‘Gateway’ housing site goes for $28 million

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A promotional image for Braddon Place.

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.

 

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