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11-13 State Circle Forrest ACT 2603

  • Development / Land
  • 3,768 m²
  • Commercial Auction

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 date and time18/03/2021 12:00
Auction locationLuton Head Office 1/65 Tennant Street Fyshwick

Property Highlights

Property ID2016781557
Floor AreaAsk Agent
Land Area3,768 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  5 Feb 2021
Map for 11-13 State Circle Forrest ACT 2603
Map for 11-13 State Circle Forrest ACT 260311-13 State Circle Forrest ACT 2603

Property Highlights

Property ID2016781557
Floor AreaAsk Agent
Land Area3,768 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  5 Feb 2021
Luton Properties - Manuka
12-14 Bougainville St Manuka ACT 2603
Contact Agent