1 Nanango Way, Watson, ACT 2602 | Commercial for sale | OnTheHouse
 
FOR SALE
For Sale Starting $594,000+GST

1 Nanango Way
Watson ACT 2602

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Prime Ground Floor Commercial Units for Sale/Lease - The Nord Watson ACT

Position your business at the heart of North Watson's newest village precinct.
The Nord is the final stage of the 4.4-hectare Norrebro master planned community, located on the prominent corner of Negus Crescent and Aspinall Street in Watson. Designed by Cox Architects and developed by HTI Group, this mixed-use project will deliver high-quality residential living with five premium ground floor commercial units, due for completion in early 2026.
Directly opposite Maliyan Park and surrounded by established parks, childcare, and new apartments and townhouses, these units will provide the only dedicated retail and service offering within the immediate North Watson precinct.
The Opportunity
Five ground floor commercial units are available for purchase (or lease by negotiation), ranging from 66sqm to 245sqm. Units are offered as cold shells, with plumbing provisions and gas connection available to the designated café/restaurant tenancy.
Key features include:
High-visibility corner location with strong street presence
Purpose-built café/restaurant opportunity with outdoor seating (selected units)
Broad purpose clause suited to retail, restaurant, community, recreation, shop and other approved uses
Generous on-site parking allocated to each unit (3-11 car spaces)
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Property Details for 1 Nanango Way, Watson

Building Type
Commercial
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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16.0% of total area. The population of Watson in 2016 was 5862 people. By 2021 the population was 6727 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation.In 2021, 65.00% of the homes in Watson were owner-occupied compared with 57.20% in 2016.

Watson has 3,280 properties. Over the last 5 years, Houses in Watson have seen a 33.36% increase in median value, while Units have seen a 42.94% increase. As at 31 January 2026:

  • The median value for Houses in Watson is $1,150,021 while the median value for Units is $576,320.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Watson on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Watson.

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