Positioned on a generous 754m² block within the sought-after RZ3 core zone, 42 Stockdale Street presents an outstanding opportunity for investors, owner-occupiers, and developers alike. Located on a quiet, tree-lined street in the heart of Dickson, this property offers the perfect foundation for those looking to capitalise on high-density residential potential in one of Canberra’s most dynamic suburbs.
The existing residence is an original three-bedroom home that serves as a comfortable living space or a reliable rental asset. The floor plan includes an open-plan living and dining area centred around a cozy fireplace, leading into a functional kitchen with an adjacent laundry room and separate toilet.
The home is comprised of three bedrooms and one bathroom. Outside, the property boasts an expansive backyard and a secure enclosed carport. This isn't your regular block; a lease variation has already been done for the purpose of multi-unit housing of not more than five (5) dwellings*, taken together with the RZ3 zoning allowing for substantial redevelopment flexibility, making it a rare find in a market where prime Inner-North sites are increasingly scarce. Whether you choose to live in, let out, or redevelop, this property provides the ideal canvas to bring a future vision to life.
Residents will enjoy the ultimate lifestyle convenience, with the vibrant Dickson shopping centre and renowned restaurant precinct just moments away. With easy access to top-tier schools, public transport, and the city centre, this property represents a standout investment opportunity in a prestigious and growing neighbourhood.
Features include:
• Substantial 754m² block situated in the RZ3 core zone
• Prime redevelopment potential for high-density residential projects
• Amended Provision: purpose of multi-unit housing of not more than five (5) dwellings*
• Quiet, tree-lined street in a highly desirable Inner-North pocket
• Three bedrooms all with built-in robes
• Central bathroom plus a separate toilet for convenience
• Polished timber flooring throughout the main living areas
• Open-plan living and dining area featuring a classic fireplace
• Functional kitchen with direct access to the dining area
• Central bathroom plus a separate toilet for convenience
• Dedicated internal laundry with external access
• Enclosed carport providing secure vehicle storage
• Large flat block with minimal trees.
• Large, private backyard with plenty of room for extension or landscaping
• Minutes from Dickson shopping centre and the local restaurant precinct
• Close proximity to schools and major public transport links
• Short commute to the Canberra CBD and surrounding amenities
Page 42 of the Marketing Contract sets out the approved variations to the Crown Lease, including both the original provisions and the amended provisions of the Crown Lease. Prospective purchasers are advised to rely on their own enquiries and independent investigations in relation to the development potential of the property.
EER: 0.0 Stars
Block: 754m² (approx.)
Living: 97.55m² (approx.)
Enclosed Carport: 19.72m² (approx.)
Land Value: $1,300,000 (2025)
Rates: $7,102.91 per annum (approx.)
Land Tax: $15,293.00 per annum (approx.) - paid by investors only
Year Built: 1959
Disclaimer: The figures provided herein are approximate and for general informational purposes only. The material and information contained in this marketing document do not constitute legal, financial, or other professional advice. VERV Property expressly disclaims all liability for any inaccuracies, omissions, or errors contained within. No party should rely on this material as the sole basis for any decision-making process. All prospective purchasers are advised to conduct their own independent due diligence and to seek appropriate professional advice prior to entering into any binding agreements or transactions.
