SoldApr 24, 2026

97 Monaro Crescent, Red Hill, ACT, 2603

Amount undisclosed

11
11
11
1807 m²

BlockOfUnits

9 days on the market

Sold: Apr 24, 2026

What's around 97 Monaro Crescent

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.

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