Looking back into records since 2008, we cannot find an opportunity like this in an RZ2 zone in the Inner North! Certainly sites have become available, but not in this zoning and not with the house already removed.
On offer is 830m2 of vacant land, and a two street frontage to Bradfield Street and Atherton Street, with unimproved capital value of $442,000.
The opportunity exists for a substantial family home to be built, or two separate title dwellings as a dual occupancy. Feel free to visit the ACTPLA website for further details of what can be built.
Downer offers excellent shopping convenience just a short walk away from Dickson Shops and Chinatown, huge public ovals and parks, public transport options aplenty, and close to Canberra's bikepaths. This 1960s suburb has leafy green streets and is walking distance to excellent public and private schools. The motto of the local residents association is "things are looking up in Downer".
Details about how the house was removed, as well the process of fully remediating the land, plus soil sample testings are available in the Information Pack. Please contact Christine Shaw on 0405 135 009 or Christine.shaw@luton.com.au for further information.
Disclosure: The agent lives in Downer, not far from this site, and loves the suburb!
- 830m2 of vacant land
- RZ2 zoning allowing two separate residences
- Two street frontage with Bradfield St and Atherton Street
- Fully remediated land
- Information Pack available, with soil sample testing information
Rates: $2072
Land Value: $442,000
The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2011 was 3,554 people. By 2016 the population was 3,653 showing a population growth of 2.8% in the area during that time. The predominant age group in Downer is 20-29 years. Households in Downer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Downer work in a professional occupation. In 2011, 59.3% of the homes in Downer were owner-occupied compared with 57.3% in 2016.
Downer has 1,802 properties. Over the last 5 years, Houses in Downer have seen a 38.49% increase in median value, while Units have seen a 39.66% increase. As at 30 September 2024:
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