Expressions of Interest
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419 Anzac Parade & 17-21 Sturt Street, Kingsford NSW 2032

Land
Block size: 1626 m² approx.

R3 Zoned 40 Metre Frontage - Prime Real Estate Opportunity Opposite Kingsford's Light Rail

Situated strategically opposite Kingsford's light rail station and within a mere 900-meter walk from the prestigious University of New South Wales, this exceptional property presents an enticing investment opportunity. Comprising four freestanding properties with dual street access, the site offers a level and unencumbered rectangular plot, making it an ideal canvas for development.

Location Advantage:
The property's prime location directly opposite the Kingsford light rail station not only ensures convenient access to public transportation but also enhances its attractiveness for various development purposes. With the University of New South Wales in close proximity, along with the Prince Of Wales Hospital, the area boasts a high demand for residential and student accommodation, making it an ideal investment hotspot.

Development Potential:
Under the prevailing planning controls, the site presents a myriad of development possibilities. Prospective buyers have the flexibility to explore options such as multi-residential developments, student accommodations, mature age living facilities, or boarding homes. The permissive zoning regulations coupled with the property's dual street access offer developers a wide scope for creative and lucrative projects.

Key Features:
Zoned R3 1626 sqm or 2601 sqm of gfa 40m frontage x 40.58/50.58 length Height Of Building 16.5m

Dual Street Access: The property enjoys access from two streets, providing flexibility in design and construction logistics.

Level and Clean Site: With no encroachments and a level terrain, the site minimizes the complexities associated with site preparation, facilitating smoother development processes.

Rectangular Shape: The regular shape of the property lends itself well to efficient land utilization and optimal spatial planning for development projects.

Investment Potential:
Given its strategic location, versatile zoning provisions, and proximity to educational institutions, the property holds immense investment potential. Developers, investors, and stakeholders keen on tapping into the burgeoning demand for housing and accommodation in the area stand to benefit significantly from this prime real estate opportunity.

EOI: Closing 12th April 2024

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enqueries.

Features include: Close to Transport,Close to Shops,Close to Schools

Inspections

No open inspections scheduled.

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Contact David Lee to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Land
Block Size:
1626 *

Other Details

NGFarah Pty Limited

Maps and area information

Block information
Block size: 1626 (approx)
Block Map
No block information available
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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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.
Enrolment areas for ACT public schools.

Property history

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Kingsford suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
13,492
Listing ID: 181970658. This listing has been viewed 13 times. It was first displayed on 03/10/2023 and last updated on 11/04/2024.
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.