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

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

A rare development opportunity in Queanbeyan East featuring approved plans for four high-quality townhouses on a substantial 1,315mΒ² 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)
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38 Booth Street
Queanbeyan East, NSW 2620
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Vertical aerial view β€” 38 Booth Street
38 Booth Street — Vertical Aerial  •  Queanbeyan East, NSW 2620  •  Nearmap © 2026

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

An outstanding opportunity to secure 36 & 38 Booth Street, two adjoining properties forming a substantial 1,315mΒ² combined landholding in a highly desirable location. With Development Approval already in place for four architecturally designed townhouses, this is a rare chance to acquire a ready-to-execute project with planning risk significantly reduced.

The approved plans comprise four spacious, high-quality residences designed to meet strong buyer demand for premium, low-maintenance living. Each townhouse features formal and open-plan living zones, island kitchens with walk-in pantries, downstairs powder rooms, covered alfresco areas and double garages with internal access.

Upstairs configurations include three four-bedroom townhouses and one three-bedroom townhouse, each with a generous main suite incorporating walk-in robe and ensuite. One residence also benefits from a private secondary bedroom balcony β€” adding architectural interest and lifestyle appeal.

The site configuration maximises frontage and build efficiency, offering a practical construction footprint and strong resale positioning. Importantly, both existing dwellings are currently tenanted on month-to-month agreements at $600 each per week, providing holding income while construction drawings, marketing strategy, or finance arrangements are finalised.

With proximity to shops, schools and transport, the completed product is well positioned to attract owner-occupiers and investors alike β€” supporting strong end-value potential.

Investment Highlights:
β€’ Two adjoining titles – total landholding of 1,315mΒ²
β€’ DA approval secured for four architecturally designed townhouses
β€’ Reduced planning risk – project ready for progression
β€’ Efficient site layout maximising frontage and build yield
β€’ Three 4-bedroom + one 3-bedroom configuration
β€’ Double garages with internal access to all residences
β€’ Existing holding income from month-to-month tenancies
β€’ Strong resale and lifestyle appeal location
β€’ Ideal opportunity for developers seeking a boutique project

DISCLAIMER
Although all care is taken in the preparation of any information (including property information) and content provided in this document, it does not constitute business, financial or real estate advice and is provided for general information purposes only. Blewitt Properties does not make any representations or give any warranties about its accuracy, reliability, completeness or suitability for any particular purpose and disclaims all responsibility and liability arising from reliance thereupon.
Please see the Blewitt Properties terms and conditions at www.blewittproperties.com.au for a more detailed disclaimer.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
5

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