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11-13 State Circle Forrest ACT 2603
- Development / Land
- 3,768 m²
- Sold, $8,410,000
Iconic Canberra Parliamentary Triangle Site
- High profile site and premium location
- Corner position with great exposure
- Current plans for 42 apartments
Luton Properties are proud to offer to the market an iconic piece of Canberra real estate for sale by Auction on Thursday 18 March at 12.00noon (AEST).
Offered for the first time since 1962 this 3768m2 parcel of land is arguably the best real estate development site in Canberra today.
Situated opposite Parliament House on iconic State Circle this offering includes fully approved Cox Architects plans for the construction of 42 apartments.
With limited development opportunities now in Forrest, this 3768m² parcel of land will appeal to a wide variety of prospective purchasers given the superb investment attributes including the following:
High profile site and premium location of 3768m2
Corner position with irreplaceable exposure - fronting State Circle and Hobert Avenue in Forrest;
Current plans drawn by Cox architects for 42 apartments may be amended with appropriate approval
Plot ratio is set at 0.8 with available an available floor area of 3014m2 with a maximum height of 3 stories
Setbacks State Circle 10m, rear 18m, side 6m, although lower elements may be less
Current residences on the site offer 1 x 4 bedroom home and 4 x apartments carry over leases in place
Centrally located amongst a variety of public transportation options including the proposed future light rail
Manuka, Parliament House, the Realm precinct, and a number of retail/dining offerings are all within 1km
With the Canberra market continuing to perform strongly against national counterparts and underpinned by strong macroeconomic fundamentals, opportunities this good should not be missed.
Contact agents for more information.
Disclaimer: We take the utmost care in providing accurate information regarding properties advertised for sale, however, we accept no responsibility in relation to errors or inaccuracies contained in advertising material. Buyers should rely on their own investigations and authenticity of information.
AUCTION
Auction date and time | 18/03/2021 12:00 |
---|---|
Auction location | Luton Head Office 1/65 Tennant Street Fyshwick |
Property Highlights
Date Sold | 17 Mar 2021 |
---|---|
Sold Price | $8,410,000 |
Floor Area | Ask Agent |
Land Area | 3,768 m² |
Parking | On site parking available |
Property ID | 2016781557 |
Category | |
Last updated | 18 Mar 2021 |
Property Highlights
Date Sold | 17 Mar 2021 |
---|---|
Sold Price | $8,410,000 |
Floor Area | Ask Agent |
Land Area | 3,768 m² |
Parking | On site parking available |
Property ID | 2016781557 |
Category | |
Last updated | 18 Mar 2021 |