48 MacLeay St

Turner ACT 2612

1045 m²

House

Currently for sale - view listing

Overview

Prime Development Opportunity in leafy Inner North

Unlock exceptional potential just one block from the Northbourne Corridor - one of Canberra's most sought-after growth corridors connecting directly to the CBD and beyond. This is your chance to create something special in the idyllic setting of Canberra's leafy Inner North suburb of Turner With a landholding of 1045m2, this property offers developers a project opportunity in a high-demand suburb. Zoned RZ4, the site delivers location, vision, and opportunity for an innovative urban infill project in-line with the governments Missing Middle Legislation vision. Key Highlights: · Premium Turner location - steps from the Northbourne Corridor, the vibrancy of Braddon and The City, light rail, cafés, shops and excellent amenities · Strong development fundamentals - highly desirable precinct with robust demand · Existing tenanted home on site - flexible holding option or potential for repositioning while planning next steps This is a standout parcel that appeals predominantly to developers seeking their next strategic project - but also offers versatility for live-in owners looking for a Turner base with future upside. Opportunities like this are rare - enquire with us today. The Numbers; · Block Size: 1045m2 · Rates: $2,951 pq approx · Land Tax: $6,387 pq approx · Current Rent: $3,545 per month, on periodic lease agreement.