In the ACT, NR23 serves as the main connector route through suburban Canberra.
The route varies from multi-laned dual carriageway in the urban areas of North and South Canberra to rural highway further south of the city. It passes directly past Australia's Parliament House and other significant areas containing offices for the administration of the country. It also passes through suburban areas, industrial areas at Fyshwick and Hume, plus farming zones and bushland.
Between the spans on the southern side of the Commonwealth Avenue Bridge over Lake Burley Griffin, there's two granite stones from the 1817 Waterloo Bridge across the River Thames in London. These were presented to Australia after the 1817 Waterloo Bridge was demolished in the 1940s and replaced by a modern structure. A plaque reads, in part, "Stones such as these from the bridge were presented to Australia and other parts of the British world to further historic links in the British Commonwealth of Nations".