The Grounds 7 Donaldson Street, Braddon, ACT 2612

Offices | Retail

For Sale Please contact agent

  • Property ID: 368748
  • Floor Area: 148m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
High Profile, Ground Floor Commercial Units in Braddon’s Newest Mixed-use Development

The Grounds mixed use development comprises a thoughtfully planned, exclusive urban village – located in the popular suburb of Braddon and just minutes’ walk to the City centre. Built by award-winning Construction Control the development adjoins heritage listed Northbourne Oval which is North Canberra’s oldest enclosed oval. Dubbed Canberra’s “spiritual home” of sport, the oval has a rich history, and is now the home to the new Canberra Raiders Headquarters (unveiled in early 2020).

Available for sale are 5 high-profile, ground floor commercial units ranging from 33m² - 607m² in total. All units feature street exposure, dedicated basement car parking and can be utilised for a wide range of uses including; indoor recreation facility, non-retail commercial use, cafe and shop.
Fronting Torrens and Donaldson Street the development is situated amongst the bustling Braddon precinct - Canberra’s vibrant social, cultural and food hub, brimming with casual and fine dining restaurants, cafes, and boutique stores. The commercial units are ideally positioned facing Canberra’s largest shopping centre, the 123,000m² Canberra Centre which includes over 260 specialty stores.
Offered for sale immediately with construction completion forecast in August 2020 and Settlement in December 2020, The Grounds provides owner occupiers and investors a highly attractive opportunity to secure a commercial unit in one of Canberra’s most exclusive locations.

Braddon Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $358 ---
Retail --- $613 ---
Offices $4953 $506 10.21%
This is the average advertised price, rent and yield for Braddon, ACT 2612*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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