The recent missing middle reforms have expanded what can be built on RZ1 land. 18 Studley St offers 1065m² of flat earth on a corner block in a very sought after pocket of Tuggeranong.
The prospective buyer could look to add a secondary dwelling, redevelop the whole plot with terraces/townhouses (stca) or simply enjoy the home and expansive land for themselves, benefiting from future resale potential.
The property can also remain tenanted or be negotiated for occupancy, depending on the buyers needs.
The home itself is split level in design, with living, dining and kitchen on one end and the bedrooms on the other. Floor to ceiling glass allows lovely natural light throughout the home and a reverse cycle system in the living room provides both heating and cooling.
The kitchen overlooks the expansive rear backyard and the bathroom is serviceable and offers separate bath, shower and toilet.
The location is fantastic, geographically centred between Chapman and the Murrumbidgee golf course, with Cooleman Ridge Nature Reserve a stones throw away. No traffic lights to the city, 8 minutes to Woden and your choice of a short drive down to the local Kambah Village Shopping Centre or Cooleman Court Shopping Centre.
Whether you are looking for a location to grow into, or a savvy development move, 18 Studley offers fantastic opportunity and versatility.
Sales Specifics (approx.):
Rental estimate: $600 - $620 p/w
Living size: 104m²
Year built: 1975
EER: 1.0 stars
UV: $602,000 (2025)
Rates: $3,655 p.a.
Land Tax: $6,953 p.a.
Disclaimer
My Morris make all efforts to provide correct information on this listing. However, we accept no responsibility and disclaim all liability for any errors, omissions or inaccuracies. All parties must inspect and rely on their own investigations to validate the information provided.
