28 Wakefield Avenue,
Braddon, ACT 2612
Development Sites & Land
Price information
Sold
Contact Agent
Detailed listing
Key property information
Land area
Tenure type
Sold on
Map of 28 Wakefield Avenue
Multi Unit Residential Development Site
- Zoned RZ4: Medium Density Residential
- Crown Lease Permits 5 Dwellings
- 4 Bed House Currently Leased at $970/wk
Raine & Horne Commercial Canberra are pleased to offer this rare multi unit residential development opportunity for sale.
28 Wakefield Avenue is located within the affluent inner north Canberra suburb of Braddon with easy access to Northbourne Avenue and only a short stroll to the Macarthur Avenue light rail stop connecting Canberra CBD with Dickson Group Centre and Gungahlin Town Centre.
A 668sqm regular-shaped block with northern aspect fronting Wakefield Avenue and zoned RZ4: MEDIUM DENSITY RESIDENTIAL under the ACT Territory Plan. In 2018 the Crown Lease for the block was varied to permit multi unit housing of not more than five (5) dwellings. The Lease Variation Charge (LVC) was paid upon the approval of the variation.
Sketch plans have been drafted by a reputable architect showing a 5-unit development that could potentially be developed on the block comprising a 3-bed apartment on the ground floor, two 2-bed apartments on Level 1, two 2-bed apartments on Level 2 and a 9-bay basement carpark. These plans can be made available upon request (noting they are not DA Approved and are pursuant to current planning controls). A Development Application would need to be lodged by the buyer, and approved by ACTPLA, prior to the commencement of any development.
The property currently comprises a well presented single-level detached dwelling which is currently leased at $970 per week. The house comprises 4 good sized bedrooms, study, bathroom, toilet, kitchen with tiled floor and separate living and dining room. The house benefits from hardwood timber floors in the hallway, living room and dining area, carpets in the bedrooms and ducted heating throughout. There is a concrete verandah at the rear with steps leading down into a large back garden and double car garage accessed vis a side gated driveway.
The property will be auctioned at 11am, Wednesday 26th July 2023 at Ainslie Football Club.
To receive a copy of the sales contract or to arrange a private inspection, please contact Mark Nicholls of Raine & Horne Commercial Canberra on 0417 239 5....
28 Wakefield Avenue is located within the affluent inner north Canberra suburb of Braddon with easy access to Northbourne Avenue and only a short stroll to the Macarthur Avenue light rail stop connecting Canberra CBD with Dickson Group Centre and Gungahlin Town Centre.
A 668sqm regular-shaped block with northern aspect fronting Wakefield Avenue and zoned RZ4: MEDIUM DENSITY RESIDENTIAL under the ACT Territory Plan. In 2018 the Crown Lease for the block was varied to permit multi unit housing of not more than five (5) dwellings. The Lease Variation Charge (LVC) was paid upon the approval of the variation.
Sketch plans have been drafted by a reputable architect showing a 5-unit development that could potentially be developed on the block comprising a 3-bed apartment on the ground floor, two 2-bed apartments on Level 1, two 2-bed apartments on Level 2 and a 9-bay basement carpark. These plans can be made available upon request (noting they are not DA Approved and are pursuant to current planning controls). A Development Application would need to be lodged by the buyer, and approved by ACTPLA, prior to the commencement of any development.
The property currently comprises a well presented single-level detached dwelling which is currently leased at $970 per week. The house comprises 4 good sized bedrooms, study, bathroom, toilet, kitchen with tiled floor and separate living and dining room. The house benefits from hardwood timber floors in the hallway, living room and dining area, carpets in the bedrooms and ducted heating throughout. There is a concrete verandah at the rear with steps leading down into a large back garden and double car garage accessed vis a side gated driveway.
The property will be auctioned at 11am, Wednesday 26th July 2023 at Ainslie Football Club.
To receive a copy of the sales contract or to arrange a private inspection, please contact Mark Nicholls of Raine & Horne Commercial Canberra on 0417 239 5....
Additional information
External websites
Property ID: 504342260Last Updated: 9 Oct 2023
04172395...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
28 Wakefield Avenue
Braddon, ACT 2612
Detailed listing
Raine & Horne Commercial Canberra490 Northbourne Avenue
DICKSON, ACT 2602
DICKSON, ACT 2602
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
![Braddon Place, Block 4, Section 60 Braddon on Northbourne Avenue Braddon ACT 2612 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/93381985292905a297c7d907b4d47569752e0f6c4f65a6c6380697bb6980384c/image0.jpg)
![JLL - Canberra](https://i1.au.reastatic.net/170x46-fit/886cdb0164e123d675510ebbd11ca649e23c8dc665619e21744b7b6c7d5b7e9e/large_commercial.jpg)
Contact Agent
Braddon Place, Block 4, Section 60 Braddon on Northbourne Avenue,Braddon, ACT 2612 1.56 ha (3.86 acres)Development Sites & Land
![19 Giles Street Kingston ACT 2604 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/9882a3a15ce85c882e941b6ef6d98e1256d41900ad1d6635d9ed111f0b2b072d/image0.jpg)
![Burgess Rawson Canberra Commercial - Dickson](https://i1.au.reastatic.net/170x46-fit/950a72b4fe70bbf7151e4d0922124c20a4e049bc768e0e3a6d9299b5721e4ed9/large.jpg)
Contact Agent
19 Giles Street,Kingston, ACT 2604 520 m²Development Sites & Land • Medical & Consulting • Offices
![23 Yallourn Street Fyshwick ACT 2609 - Image 1](https://i1.au.reastatic.net/360x191-smart=70,r=33,g=40,b=46,quality=60,progressive/90cc8177bd51b7d3d15d88c2775e630c70cca949e0943ebd118de27659dcfae6/image0.jpg)
![CBRE - Canberra](https://i1.au.reastatic.net/170x46-fit/0c721d2cdf43a13be82cda83476d0eb910ec9a2770f31fad6c6298007fd8ded8/large_commercial.jpg)
Contact Agent
23 Yallourn Street,Fyshwick, ACT 2609 2855 m²Development Sites & Land • Warehouse, Factory & Industrial • Offices