38 Booth Street, Queanbeyan East, NSW 2620

By Negotiation

House
Type
6
Bedrooms
2
Bathrooms
5
Parkings

Published on Tuesday, March 10, 2026 ( See property details for 38 Booth Street, Queanbeyan East, NSW 2620)

By Negotiation

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A rare development opportunity in Queanbeyan East featuring approved plans for four high-quality townhouses on a substantial 1,315m² site with existing income streams.

🏡 Property Highlights

  • Development Approval in place for four architecturally designed townhouses
  • Two adjoining titles with a total landholding of 1,315m²
  • Existing tenanted properties generating holding income of $600 per week each
  • Strategically located close to shops, schools, and transport
  • Efficient site layout maximising frontage and build yield
  • Strong resale and lifestyle appeal in a desirable suburb

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Double Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Queanbeyan East offers a vibrant community with excellent access to local shops, schools, and transport links. The area is known for its strong growth potential, family-friendly environment, and proximity to Canberra, making it highly attractive for both owner-occupiers and investors. The neighbourhood features a mix of established homes and new developments, ensuring a dynamic and desirable living setting.

What is the current condition of the existing dwellings?
The existing dwellings are currently tenanted on month-to-month agreements, providing immediate holding income while planning and development activities are underway.
Are there any restrictions or conditions attached to the development approval?
The development approval has been secured for four townhouses, with detailed plans in place. Any further conditions would be outlined by the local council and should be reviewed during due diligence.
What are the expected completion timelines for the townhouses?
Timelines depend on the construction process and project management, but with DA approval in place, the project can proceed promptly once financing and other arrangements are finalized.
Is there potential for further development or subdivision on the site?
The current DA is for four townhouses; any additional development or subdivision would require further approval and should be explored with local planning authorities.
What amenities and services are nearby?
The property is close to shops, schools, public transport, and recreational facilities, making it highly convenient for future residents.
Are there any additional costs or fees associated with the development approval process? Has the site been surveyed recently to confirm boundaries and easements? Are there any zoning restrictions or future planning proposals that could impact the development? What are the potential costs for connection to utilities and infrastructure upgrades? Are there any known environmental or bushfire risks on the property? Is there any strata or body corporate arrangement applicable to the site? Are there any nearby construction or planning activities that could cause disruption? What are the terms of the existing tenancy agreements, and are there any lease obligations?

38 Booth Street, Queanbeyan East, NSW 2620 - More Details

By Negotiation

Type
House
Bedrooms
6
Bathrooms
2
Parkings
5

38 Booth Street, Queanbeyan East, NSW 2620 - Point Of Interest

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