Prime Location: Nestled on 799 square meters, this property at 156 Queen Street is a gem, boasting an MR1 Residential High-Rise 5-Story Zoning. Situated just meters from Cleveland CBD on a corner position, it's an ideal canvas for innovative residential development. Versatility for Visionaries: Perfect for a variety of new residential projects, this site beckons to investors, builders, and land-bankers. Unleash your creativity with the potential for a boutique development that stands out. Investment Highlights: - An existing three-bedroom home offers immediate rental potential (main with air conditioning). - Estimated Rental Income: $560 to $590 per week, ensuring financial viability during development planning. Strategic Advantages:** - Close proximity to schools, shops, and transport facilities. - The rental return provides a cushion, covering holding costs as you plan your boutique development. Don't Miss Out. Seize this rare opportunity to secure a perfectly located site. Act now as properties like these are in high demand. Contact us to turn your vision into reality!
Call Michael Fardouly - 0413 517 222
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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.