Your email has been sent.
86 Northbourne Ave - Phoenix Apartments 1,593 SF Office Condo Unit Offered at $563,664 in Braddon, ACT 2612
Investment Highlights
- Prominent ground floor position fronting Northbourne Avenue with high visibility.
- Four dedicated secure basement parking spaces and two storage areas exclusive to the units.
- High-quality existing fit-out including reception, boardroom, and multiple offices.
Executive Summary
The property at 86 Northbourne Avenue in Braddon, ACT is a mixed-use development comprising nine residential levels above ground and a connected three-level office component providing commercial accommodation. It occupies a prominent position along Northbourne Avenue, a major civic and transport corridor linking Canberra’s central business district to surrounding districts. The location provides strong multimodal connectivity, with an adjacent light rail stop at Elouera Street and ready access to major arterial routes. The development features multiple floors of commercial tenancies with modern glazing and separate climate controls, with residential levels positioned on the same levels or above, reinforcing the area’s urban mixed-use character. Allocated basement parking is integrated into the structure, with designated areas for commercial occupants and visitors. Dual vehicular and pedestrian access points are provided from both Northbourne Avenue and Mort Street. The surrounding Braddon precinct includes a dense concentration of hospitality venues, boutique retailers, and essential services, creating a high-amenity environment. The property’s proximity to Canberra’s CBD supports convenient access to government, corporate, and institutional centers, while Canberra Airport is reachable within a short drive.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | BRAD1917 |
| No. Parking Spaces | 4 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| APN/Parcel ID | BRAD1917 |
Together, Units 7 and 8 provide 148 m² of high-quality fitted-out office space designed for modern professional use. The existing layout includes a reception area, boardroom, multiple private offices, and functional amenities, ensuring a smooth transition for owner-occupiers or tenants. With features such as floor-to-ceiling double-glazed shopfronts, dedicated basement parking, dual street access, and availability of furnished fit-out by negotiation, this offering combines convenience with functionality.
The property benefits from its location on the city’s main corridor with excellent exposure, steps away from the Elouera Street light rail stop. Investors will appreciate the strong local demand, outstanding connectivity, and ACT stamp duty exemption under the $2 million threshold. Whether for an owner-occupier or as an investment, this is an exceptional opportunity to secure a commercial asset in Canberra’s highly sought-after inner precinct.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 7-8 | 1,593 SF | Office | $563,664 ($353.84/SF) | - |
Unit 7-8
| Unit Size |
| 1,593 SF |
| Condo Use |
| Office |
| Price |
| $563,664 ($353.84/SF) |
| NOI |
| - |
Unit 7-8
| Unit Size | 1,593 SF |
| Condo Use | Office |
| Price | $563,664 ($353.84/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| APN/Parcel ID | BRAD1917 |
| Description | |
| The property comprises two combined ground-floor office units totaling 148 m² located at 86 Northbourne Avenue, Braddon ACT. It is situated on the edge of Canberra’s CBD within walking distance to Elouera Street light rail stop and Braddon’s hospitality and retail offerings. The units have dual street access from Northbourne Avenue and Mort Street and include allocated basement parking.</li></ul> | |
| Sale Notes | |
| This is a rare opportunity to acquire two premium ground floor commercial office units in one of Canberra’s most dynamic city-fringe locations. Positioned along Northbourne Avenue in Braddon, these properties offer unmatched connectivity with immediate access to the CBD and close proximity to the vibrant Braddon hospitality and retail precinct.<br> Together, Units 7 and 8 provide 148 m² of high-quality fitted-out office space designed for modern professional use. The existing layout includes a reception area, boardroom, multiple private offices, and functional amenities, ensuring a smooth transition for owner-occupiers or tenants. With features such as floor-to-ceiling double-glazed shopfronts, dedicated basement parking, dual street access, and availability of furnished fit-out by negotiation, this offering combines convenience with functionality.<br> The property benefits from its location on the city’s main corridor with excellent exposure, steps away from the Elouera Street light rail stop. Investors will appreciate the strong local demand, outstanding connectivity, and ACT stamp duty exemption under the $2 million threshold. Whether for an owner-occupier or as an investment, this is an exceptional opportunity to secure a commercial asset in Canberra’s highly sought-after inner precinct.</li></ul> |
Property Facts
| Total Building Size | 190,521 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 21,173 SF |
| Property Subtype | Apartment | Lot Size | 1.04 AC |
| Building Class | C |
| Total Building Size | 190,521 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 9 |
| Typical Floor Size | 21,173 SF |
| Lot Size | 1.04 AC |
Presented by
86 Northbourne Ave - Phoenix Apartments
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.