Braddon is set to face serious competition for inner-city buzz within the next two years as Dickson mounts a serious challenge through the development of the DKSN precinct.
The 16,252-square-metre site once housed the Dickson Motor Registry, but is now being prepared to usher in a new lifestyle era for hundreds of residents and thousands of commuting workers.
DKSN will comprise residential, government and office towers along with further commercial and retail opportunities, a highlight of which will be “Eat Street” with echoes of Melbourne-like laneway dining options.
The precinct will also serve as a transport hub with the Dickson interchange serving as a transition point between buses and light rail. That process alone will inject thousands of commuters into the precinct’s retail and hospitality businesses.
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Guy Randell of Burgess Rawson says the development will effectively create Canberra’s “second CBD”.
“DKSN will anchor the other end of Northbourne Avenue and I see it as pivotal in opening up many more life and workstyle options,” he says.
“It will become a lively destination, packed with variety, for residents, workers and daily commuters alike.”
Other features of the precinct will include green spaces, 285 public car bays, a childcare centre, gym, major supermarket and the neon-lit Electric Lane that will comprise boutique retail tenancies.
13-15 Challis Street
Price guide: Buy commercial from $100,000 or lease from $500 per square metre + GST
Agent: Burgess Rawson, Guy Randell 0430 272 999