522 Northbourne Avenue, Downer, ACT 2602

Do you want to work from home? Have prime exposure for your business? Combine work and play and enjoy many of the Dickson restaurants? Take the light rail to Exhibition Park's markets and Festivals? Live Alone or Communally in a grand old residence seeped in history? Living in the Vibrant Inner North.

Thousands have enjoyed a comfortable night's rest and hospitality in Northbourne Lodge.

Built to last, solid brick construction allows you to enjoy the quiet privacy of your room, all with ensuites, whilst accessing company in shared living areas.

Many quality features such as the beautiful polished floor boards add to the ambiance of grandeur with all furniture and artwork being included in the sale.

522 Northbourne Ave offers a substantial well preserved and renovated building , furnished to allow you to run a business and secure an income, a dependable asset to invest in , for you, your family or friends.

Northbourne Lodge will be sold for the first time in 25 years. It is one of the capital's longstanding and recognisable guesthouses established in Downer in the 1960s- profitable, tightly held businesses in a prime location walk, bike or take public transport and leave the car at home to all that Canberra has to offer at the gateway to Canberra's Inner North. They enjoy the best of town and country in the nation's capital, overlooking Southwell Park, situated amongst Downer's tree lined streets yet a short walk to retail precincts, workplaces, and entertainment hubs.

This is a large substantial residence offering 8 bedrooms and seven bathrooms with a highly highly functional design. Full- brick construction allows each resident maximum privacy. As a boutique hotel each room is attractively presented supported by a well-equipped kitchen, dining and lounge room.

The grounds are established with a treed outside paved area whilst being low maintenance to allow off-street parking for seven vehicles.

A dependable , income producing asset in a prime location.

You can earn an income and add to the story of guests being welcomed into our national capital.

The light rail, and a short walk to Dickson lets your guests enjoy the best Canberra has to offer. Off street parking allows them to leave the car at home.

This is an outstanding opportunity to buy into the businesses established at Canberra's conception . The present owners are selling after 25 years.

Do not miss this unique opportunity.

Features:

• Established and profitable guesthouse operating since the 1960s
• Longstanding history of consistent occupancy and reliable income
• Seven bedrooms, each with private ensuite
• Additional eighth room for storage or flexible accommodation
• Multiple communal living, dining and sitting areas
• Central kitchen designed for practical shared living
• Established, low-maintenance grounds
• Off-street parking for up to seven vehicles
• Approx. 260sqm internal living on an 831sqm landholding
• Prominent Northbourne Avenue position - gateway to Canberra
• Close to light rail, cafés, shops and major employment hubs
• Future rezoning or redevelopment potential (STCA)
Off street parking for 12 cars

Land Size: 831sqm
Living Size: 260sqm
EER: 0.5
Rates: $3,776pa (approx.)
Land Tax: $7,271pa (approx.)
UCV: $595,000 (2025)

Disclaimer: Whilst all care and quality has been taken to ensure accuracy in the marketing material no warranty can be given.
Floorplan measurements may not be to scale and should not be relied upon.

Type

House

Bedrooms

7

Bathrooms

7

Parkings

12

Area

831 m²