For Sale

1 Frederick Street, Crestwood, NSW 2620-Image

1 Frederick Street, Crestwood, NSW 2620

Auction - Price Guide $800,000 - $880,000

Residential Land

Type

718 m²

Area

Last updated on Wednesday, June 24, 2026 ( See property details for 1 Frederick Street, Crestwood, NSW 2620)

Auction - Price Guide $800,000 - $880,000

Ben Stevenson - Real Estate Agent - Blackshaw - Manuka

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AI Property Insight

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

A versatile 718m² residential land parcel in Crestwood offering R3 zoning, existing income, and significant development potential near Canberra and Queanbeyan.

🏡 Property Highlights

R3 Medium Density Zoning for increased development potential
Existing long-standing automotive business providing immediate income
Strategic location close to Queanbeyan CBD and Canberra
Flexible holding strategy with income and future redevelopment upside
Permitted uses include townhouses, dual occupancies, and terraces
Rare opportunity combining income stream with development prospects

✨ Key Features

Waterfront / Views
Open-Plan Living
Dual Living
Home Office / Study
Balcony
Garage
Outdoor Area
Built-in Robes
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Crestwood, NSW 2620

Crestwood is a thriving suburb renowned for its strategic location close to Queanbeyan CBD and Canberra, offering excellent connectivity and growth prospects. The area features established amenities, parks, and schools, making it highly desirable for families and investors alike. Its increasing demand for low-maintenance, medium-density housing options supports strong resale and rental markets. Crestwood’s ongoing development and proximity to regional centres ensure long-term value appreciation. The neighbourhood combines a peaceful community atmosphere with excellent accessibility, making it an ideal location for both immediate income and future redevelopment opportunities.

Frequently Asked Questions

What are the permitted development options under R3 zoning for this land?

Permitted uses include townhouses, multi-dwelling housing, dual occupancies, manor homes, terraces, and boarding houses, subject to council approval.

Can the existing automotive business continue operating after purchase?

Yes, the current landowner operates a long-standing automotive business, which can continue under an agreed commercial lease or be vacated upon settlement.

What are the benefits of holding this land as an investment?

The property offers immediate income potential through the existing business, along with future redevelopment opportunities under R3 zoning, making it a flexible long-term investment.

Is the land suitable for building townhouses or duplexes?

Yes, the R3 Medium Density zoning permits the construction of townhouses, duplexes, and other multi-dwelling developments, subject to council approval.

What amenities and services are available nearby?

The property is minutes from local schools, parks, shopping centres, and offers easy access to Queanbeyan CBD and Canberra, ensuring convenience and connectivity.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could affect future development plans? What are the current council requirements and approval processes for building under R3 zoning? Are there any easements, covenants, or restrictions on the land that could impact development? What is the condition of the existing infrastructure and services on the site? Are there any environmental or bushfire risks associated with the property? Is there any ongoing or planned nearby construction that could affect the property’s value or livability? What are the terms and conditions of the existing lease for the automotive business? Are there any strata or community title considerations if subdividing or developing? What are the potential costs involved in rezoning or obtaining development approvals? Is the property located within a flood zone or bushfire-prone area?

1 Frederick Street, Crestwood, NSW 2620 - More Details

Auction - Price Guide $800,000 - $880,000

Type: Residential Land
Area: 718 m²

1 Frederick Street, Crestwood, NSW 2620 - Point Of Interest

Locate Near By Places of 1 Frederick Street, Crestwood, NSW 2620 On Map

Your Commute at a Glance: 1 Frederick Street, Crestwood, NSW 2620

Email Enquiry To Blackshaw - Manuka

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