A Rare Opportunity
Two large adjoining blocks with RZ2 zoning and a combined area of 1578sqm in a highly sought after location already a hub of new development.
Currently positioned on these two blocks are two houses which are currently deriving a rental income therefore offering a positive cash flow whilst you plan your new development.
Centrally located close to Woden Town Centre, Canberra Institute of Technology, Canberra Hospital, restaurants and arterial roads.
Recent sales in the area of new developments highlight the desirable nature of this location.
The properties are being offered by tender individually or as a combined lot.
Tender is to be submitted to Luton Properties Manuka office 12-14 Bougainville Street Manuka, Act by 5 pm Wednesday the 27th of July
Features:
Development opportunity
Tenanted
Ideal location
RZ2 zoning