53 Bowman Street, Macquarie, ACT 2614 | Property Value & History | OnTheHouse
 
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53 Bowman Street
Macquarie ACT 2614

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 392m2
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Property Details for 53 Bowman St, Macquarie

Building Type
Commercial
Land Size
392m2
Local Government
Belconnen
Lot/Plan
MACQUARIE: Block 12, Section 48

Last Listing description (August 2023)

JLL is proud to present 53 Bowman Street Macquarie for sale by Expression of Interest.

53 Bowman Street is a two-level, single-titled building located in Canberra's desirable suburb of Macquarie, just 3 km from the Belconnen Town Centre. This free-standing building has a total NLA of 660sqm and a land area of 391sqm. The ground floor is currently leased to The Salvation Army who has occupied the tenancy for over 10 years.

The first floor is currently vacant and provides investors and owner-occupiers the opportunity to refurbish and occupy the whole floor or part of the floor then lease out the remaining space to increase the value of the building all while having secure holding income on 50% of the building.

Located adjacent to the Jamison Plaza shopping centre containing Coles, Aldi and over 30 specialty retailers. 5 3 Bowman Street is close to public transport, amenities and ample parking for staff and customers. The area services not just the local residents of Aranda, Macquarie, Cook and Page but the approx, 100,000 residents of the greater Belconnen region.

Secure value add opportunity with holding income
Single-titled Investment in a central location close to amenities and Transport
50% leased to long-term tenant The Salvation Army for 5 years from 1 July 2021 + 1 x 5 year option
660sqm of NLA across 2 levels
391sqm Land Area
CZ3 zoning with purpose clause allowing for office, business agency, veterinary hospital and more
Excellent signage exposure on all four sides of the building
Estimated fully leased passing income $227,700pa* + GST

For Sale by Expressions of Interest closing 4pm Thursday 16 March 2023. Please contact exclusive agents, JLL to arrange an inspection.

*all figures are approximate

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Property History for 53 Bowman St, Macquarie, ACT 2614

A timeline of how this property has performed in the market
Last Sold
$1,930,000
14 Apr 2023
  • 14 Apr 2023
    Sold for $1,930,000
  • 09 Feb 2023
    Listed for Sale EOI
  • 02 Oct 1998
    Sold for $800,000
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About Macquarie 2614

The size of Macquarie is approximately 1.7 square kilometres. It has 14 parks covering nearly 13.4% of total area. The population of Macquarie in 2016 was 2700 people. By 2021 the population was 3104 showing a population growth of 15.0% in the area during that time. The predominant age group in Macquarie is 20-29 years. Households in Macquarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macquarie work in a professional occupation.In 2021, 60.60% of the homes in Macquarie were owner-occupied compared with 55.80% in 2016.

Macquarie has 1,577 properties. Over the last 5 years, Houses in Macquarie have seen a 24.04% increase in median value, while Units have seen a 11.23% increase. As at 30 November 2025:

  • The median value for Houses in Macquarie is $946,193 while the median value for Units is $604,378.
  • Houses have a median rent of $625 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Macquarie on OnTheHouse. According to Cotality's data, 67 properties were sold in the past 12 months in Macquarie.

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