Set in the heart of Woden Valley, this 882m² corner block with RZ2 zoning presents an exceptional opportunity for those seeking location, lifestyle, and future potential. Well-positioned, the property is just moments from Woden Town Centre, the Southlands Shopping precinct, Canberra Hospital and quality schools including Mawson Primary.
The existing three-bedroom home offers a north-facing living room overlooking the backyard and a retro kitchen with some updated appliances, all complemented by ducted reverse-cycle heating and cooling. With a little work, the home could serve as an ideal live-in opportunity for first-home buyers or as a solid option for those investors looking to hold a valuable piece of land, at an affordable price, while collecting a reasonable rental income.
The block itself is flat, rectangular and positioned on the corner, giving great scope for future development. The potential for dual street access offers flexibility, while the size and shape make it ideal for maximising value. A second storey could capture outstanding views to Mount Taylor or over Woden, and a strong precedent for redevelopment in the immediate street and surrounding neighbourhood further highlights the proven demand and success of similar projects.
Mawson remains one of Woden Valley’s most convenient and connected suburbs. Families are drawn to Mawson Primary with its highly regarded bilingual programs, while the Southlands Shopping Centre is known as one of Canberra’s most culturally diverse hubs for food and local services. Woden Westfield and the Canberra Hospital are only minutes away, while public transport and major roads to the City are within easy reach.
Key Features
• 882m² flat, rectangular corner block
• RZ2 zoning with future development potential
• Elevated position with outlooks toward Mount Taylor
• Three-bedroom home with ducted reverse-cycle heating and cooling
• Retro kitchen with updated appliances
• North-facing living room and backyard
• Dual street access options for flexibility
• Surrounded by recent quality redevelopment in the area
• Walk to Southlands Shopping Centre and Mawson Primary
• Close to Woden Town Centre, Westfield, and Canberra Hospital
• Easy access to public transport and major arterial roads
UCV: $752,000
Block Size: 882m2
House Size: 95m2
EER: 1.5 stars
Year of Construction: Circa 1970
Outgoings:
General Rates: $1,098.80 p/qtr (approx.)
Land Tax (investors): $2,187.90 p/qtr (approx.)
Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.
