The dimensions of this awesome allotment, measuring in excess of 3,200 sqm (over 3/4 of an acre), are arranged over two titles. It is strategically located in a pocket of Invermay where the appeal of the period homes is matched by the attraction of suitability for commercial activity.
This rewarding property and its classic Federation era residence, originally built c1908 for Captain Panton, illustrate the point perfectly.
The three bedroom brick home, which is ready for renovation is accompanied by land that, although zoned General Residential, offers the advantage of Existing Use rights relevant for trailer hire/transport depot/manufacturing purposes (STCA). The option to occupy a home that you've renovated to your own taste and to pursue business success of your own preference all on the same site is entirely enticing.
Multi unit re-development scope can also be considered (STCA), free from planning scheme requirements for double story construction due to the site's elevated setting a significant asset.
Alternatively, undertake a landscaping project to enhance the home and enjoy what may well be the biggest back garden in Invermay!
The location is defined by its proximity to Invermay Primary School, the Star Theatre, Swamp Café, Manu Bakery, the Inveresk UTAS campus and UTAS stadium.
The vendors will also consider separate sales of the Titles with boundary adjustment.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Doug Marshall 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.
Enrolment areas for ACT public schools.
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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.