A prime RZ2 zone opportunity is offered on the verge of Griffith, providing a site totalling 2783m2 of land involving three blocks adjoining to create an exciting new development.
No. 21 Lindsay Street
Block size: 836m2
UV: $888,000
No. 23 Lindsay Street
Block size: 918m2
UV: $936,000
Current Rental: $800 p/w.
No. 25 Lindsay Street
Block size: 1029m2
UV: $907,000
Potential Rental: $550 p/w.
Narrabundah is considered one of Canberra's most popular central suburbs positioned perfectly to provide an enjoyable tranquil lifestyle with the added convenience of walking distance to the Griffith shops, and proximity to Manuka, Kingston and the Foreshore, as well as Lake Burley Griffin.
The site offers two neatly presented brick cottages which would attract good rental during planning phase, with the third being a Mr. Fluffy. The Mr Fluffy cottage is currently compliant with legislative requirements and ready for demolition.
An opportunity not to be missed!
Features:
• Large RZ2 zoned blocks totalling 2783m2 to be sold in one line.
• Two original double brick homes well-maintained and capable of good rental potential.
• Mr. Fluffy cottage currently compliant with legislative requirements and ready for demolition.
• Quiet street, with parkland nearby and close to Manuka precinct.
• Potential to develop at least 8 townhouses. (STA)
.jpg&w=3840&q=75)