An exceptional opportunity to secure a high margin development opportunity in one of Canberra's most sought-after suburbs.
Set on 1048m2, this is a unique 'non-standard block', allowing a separate title dual occupancy of any size and without incurring any Lease Variation Charges, saving approximately $100,000.
The location offers an unbeatable lifestyle just moments from the vibrant Ainslie Shops, the renowned dining and entertainment precinct of Braddon, the Canberra CBD and the walking trails of Mt Ainslie.
The site's substantial frontage has allowed the approved dwellings to be detached while both having strong street appeal. With such a large block, the dwellings are both substantial yet single storey an ultra-rare offering that is in massive demand from the cashed-up downsizer market.
Opportunities of this nature are scarce in any suburb but genuinely unique in Ainslie, where the absence of RZ2 zoning has thus far prevented contemporary downsizer housing despite continuous demand.
The block accommodates generous outdoor areas including optional plunge pools, and the long northern axis gives ideal solar access with easy energy efficiency.
This combination of large, detached, single-storey, sunny homes in a premium inner-city location is without competition and sure to be sought after.
Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.