522 Northbourne Avenue, Downer
High-Yield Working Lodge with Immediate Income and Long-Term Optionality
Northbourne Lodge presents a rare opportunity to secure a well-established, fully operational working lodge that combines strong day-one income with meaningful long-term upside. Generating high net returns with potential income in excess of $3,000 - $4,000 per week, the property is well maintained, professionally configured and supported by consistent demand. Rezoning discussions are already underway (STCA), providing an added layer of future-proofing while the asset continues to perform as a reliable cash-flow investment. Configured specifically for multi-occupancy use, the lodge spans two generous levels and comprises seven ensuited bedrooms, plus an additional eighth bedroom or storage room, offering flexibility for ongoing accommodation operations. Multiple communal living zones - including separate living, dining and sitting areas - are anchored by a central kitchen and complemented by established, low-maintenance grounds. Extensive off-street parking for up to seven vehicles further enhances operational appeal. Whether held as a high-yield working lodge, strategically land-banked, or repositioned as part of a future redevelopment (STCA), Northbourne Lodge represents a compelling blend of income security, scale and optionality in one of Canberra's most connected corridors. Key features: * Established working lodge delivering strong, reliable income with potential returns in excess of $3,000 - $4,000 per week * Rezoning discussions underway (STCA), supporting future redevelopment or repositioning potential * Seven well-maintained ensuited bedrooms across two levels, plus an additional 8th bedroom or storage room * Purpose-configured for multi-occupancy with multiple communal living zones and a central kitchen * Established, low-maintenance grounds supporting ongoing accommodation use * Extensive off-street parking for up to seven vehicles * Approx. 260sqm of internal living on an 831sqm block * High-exposure position along Northbourne Avenue, moments from light rail, cafés, local shops and major employment hubs Land Size: 831sqm Living Size: 260sqm EER: 0.5 Rates: $3,776pa (approx.) Land Tax: $7,271pa (approx.) UCV: $595,000 (2025) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Your local office.
Since opening our doors in 2016, Belle Property Canberra has grown into one of the region’s most trusted and values-driven real estate agencies. Led by Co-Principals Richard Davies and Dan McAlpine, brothers-in-law with a shared commitment to people and place, the business has evolved through almost a decade of consistent results, thoughtful service and genuine community connection.
At Belle Property Canberra, three values shape everything we do:
Integrity - We do what’s right, not what’s easy. No shortcuts. No compromises. Every client, every campaign, every decision is handled with transparency and honesty.
Care - Our clients, customers and team are at the heart of our business. We approach every interaction with empathy, diligence and respect, ensuring each person feels supported through every step of their property journey.
Family - We believe great outcomes come from great relationships. As a team that operates like family, we bring that same sense of connection and belonging to the people we work with, creating an environment where everyone is included in the day-to-day of the business.
With teams now operating across Canberra, Queanbeyan and the Snowy Mountains, we offer clients the strength of a unified network and the insight of deeply local expertise. Backed by Belle Property’s premium marketing, national reach with over 200+ offices and innovative approach, our sales and property management professionals deliver a standard of service defined by expertise and driven by results.
As we continue to grow in 2026, our expanding Canberra team will soon call 1/19 Eastlake Parade home - a new space that reflects our direction, our values and our commitment to serving the region with even greater care and capability.
Nearly a decade on, our purpose remains the same: to lead with integrity, work with care, treat people like family, and achieve exceptional results for every client we serve.
Services: Residential sales, Rural sales, Property Management & Leasing and Holiday Homes.
Follow us on social media to stay updated on Facebook, Instagram and YouTube
Search for @bellepropertycanberra
Request for Contract.
Thank you for your interest in 522 Northbourne Avenue, Downer, ACT 2602. To receive a copy of the contract via email, please fill in your details below.
Contact agent.
If you require more information please complete the following details