3 Nyeena Place, Narrabundah ACT 2604

Positioned in a quiet cul-de-sac on a substantial 1,063m² RZ2-zoned block, this property presents an exceptional opportunity for developers, investors and land-bank buyers alike. The existing three-bedroom home offers comfortable accommodation, while the expansive backyard and detached garage provide plenty of space and flexibility. With immediate holding income potential and significant long-term upside, the property is well suited to a range of buyer profiles. Further enhancing its appeal, the vendor has commissioned draft Development Application (DA) plans for three townhouses, providing purchasers with a valuable head start when exploring the site's redevelopment possibilities. The draft plans are available for review and may assist buyers in assessing potential development outcomes, subject to obtaining all necessary approvals. Whether pursuing the existing concept or engaging your own architect and consultants to explore alternative designs, this sizeable RZ2-zoned landholding offers flexibility and scope in an increasingly sought-after location. All development opportunities remain subject to ACT Government approval. FEATURES: • Substantial 1,063m² block in a quiet cul-de-sac location • RZ2 (Suburban Core) zoning offering future development potential (subject to approval) • Vendor-prepared draft plans available for three townhouses • Comfortable three-bedroom home with immediate holding income potential • Updated kitchen with electric cooking, dishwasher and stainless steel appliances • Combined living and dining area • Timber floorboards throughout • Three well-proportioned bedrooms, two with built-in wardrobes • Updated bathroom with bathtub and separate toilet • Ducted heating and split-system air conditioning • Detached single garage plus additional off-street parking LAND SIZE: 1063sqm PRICE: Offers Welcomed INSPECTION DETAILS: Contact Agent AGENT NAME: Brendan McKenzie & Kevin Bi CONTACT NUMBER: 0416 275 470 Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.