Set on approximately 1,003 m² on one of Red Hill's most sought-after streets, 218 La Perouse Street offers an outstanding opportunity to create a home designed around you. With a generous, level block and established leafy surrounds, this is a place to plan for the future in Canberra's desirable Inner South.
The appeal lies in the space to start afresh. Knock down and rebuild your own family home, subject to approval, with the layout, finishes and outdoor spaces you have always wanted. Whether you imagine spacious single-level living, room for a growing family or a garden designed for entertaining, this substantial block offers the scope to bring your ideas to life.
For buyers considering an alternative, existing DA-approved plans for two homes are also available. Explore the approved design or pursue your own vision, subject to the relevant approvals.
The existing single-level home includes four bedrooms, separate living and dining areas, a kitchen overlooking the backyard, a spacious sunroom and a rear deck. Currently leased to a family on a month-to-month periodic tenancy, it provides rental income while you develop your plans.
It is a location well suited to putting down roots, with Red Hill Primary School, St Bede's Primary School and Canberra Grammar School nearby. Walk to Red Hill shops and cafés, enjoy the trails of Red Hill nature reserve, or take a short drive to Manuka's restaurants and boutiques. Inner South employment hubs and the city are also within easy reach.
Contact Sisi Chen or Bill Lyristakis to explore the possibilities or arrange an appointment at our office to review the DA-approved plans.
Key Features:
4 Bedroom I 1 Bathroom I 2 Car I EER 0.5
Approximately 1,003 m² level block in a sought-after Red Hill location
DA-approved plans available to review at our office by appointment
Opportunity to design your own family home, subject to approval
RZ2 block
Currently leased on a periodic tenancy
Close to Red Hill Primary, St Bede's and Canberra Grammar schools
Walking distance to Red Hill shops and cafés
Short drive to Manuka and Inner South employment hubs
Location Highlights:
Schools
St Bede's Primary School - 2-minute walk
Red Hill Primary School - 5-minute walk
Canberra Grammar School - 2-minute drive
Narrabundah College - 4-minute drive
St Benedict's Primary School - 5-minute drive
Narrabundah Early Childhood School - 5-minute drive
St Edmund's College - 5-minute drive
St Clare's College - 5-minute drive
Forrest Primary School - 6-minute drive
Telopea Park School - 7-minute drive
Canberra Girls Grammar School - 5-minute drive
Shopping and employment hubs
Red Hill shops and cafés - 5-minute walk
Manuka Village - 5-minute drive
Kingston Foreshore - 6-minute drive
Barton government offices - 7-minute drive
Parliament House and Parliamentary Triangle - 8-minute drive
Deakin business and medical precinct - 8-minute drive
Fyshwick commercial precinct - 8-minute drive
Woden Town Centre - 10-minute drive
Canberra Hospital - 10-minute drive
Canberra CBD - 12-minute drive
Property Details:
Block size: 1003 sqm
Residence size (approx.): 127.27sqm + Sunroom: 23.55 sqm + Garage: 40.15 sqm
Rates: $2608 per quarter (approx.)
Land tax: $5800 per quarter (approx.) (payable only if rented)
UV: $1,890,000 (2026)
EER: 0.5