14 Greenway Street, Turner, ACT 2612

EOI

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings

Published on Friday, August 21, 2026 ( See property details for 14 Greenway Street, Turner, ACT 2612)

EOI

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development-grade property in Turner offering substantial land, existing income, and future growth potential within a highly desirable inner north locale.

🏡 Property Highlights

  • Prime 1211m² RZ3-zoned land in Turner with potential to extend to 2245m².
  • Located across from Haig Park and close to the Northbourne Corridor, linking directly to Canberra CBD.
  • Development opportunity aligned with ACT Government's Missing Middle vision for urban infill.
  • Existing income stream from a tenanted home generating $7,618 per month.
  • Adjacent property at 16 Greenway Street available to expand the development site.
  • Highly sought-after inner north location with strong demand and high amenity.

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Internal Laundry
  • Floorboards

Turner is a highly sought-after inner north suburb renowned for its leafy streets, high-amenity lifestyle, and excellent connectivity. It offers easy access to Canberra’s CBD, vibrant café and retail precincts, and public transport including light rail. The area boasts strong demand from both owner-occupiers and developers, making it an ideal location for future growth. Surrounded by parks and green spaces, Turner combines urban convenience with a relaxed, community-oriented atmosphere.

What are the future development possibilities for this site?
The property is zoned RZ3, allowing for urban infill projects aligned with the ACT Government's Missing Middle vision, with potential to expand the land to 2245m² when combined with the adjacent property.
Is there an existing income from the property?
Yes, the current dwelling is leased and generating approximately $7,618 per month, providing a steady income stream while planning or development is underway.
What is the strategic location of this property?
Located across from Haig Park and just two blocks from the Northbourne Corridor, it offers direct access to Canberra CBD, light rail, and vibrant local amenities.
Are there any restrictions or approvals needed for development?
Development must comply with ACT zoning regulations, specifically RZ3, and any proposed projects will require appropriate planning approvals from local authorities.
What are the benefits of owning a property in Turner?
Turner offers a high-demand, high-amenity environment with excellent connectivity, proximity to parks, cafes, retail, and public transport, making it ideal for both investment and owner-occupation.
Are there any existing easements, covenants, or planning restrictions affecting the property? What are the potential costs associated with extending the land to 2245m², including any approvals or infrastructure upgrades? Are there any known issues with the current dwelling, such as structural defects or compliance concerns? Is there any planned or upcoming development activity in the immediate vicinity that could impact the property? What are the zoning regulations and building height limits for future development on this site?

14 Greenway Street, Turner, ACT 2612 - More Details

EOI

AT A GLANCE

Land size: 1211m² (opportunity to extend to 2245m2 with next door)
Zoning: RZ3
Rates: approx. $3,083 p.q.
Land Tax: approx. $6,471 p.q.
Current Rent: $7,618 per month (3 dwellings)

THE OPPORTUNITY

A substantial 1211m² RZ3-zoned landholding in Turner, positioned across from Haig Park & 2 blocks from the Northbourne Corridor - one of Canberra's fastest-growing precincts, linking straight into the CBD and beyond.

RZ3 zoning opens the door to an urban infill project aligned with the ACT Government's Missing Middle vision, making this a genuine development-grade opportunity in one of the Inner North's most tightly held suburbs.

A further land acquisition opportunity exists with 16 Greenway St on the market to grow the development site potential to 2245m2 total.

WHY TURNER

A short walk to light rail, Braddon's café and retail strip, and the City centre
Consistently strong demand in a leafy, established, high-amenity pocket
Direct connectivity via the Northbourne Corridor growth spine

HOLDING INCOME AND FLEXIBILITY

The block isn't sitting idle - a tenanted home is already in place, generating $7618 per month on a periodic lease. That gives a purchaser breathing room: hold for income while plans are finalised, or explore repositioning the existing dwelling.

WHO THIS SUITS

Primarily developers chasing a well-located infill site with strong fundamentals - though the existing home also gives owner-occupiers a pathway to a Turner address now, with upside to unlock later.

Sites of this calibre in Turner don't come up often. Contact us to find out more.

Type
House
Bedrooms
5
Bathrooms
3
Parkings
2

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