Calling all Developers and Investors!

On offer are 2 adjoining residential properties with a combined land area of 1885m2, situated on the high side of the street and zoned Rz2. This zoning allows for redevelopment for multiple units.

Both properties will be sold as one by public auction on Saturday 19th March 2016 at 1pm.

With increasing demand for housing in the Macquarie area, specifically for those downsizing, these properties are ideal development opportunity with their prime location within walking distance to the Jamison Centre, Belconnen markets and all bus routes. The properties are located in a quiet street with a north facing sunny aspect and a park directly opposite.

This is also a perfect long term investment opportunity with both homes fully established with a excellent rental demand and projection.

Very few opportunities arise to purchase such a lucrative development opportunity in one of Canberra’s in demand and highly sought after inner north suburbs.

This is a win-win opportunity whichever way you look at it.

All enquiries to be directed to the listing agents and will be treated with strict confidentiality.

Lyn Chambers 0418661980
Cameron Colquhoun 0402842291

Total block size: 1885m2
Combined UCV: $833,000

Note: #3 Wylde EER 3.0; #1 Wylde EER 0.0