A Blank Canvas with an Abundance of Space.
the perfect opportunity for a dual occupancy site.
Plans lodged with DA (subject to approval)
With a variation 343
Opportunities to secure a block of this size in an established suburb are scarce. Act quickly and ensure you secure this block.
Features include:
- Vacant flat block
- Plans lodged subject to DA approval
- Easy access to the local shops, schools and transport
- Variation 343 permitting a dual occupancy to be built (subject to ACTPLA approval)
- Plans lodged
- Block size: 824 m2
Agent interest
The size of Spence is approximately 1.5 square kilometres. It has 11 parks covering nearly 17.3% of total area. The population of Spence in 2011 was 2,559 people. By 2016 the population was 2,585 showing a population growth of 1.0% in the area during that time. The predominant age group in Spence is 30-39 years. Households in Spence are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Spence work in a professional occupation. In 2011, 78.3% of the homes in Spence were owner-occupied compared with 76.9% in 2016.
Spence has 1,038 properties. Over the last 5 years, Houses in Spence have seen a 48.53% increase in median value, while Units have seen a 49.05% increase. As at 30 September 2024:
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