Investment Opportunity with Development Potential (STCA)
Situated at 262 Boronia Road, Boronia, this prime piece of residential land offers a multitude of possibilities. With a generous land size of 1392m2, this property is zoned for residential use, making it a valuable asset for savvy investors and developers alike.
Currently, the property boasts a commercial lease agreement, providing a reliable rental return of $55,000 plus GST and outgoings. This secure income stream allows you to sit back and collect rent while you plan for the future.
The location of this property is also a major drawcard. Close to all amenities, including shops, schools, and public transport, it offers convenience and accessibility for both residents and potential tenants. Whether you choose to develop the land or hold onto it for future gains, this property is a smart investment choice.
Don't miss out on this incredible opportunity to secure residential land with development potential in the heart of Boronia. Contact us today to arrange a viewing and explore the possibilities that await you.
Inspections
No open inspections scheduled.
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Contact Wayne Sewell to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Boronia suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
23,607
Listing ID: 182277084. This listing has been viewed 1 time. It was first displayed on 07/02/2024 and last updated on 16/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.