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18 Gymea Street

Narrabundah ACT 2604

3
1
2
House
Currently for sale - view listing

Overview

Prime Inner South Opportunity - Build Your Dream Home in Blue-Chip Narrabundah

Positioned in one of Canberra's most tightly held Inner South suburbs, this exceptional 465m² parcel of land presents a rare opportunity to secure the ideal site for your dream home or luxury knock-down rebuild. Set within a quiet loop street and backing directly onto a tranquil nature reserve, this is a location that perfectly balances privacy, convenience and lifestyle. With only one adjoining neighbour and a desirable north-east rear aspect, the block offers outstanding potential to create a light-filled, energy-efficient residence designed for modern living. The existing three-bedroom home provides immediate holding income or a straightforward blank canvas for those ready to build. Flat and easy to develop, the generous 15.3m frontage and 30.5m depth provide flexibility for a wide range of contemporary architectural designs (subject to approvals). Enjoy the very best of Narrabundah just moments from your doorstep. Walk to the popular Narrabundah Shops for cafés and everyday conveniences, browse the renowned Fyshwick Fresh Food Markets, or take advantage of nearby parklands, nature trails, quality schools and easy access to the Parliamentary Triangle, Manuka, Kingston and Canberra City. Whether you're building your forever home or securing premium Inner South land in an established neighbourhood, opportunities like this are becoming increasingly rare. Property Highlights • Unimproved value:$700,000 (2025) • Premium 465m² block in sought-after Narrabundah • Ideal knock-down and rebuild opportunity • Flat block with an easy building envelope • Approx. 15.3m frontage x 30.5m depth • Quiet loop street with minimal through traffic • Directly backing a peaceful nature reserve • Only one adjoining neighbour • Desirable north-east rear orientation • Existing vacant three-bedroom home • Walking distance to Narrabundah Shops • Walking distance to Fyshwick Fresh Food Markets • Minutes to Manuka, Kingston, Griffith, the Parliamentary Triangle and Canberra CBD • Rare opportunity to create a bespoke home in one of Canberra's premier Inner South locations. DISCLAIMER We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice. Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
House

Happy sellers in Narrabundah

57%
57% of sellers in Narrabundah reported that their sale price either exceeded or met their price expectations.

Narrabundah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 53 reviews in Narrabundah over the last 12 months.

Local market activity for 3 bedroom houses in Narrabundah

In the last 12 months, 43 three-bedroom houses similar to 18 Gymea Street, have been sold.

This represents a 68% decrease in three-bedroom houses sales when compared to the previous 12 months.

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