5 Lycett Street WESTON, ACT 2611
Vacant land - Outstanding development opportunity
A rare offering in the current market, this vacant block in a prime location within Weston provides options for either the developer or live-in owner to capitalise and reap future rewards.
The block is ideal for either a single residence or the potential to develop 2 residences (subject to approval), providing plenty of options for the savvy investor, builder or developer. The current owner has architect-designed plans available to view for an energy-efficient dual occupancy that would suit multi-generational living, including a single-level 'adaptable house', perfect for downsizers that desire a small garden and ample space to entertain.
The ultra-convenient position of this block is a true highlight, being within walking distance of Cooleman Court, ovals, parks & schools. Combined with the attributes of this block such as the long Northern boundary & potential views to the rear, the key ingredients are all here for a successful project.
Whether you are looking to build your dream home in a quality, family friendly location, or alternatively a residential project with plenty of upside in values, this property is definitely worthy of your consideration.
Be quick to register your interest in this block as these opportunities are few and far between. Please contact Andrew Potts on 0404895162 for further details & to view plans.
Summary of features:
• Vacant block of 767m2
• Development opportunity with potential for 2 dwellings (subject to approval, variation 343 applies)
• Plans previously DA approved available to view (DA has expired, however could be re-lodged for approval)
• Plans consist of:
1 x 4 bedroom plus study, double car accommodation (229m2)
1 x 2 bedroom plus study, single car accommodation (149m2)
• Ideal position to build your dream home in a family friendly street with nearby schools, parks & ovals.
• Located in sought after location within close proximity to Cooleman Court
• North to the side (long boundary) allowing excellent solar capabilities
• Potential to take advantage of views to the rear of the site
• Wide street frontage
Share property via
Information about this Land
- Listed on
- Last updated
- Property typeLand
- Block10
- Section17
- Block size767m² (approx)
- Land / Dev PurposeSuburban Zone (RZ1)
- Land valueA$730,000 (2023)
- RatesA$4,089
- Land taxA$6,500 if rented
Sales History for 5 Lycett Street WESTON, ACT 2611
The Land at 5 Lycett Street WESTON, ACT 2611 has been sold 3 times before, with the most recent sale being for $1,785,000 on 15 April 2023.
| Sold Date | Price | Sale Type | ||||
|---|---|---|---|---|---|---|
| ||||||
| ||||||
|
Have you owned this property ?
Learn more about sold data
Local Neighbourhood
5 Lycett Street WESTON, ACT 2611 has 31 schools within 5 kilometres, with the closest being St Jude's Primary.
About Weston
5 Lycett Street is located within the suburb of Weston, which has a population of 3,576, a median age of 43 and an average household density of 2.5 people.
- 3576Population
- 43Median Age
- 2.5Avg. Household Size