments Canberra James 1,184 - 1,969 SF Office Condo Units Offered at $578,960 - $687,515 Per Unit in Canberra, ACT 2601
Investment Highlights
- Highly visible mixed-use development on Northbourne Avenue
- Surrounded by retail, dining, and service-based amenities
- Direct connectivity to Canberra CBD and light rail corridor
Executive Summary
74 Northbourne Avenue, known as James Court, is a mixed-use property located in Braddon within Canberra’s inner urban area. The development comprises a multistory residential tower over ground floor retail and commercial units. Positioned along Northbourne Avenue, the principal arterial connection into Canberra’s CBD, the site benefits from strong transit connectivity, including light rail access, and is within walking distance of central business precinct amenities. The surrounding area includes offices, residential apartments, and dining establishments, reflecting the precinct’s role as a major corridor integrating commercial and residential activity for the Canberra market.
2 Units Available
Unit 4
| Unit Size | 1,969 SF | Condo Use | Office |
| Price | $687,515 | Sale Type | Investment |
| Price Per SF | $349.17 | No. Parking Spaces | 2 |
| Unit Size | 1,969 SF |
| Price | $687,515 |
| Price Per SF | $349.17 |
| Condo Use | Office |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
Unit 4 offers a highly versatile ground-floor space within the established James Court mixed-use development. Featuring expansive glass frontage, the tenancy ensures strong street presence and excellent visibility to passing foot and vehicle traffic along Cooyong Street. The unit is ideally suited for a range of retail or commercial uses and includes internal flexibility to accommodate tailored fit-outs.
Positioned within a complex that integrates 187 residential apartments above nine ground-level retail shops, the property is part of a vibrant, high-traffic location bordering the Canberra CBD. The unit includes two secure underground car spaces, providing valuable convenience for staff or customers. Its layout supports both owner-occupiers seeking long-term premises and investors looking for a high-demand leasing asset.
Sale Notes
Secure your position within one of Canberra’s most recognizable mixed-use addresses at James Court. Unit 4 offers exceptional exposure in Braddon, strategically located along bustling Cooyong Street with continuous pedestrian flow and strong vehicle traffic. The vibrant setting at the city’s edge places the property amid prominent lifestyle amenities, retail, and residential density.
This ground-floor unit boasts a striking glass shopfront, delivering unparalleled branding potential. Its adaptable footprint opens opportunities for retail, showroom, or commercial operators to customize the space according to their requirements. Included are two rare, secure underground parking spaces—an invaluable benefit for accessibility in this dense urban environment.
As part of the James Court complex, comprising nine ground-floor commercial shops beneath 187 apartments, the property benefits from an active built-in customer base and surrounding CBD convenience. This rare opportunity invites both owner-occupiers aiming to future-proof their business location and investors seeking exposure in Canberra’s high-demand Braddon precinct. Immediate functionality, strong visual positioning, and flexible usability make Unit 4 an outstanding acquisition with enduring upside in a thriving mixed-use corridor.
Unit 5
| Unit Size | 1,184 SF | Sale Type | Investment |
| Price | $578,960 | Cap Rate | 11.25% |
| Price Per SF | $488.99 | NOI | $65,133.00 |
| Condo Use | Office | No. Parking Spaces | 2 |
| Unit Size | 1,184 SF |
| Price | $578,960 |
| Price Per SF | $488.99 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 11.25% |
| NOI | $65,133.00 |
| No. Parking Spaces | 2 |
Description
James Court at 74 Northbourne Avenue is a major mixed-use development located in Braddon, Canberra’s inner-north commercial and residential hub. The complex incorporates nine ground-floor retail and commercial tenancies with 187 residential apartments above, forming a vibrant mixed-use environment. Positioned directly on Northbourne Avenue—Canberra’s principal north-south arterial—James Court benefits from high traffic volumes, excellent public transport access, and visibility to the light rail corridor. Surrounding land uses include CBD office towers, dining precincts, and activated retail, reinforcing the property’s prominence in a well-established urban corridor.
Sale Notes
An exceptional investment opportunity awaits with this ground-floor commercial suite in the renowned James Court development on Northbourne Avenue, Braddon. Unit 5 comprises 110 m² of functional space with full-height glass frontage for maximum exposure, complemented by modern features including suspended plaster tile ceilings and individual reverse cycle air-conditioning.
The property is secured by a brand-new five-year lease with an additional five-year option, commencing in March 2026. With an annual gross rental of $90,000 plus GST, this asset provides immediate income stability in an increasingly competitive mixed-use precinct. Its position along Canberra’s main entry boulevard ensures prominent signage visibility and accessibility to both vehicle and pedestrian traffic.
James Court is one of Braddon’s most established mixed-use developments, home to ground-floor retail and medical uses beneath 187 residential apartments. Surrounded by Canberra’s thriving CBD, dense residential catchments, and positioned near the city’s light rail network, this property offers long-term growth potential with strong tenant demand. This acquisition suits investors seeking a strategically located, income-generating asset with enduring appeal.
Property Facts
| Total Building Size | 277,515 SF | Floors | 9 |
| Property Type | Hospitality | Typical Floor Size | 27,749 SF |
| Property Subtype | Serviced Apartment | Year Built | 1994 |
| Building Class | B | Lot Size | 1.16 AC |
| Total Building Size | 277,515 SF |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 27,749 SF |
| Year Built | 1994 |
| Lot Size | 1.16 AC |
Amenities
- Fitness Center
- Pool
- Room Service
- On-Site Retail
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 69 | $259.81 | - |
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74 Northbourne Ave - Adina Serviced Apartments Canberra James
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