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Development/Land For Sale or For Lease found in BELCONNEN, ACT 2617

Properties located in the surrounding suburbs

DA READY TOWNHOUSE DEVELOPMENT SITE

Development/Land

Aranda is a highly-sought after residential market and few opportunities are readily available to buy into the suburb. The chance to acquire adjoining blocks and construct 6 premium townhouses comes at an ideal time in the market and with the DA already lodged, the time to get this block underway will be reduced.
37 and 39 Bandjalong Crescent offers 1,755sqm of RZ2-zoned land approximately 100m from the Aranda Shops, 800m from the Jamison Centre and 10 minutes from the Canberra CBD. The immediate area is a mix of single residential dwellings and modern townhouse developments as well as local schools and community facilities.
The current DA was lodged prior to the July 2017 changes to the Lease Variation Charge system for multi-unit developments, presenting a substantial cost saving upfront.
Stewart Architects has designed a scheme that incorporates generous bedrooms and living areas, undercroft parking for two cars and internal courtyards. The dwellings can also be built to suit adaptable living.
The location of Aranda in the inner residential ring of the ACT will underpin the strength of these townhouses in the future and help developers secure
attractive returns. To be sold by Public Auction on Friday 20th October 2017 at 11am. Contact the exclusive marketing agents Knight Frank for more details. EER - 1 star and 1.5 stars

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Price: Auction    Land: 1755m²    Occupancy: Vacant

WELL LOCATED SITE WITH REDEVELOPMENT POTENTIAL.

Development/Land

Unique site offering significant development opportunities.
Ideal for building, office, plant equipment, wholesale supplies, container storage, bulky goods and various other possible uses and opportunities to be purpose designed and built. Two storey office building also for use on site.
Mitchell accommodates a broad range of commercial and light industrial users. The site is close to Exhibition Park, Canberra Raceway, Gungahlin and major roads connecting to the Federal Highway, Canberra City and Fyshwick. Adjoining buildings are also available for lease.
Size: Approximately 12,000 sqm
POA

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Rent: Price Upon Application    Land: 12000m²

SUBURB PRICE GUIDE

Suburb Summary - Belconnen, ACT 2617

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $3890 $307 7.89%
Retail $4394 $384 8.74%
Industrial $250
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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