Back 97 Monaro Crescent
Off Market

97 Monaro Crescent

Red Hill ACT 2603

11
11
11
1807 m²
Block of units
Nic Salter-HardingNic Salter-Harding, last sold this property on 23 April 2026 after 126 days on market.

Overview

A Premier Development Opportunity In Red Hill

Positioned in one of Canberra's most sought-after suburbs, this boutique townhouse development offers a rare opportunity for developers and builders seeking a project with immediate market appeal. Designed by the internationally recognised, award-winning firm Fender Katsalidis (FK Australia), this future landmark development will deliver bold architectural expression backed by practical, efficient planning. The combination of FK Australia's reputation and the site's Inner South location provides exceptional credibility, strong buyer confidence and clear sales advantages. Each planned residence features its own distinct architectural identity, ensuring the finished collection stands out in a competitive market and sets a new benchmark for premium living in the area. This collection features 7 two-storey townhouses with basement garaging. Perfectly positioned within close proximity to top-tier schools, vibrant shopping precincts, lush parklands and Canberra's key cultural and employment hubs, these premium residences deliver both prestige and practicality. This is a truly rare development opportunity that is ready to go. DA approval is already in place*, and the existing improvements currently generate one of the strongest interim returns available, with all 10 residences leased and producing over $15,000 per month in gross income. The final fixed-term lease expires in November 2026, providing developers with both income stability during planning and the flexibility to commence construction on their preterred timeline.

Features

11 bedrooms
11 bathrooms
11 carspaces
11 garage spaces
1807 m² lot size
Block of units

Estimated Value

We need at least 3 similar 11 bedroom block of units sold in Red Hill over the last 12 months.

Property history for 97 Monaro Crescent

2026
Sold
Undisclosed
23 Apr 2026 by Nic Salter-Harding, of LJ Hooker Dickson

Happy sellers in Red Hill

78%
78% of sellers in Red Hill reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Red Hill over the last 12 months.

Local market activity for 11 bedroom block of units in Red Hill

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