Located in the highly sought-after suburb of Aranda, this RZ2 land bank opportunity offers an array of possibilities ideal for builders, investors and developers alike.
The land:
874sqm block in RZ2 zoning, perfect to hold for future land bank and development opportunities.
The lifestyle and location:
Within close proximity to Jamison Centre, St Vincent Primary School, Aranda Primary School, Canberra High School, Two before Ten Café, Calvary Hospital and easy access onto Caswell Drive taking you straight to the City or onto Gungahlin Drive.
The opportunity:
A block of this size, in this location, in this zoning with the Belconnen area and close to the City and easy access to Canberra’s South – this opportunity is available here and now. Don’t miss out!
Features of each property include:
1/42 Bindel Street Aranda:
• Ground level
• 119sqm approx.
• 3 spacious bedrooms
• Timber floors to kitchen and living areas
• Reverse cycle air conditioning to the living room
• Separate bathroom complete with bath tub
• Single carport
• Shared yard
2/42 Bindel Street Aranda:
• Upper level
• 119sqm approx.
• 3 spacious bedrooms
• Timber laminate flooring to the kitchen and living areas
• Carpet to bedrooms
• Reverse cycle air conditioning
• Built-in robes to 2 bedrooms
• Generous sized balcony
• Single carport
• Shared yard
Don’t miss this unique and wonderful opportunity.
EER: 2.5
Built: 1969
General Rates: $3,725.13pa approximately
Land Tax: $5,721.36pa approximately
AUV: $600,000 (2020)
Block: 874sqm approximately
Each residence: 119sqm approximately
Rental potential: $900+pw
**COVID 19 UPDATE**
Although the restrictions of the ACT Lockdown have eased, please be mindful that only the actual buyers attend the inspections to limit the numbers for the safety of others attending open homes. You may be asked to wear a mask upon entry to the open home, subject to the ACT government guidelines at the time. It is requested that all attendees sign in using Check in CBR app with the displayed QR code at this property. Social distancing is to be respected. COVID-19 is an ever changing situation and your co-operation with government guidelines is appreciated.
The Blockofunits at 42 Bindel Street ARANDA, ACT 2614 has been sold 2 times before, with the most recent sale being for $1,560,000 on 27 November 2021.
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42 Bindel Street ARANDA, ACT 2614 has 31 schools within 5 kilometres, with the closest being St Vincent's Primary.
42 Bindel Street is located within the suburb of Aranda, which has a population of 2,393, a median age of 41 and an average household density of 2.7 people.