Conveniently located in Fern Hill Bruce, this property is just a short walk from a number of offices, apartments and other commercial operators.
The property is located in Bruce, central to all parts of northern Canberra. This property is just a short walk from a number of offices, apartments and other commercial operators. The immediate vicinity also includes an abundance of staff and visitor parking at no additional charge.
The current configuration would suit a grocer style business, but the permitted use allows for a multitude of businesses including:
The current tenant has a lease expiring 31 May 2024, so if purchased before the lease expiry, this sale will be exempt from GST and is also exempt from Stamp Duty.
Contact Chris Antos for more information.
The size of Bruce is approximately 6.6 square kilometres. It has 11 parks covering nearly 36.7% of total area. The population of Bruce in 2016 was 6997 people. By 2021 the population was 7520 showing a population growth of 7.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bruce work in a professional occupation.In 2021, 46.60% of the homes in Bruce were owner-occupied compared with 39.60% in 2016.
Bruce has 3,440 properties. Over the last 5 years, Houses in Bruce have seen a 19.71% increase in median value, while Units have seen a 31.42% increase. As at 31 January 2026:
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