Outstanding development opportunity in Kenwick! This 1985-built property, spanning 852m², is strategically located within the R-codes R20/60 zoning, making it an ideal investment for those seeking to capitalize on its development potential. Boasting three bedrooms and one bathroom, this residence offers both space and structure for a range of development options.
Currently tenanted until December 2024 for $480 pw
With a solid foundation and ample lot size, this property is poised for transformation. The R20/60 zoning classification allows for the creation of multiple dwellings or a comprehensive redevelopment project that aligns with the growing demands of the area.
Investors and developers can leverage the 852m² lot size, strategically combining it with the favorable zoning to maximize the property's utility. Whether you envision building multiple units or undertaking a transformative redevelopment, this property serves as a promising canvas for your vision.
Kenwick's landscape is evolving, and this property presents the opportunity to contribute to its growth. Act decisively to secure this lucrative investment with its generous size, straightforward approach, and the potential for a 3-bed, 1-bath redevelopment. Don't miss out on the chance to shape the future of this location seize this moment to turn this property into a profitable venture. Explore the potential and possibilities that come with R-codes R20/60 zoning and make your mark in Kenwick's development landscape.
Features include: Alarm System,Garden / Courtyard,Out door entertaining area
Inspections
No open inspections scheduled.
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Contact Calvin Liew 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.
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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.