'One of only two in the ACT': Belconnen's Capital Food Market listed for sale
Every now and then, a spectacular commercial opportunity comes along, and you just know investor interest is going to light up.
This is one of the biggest deals to hit the market in recent years – a chance to acquire the Capital Food Market in the heart of Belconnen’s town centre.
A comprehensive redevelopment in 2024 provided a timely upgrade to this iconic market precinct, which has almost half a century of culinary heritage.
It now comprises 6718 square metres of leasable space on a substantial 13,270-square-metre site.
There are also 217 bays of basement parking.
The European-influenced indoor market hall is leased by about 40 food traders, along with essential-service tenants, including Liquorland Warehouse.
Matthew Winter of Colliers Canberra says this is likely to be one of the most high‑profile sales in Canberra this year.
“Capital Food Market is only one of two true markets servicing the entire ACT,” he says.
“It delivers consistent trade throughout the week and offers resilient performance for investors seeking dependable returns.”
The market forms part of Belconnen Town Centre’s retail and residential precinct, where another 1000 apartments are forecast to be completed over the next three years.
“Investors can secure both immediate cash flow and exposure to the fast-growing Belconnen precinct,” Winter says.
