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11-13 State Circle
Forrest ACT 2603
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Sold on 17 Mar 2021

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 time18/03/2021 12:00
Auction locationLuton Head Office 1/65 Tennant Street Fyshwick
Luton Properties - Manuka
Luton Properties - Manuka
12-14 Bougainville St
Manuka, ACT 2603

Property Highlights

Date Sold17 Mar 2021
Sold Price$8,410,000
Floor AreaAsk Agent
Land Area3,768 m²
ParkingOn site parking available
Property ID2016781557
Category
Last updated  18 Mar 2021
Map for 11-13 State Circle Forrest ACT 2603

Nearest transport* to 11-13 State Circle Forrest ACT 2603

Bus
Train
State Cir After Melbourne Av262 m
Forrest PS Hobart Av297 m
Forrest PS Hobart Av SSO297 m
Forrest PS National Cct374 m
This data is © 2024 Transport Canberra, licenced under CC BY 4.0.
*Within a 4km radius
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Luton Properties - Manuka
Luton Properties - Manuka
12-14 Bougainville St
Manuka, ACT 2603

Property Highlights

Date Sold17 Mar 2021
Sold Price$8,410,000
Floor AreaAsk Agent
Land Area3,768 m²
ParkingOn site parking available
Property ID2016781557
Category
Last updated  18 Mar 2021

Listed by

Miriana Cavic
Miriana Cavic
Luton Properties - Manuka
Call
0409 366 266

More about 11-13 State Circle Forrest ACT 2603

11-13 State Circle Forrest ACT 2603 is categorized as Land & Development Property. It has a land area of 3,768 m². The listing ID for this property is 2016781557.