Absolute Landmark Development Opportunity With Holding Income

496 Northbourne Avenue,Dickson ACT 2602

By Negotiation

Commercial LandSize: n/a
Block size: 6090 m² approx.Commercial Land size: 3872 m² approx.UV: $10,100,000 (2019)
Absolute Landmark Development Opportunity With Holding Income

496 Northbourne Avenue represents a rare opportunity to purchase a large scale development site with approximately 2.5 years of holding income, underwritten by the ACT Government. The primary features of this opportunity are:

- Gateway location on the corner of Northbourne Ave and Antill Street in Dickson, Canberra
- Outstanding vista's on the eastern, northerly and westerly sides.
- Street frontage to Challis Street, Antill Street and Northbourne Avenue.
- 6090 sqm level rectangular site currently allowing development up to 32 metres.
- Ideally positioned to capitalise on the new Capital Metro Light Rail and Dickson Town Centre revitalisation.
- Crown lease allowing residential, office, retail, restaurant and hotel uses with no gross floor area restriction.
- 3872 sqm office building with 125 on site car parks leased to the ACT Government until 24 August 2020
- The building has as 4-Star NABERS Energy rating.
- Current net annual income of approximately $1.7 million

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Commercial Land
Block:15
Section:33
Block Size:6090 (approx)
Commercial Land Size:3872 (approx)
Unimproved Value:$10,100,000 (2019)
Civium Property Group - Commercial

Maps and area information

Land Details
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Block information
Block 15 Section 33 Dickson
Block size: 6090 (approx)
Unimproved value: $10,100,000 (2019)
Legal description: CANB/DICK/33/15/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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What's Nearby

Lyneham PrimaryPrimary School
1km
Lyneham High, LynehamHigh School
0.6km
Calvary Private HospitalHospital
4.2km
Canberra CentreMajor Shopping Centre
3.5km
Australian National UniversityUniversity
3.8km
Daramalan CollegeCollege
0.6km
Dickson Post OfficePost Office
0.4km

Dickson Suburb Information

 
 
Average Age
33 years
Population
2,138
Dickson Profile
Dickson Occupancy

Contact agents

Civium Property Group - Commercial

Civium Property Group - Commercial

Licensed Agent & REIACT Member
REIACT
View agency details
Andrew SmithCivium Property Group - Commercial
Please send me information on 496 Northbourne Avenue, Dickson ACT 2602
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This listing has been viewed 205 times. It was first displayed on 07/06/19 and last updated on 29/07/19.