510 Northbourne Avenue

With rezoning discussions already progressing (STCA), 510 Northbourne Avenue offers a standout redevelopment or future-proofing opportunity in one of Canberra’s most strategically connected urban corridors. Positioned along the high-exposure light-rail spine and moments from cafés, shops, universities and key employment hubs, the property delivers exceptional long-term potential for investors or developers seeking position, scale and future upside. Adding further strength to the proposition, the residence currently functions as a dependable rental asset, providing a stable income stream while larger plans are explored. Set on a 724sqm block, the property comprises a 4-bedroom, 2-bathroom main home paired with a completely separate 2-bedroom self-contained addition. The secondary dwelling includes its own kitchen, bathroom and private entry, and has been purpose-designed to be accessible for special-needs living, making it ideal for supported accommodation, multigenerational arrangements or strong rental returns. Generous communal areas within the main home further enhance usability, while a two-car garage and additional off-street parking add everyday practicality. Whether held as a reliable, high-yield performer, strategically land-banked or redeveloped into a significant future project, 510 Northbourne Avenue represents a rare and compelling opportunity along one of Canberra’s most important growth corridors. * Significant redevelopment or future-proofing opportunity (STCA) with rezoning discussions already progressing in this high-profile inner-north corridor * Prime position along the high-exposure Northbourne Avenue light-rail spine, minutes from cafés, shops, universities and major employment hubs * Strong existing rental income provides a dependable holding advantage while longer-term development plans are assessed * Main residence: 4 bedrooms, 2 bathrooms with generous communal living zones and a practical central kitchen * Separate addition: fully self-contained 2-bedroom accommodation with its own kitchen and bathroom, purpose-built to be accessible for special-needs occupancy * Established, low-maintenance grounds across a 724sqm landholding * Secure two-car garage plus additional off-street parking, providing valuable on-site capacity for occupants or tenants Land Size: 724sqm Living Size: 242sqm EER: 1.0* Rates: $4,464pa (approx.) Land Tax: $9,052pa (approx.) UCV: $738,600 (2025) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.