Rare CBD development site with holding income
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172 Crawford Street, Queanbeyan NSW 2620

Buy Now - $800,000

Commercial LandSize: n/a
Block size: 472 m² approx.Commercial Land size: 472 m² approx.
Burgess Rawson are pleased to bring to market via Expressions of Interest the once in a 30+ year opportunity to purchase 172 Crawford Street, Queanbeyan.

Queanbeyan is a booming town located only minutes from the Canberra boarder and 9kms to Canberra Airport. The Queanbeyan Palerang Region is experiencing substantial growth with the population forecast to increase some 30.17% by 2041.*

172 Crawford Street is in the centre of Queanbeyan, within a short walking distance to major retail outlets, shopping centres, medical hubs and close proximity to Queanbeyan Hospital.

The subject site is a 472 sqm rectangular fully fenced car park containing 19 parks with an awning providing cover to 14 of the parks. There is dual access from both Crawford Street and Sheedy Lane.

Currently leased to NSW Government the site presents itself perfectly for future development with a holding income ensuring you don't miss out while you get all planning and approvals in place.

E2 Commercial Centre Zoning:
Allowable uses (STCA) include but are not limited to:
- Hotel or motel accommodation
- Artisan food and drink industries
- Veterinary hospitals
- Shop top housing
- Backpackers’ accommodation
- Boarding houses
- Centre-based child care facilities
- Commercial premises
- Hotel or motel accommodation
- Places of public worship

Key Highlights:
- 472 sqm site
- E2 Commercial Centre Zoning
- Wide Range of uses
- Dual Access
- 20m height limit (STCA)

Lease Details
Lessee: Property NSW
Term: 5 years until 30th Nov 2027
Increases: 4% fixed
Options: Nil
Net Income: $29,782.35 pa + GST

Expressions of Interest Closing 4pm 7th December 2023

For more information please call James Baker on 0421 863 040 or Guy Randell 0430 272 999
* as provided by forecast.id.com.au
nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Home Ultrafast

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Property type:
Commercial Land
Block Size:
472 *

Other Details

Lot:
21
Plan Type:
DP
Plan:
713562
Commercial Land Size:
472 *
Legal description:
21/713562
nbn® availability:
nbn® Fibre to the Premises (FTTP)
*These are approximate values based on available information.
Burgess Rawson Canberra

Maps and area information

Block information
Block size: 472 (approx)
Legal description: 21/713562
Block Map
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.

What's nearby

Queanbeyan Public SchoolPrimary School
0.8km
Queanbeyan High SchoolHigh School
1km
Queanbeyan District Hospital & Health ServiceHospital
0.2km
Riverside PlazaMajor Shopping Centre
0.1km
Australian National UniversityUniversity
13.1km
Narrabundah CollegeCollege
8km
Queanbeyan Post OfficePost Office
0km
Canberra Institute Of TechnologyTafe
7.3km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
05 Dec 2001
Sold
$40,000
Contract: 15/10/2001
Transfer: 05/12/2001
Block size: 472m²
Transfer type: Full transfer
Purpose: Residence
05 Dec 2001
Sold
$160,000
Contract: 05/12/2001
Transfer: 05/12/2001
Block size: 472m²
Transfer type: Full transfer
Purpose: Residence

Queanbeyan suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
6,409
Listing ID: 182032352. This listing has been viewed 853 times. It was first displayed on 25/10/2023 and last updated on 15/04/2024.
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.