JWLand has paid $28 million for Braddon Place, near Civic.
“The sale of Northbourne’s Braddon site will certainly contribute to Canberra’s good urban design. As part of the gateway to our city, it’s a wonderful opportunity for a liveable and vibrant place with quality public domain and buildings,” says Suburban Land Agency CEO John Dietz.
He says the site, adjacent to Canberra’s CBD, will also have a requirement for 10 community housing and 80 affordable housing dwellings.
Other recent SLA sales include the Phillip site (Block 2, Section 180) to the Doma Group for $12.5 million.