With a little uncertainty in ACT development applications there has never been a better time to secure a lucrative little site in a beautifully elevated location. Blocks this size with this 2Z / Residential ‘C’ Zone, have previously had 6 townhouses approved on them, in driving up Cassidy you will observe numerous sites that have been redeveloped, so the precedence has been set. As a added bonus or reassurance the property comes with already approved plans for a very substantial dual occupancy, but I think the real profit lies in erecting up to 6 (subject to QBC approval) townhouses which will portray stunning mountain range views. Currently a very original clad home stands on the block. Within the purchase price, site excavations and cuts can be negotiated, settlement terms and time frames can also be negotiated.

All in all, a very good opportunity for a developer and with obviously resonable and motivated vendors- it will surely be snapped up soon, so be quick to enquire.