Overview

Position your business at the heart of North Watson's newest village precinct.

The Nord is the final stage of the 4.4-hectare Norrebro master planned community, located on the prominent corner of Negus Crescent and Aspinall Street in Watson. Designed by Cox Architects and developed by HTI Group, this mixed-use project will deliver high-quality residential living with five premium ground floor commercial units, due for completion in early 2026.

Directly opposite Maliyan Park and surrounded by established parks, childcare, and new apartments and townhouses, these units will provide the only dedicated retail and service offering within the immediate North Watson precinct.

The Opportunity

Five ground floor commercial units are available for purchase (or lease by negotiation), ranging from 66sqm to 245sqm. Units are offered as cold shells, with plumbing provisions and gas connection available to the designated café/restaurant tenancy.

Key features include:

• High-visibility corner location with strong street presence
• Purpose-built café/restaurant opportunity with outdoor seating (selected units)
• Broad purpose clause suited to retail, restaurant, community, recreation, shop and other approved uses
• Generous on-site parking allocated to each unit (3-11 car spaces)
• Located just 6km from Canberra CBD with easy access to Northbourne Avenue and the Federal Highway
• Positioned within a walkable, community-focused Inner North setting

Available Units

• C1 - 66sqm | 3 car spaces | $594,000
• C2 - 168sqm + 105sqm outdoor area | 8 car spaces | By Negotiation
• C3 - 75sqm | 4 car spaces | $712,500
• C4 - 118sqm + 45sqm outdoor area | 5 car spaces | $1,062,000
• C5 - 245sqm + 30sqm outdoor area | 11 car spaces | $2,082,500

Pricing ranges from $8,500/sqm to $11,000/sqm.

The Vendor will also consider applications to lease the premises on terms by negotiation.

Location Highlights

Watson is an established Inner North suburb approximately 6km from Canberra's CBD. The area offers strong connectivity, access to schools and sporting facilities, and proximity to major arterial roads. The growing Norrebro precinct enhances the suburb's appeal with modern design and a focus on sustainability and community living.

With new residents continuing to move into the surrounding development and Maliyan Park now complete, The Nord is set to become a local hub for retail, hospitality, and professional services in North Watson.

For further information, pricing details, or to arrange a discussion, contact the exclusive agents.

Location