12 Hobart Avenue, Forrest, ACT 2603

Endless opportunities are available on this incredible 1232m2 block in the NCA precinct.

Currently comprising with a two story, four bedroom home that can be lived in, rented out or renovated.

The NCA precinct also offers further ability to knock down and build your dream home, or multiple town residences.

The property currently has DA plans approved for 3 dwellings, and plans for 2 dwellings currently submitted for DA approval.

An excellent block for redevelopment with level land and a northerly aspect along one side.

In a very sought after locale, moments to Parliament House, Manuka Shops, Forrest School across the road and other excellent school in the vicinity.

Opportunities like this don't come up often and will become more and more rare.

Features:
NCA precinct – allowing for ability for knock down for one house or 2/3 dwellings
Perfect redevelopment block
Level land with a norther aspect to the side
DA approved for 3 dwellings
DA submission for 2 dwellings
The current property is a substantial two story home with four bedrooms – allowing immediate accommodation for owner occupiers who want to be in the area and renovate later or rent out while plans are being approved and finalised
Forrest Primary School across the road
Within the Parliamentary Triangle
Parliament House within a very close proximity
Walk to Manuka, Barton Precinct and further to the lake
Exceptional opportunity to capitalise on

Land size:1232m2 approx
Land rates: $2,227m2 approx
UCV: $2,400,000 approx
EER: 2.5