Building and Land/31 Malbon Street Bungendore NSW 2621

Knight Frank Canberra are pleased to bring to market 31 Malbon Street, Bungendore.

Situated in one of New South Wales' fastest growing towns, Bungendore offers amenity, historic charm and is in close proximity to Canberra.

On offer is a generous 1,936sqm parcel of land complete with a two-bedroom cottage. Primed for redevelopment, our client has already lodged a preliminary development application with Queanbeyan-Palerang Regional Council.

31 Malbon Street is located on the main thoroughfare of Bungendore, only 11 minutes from Australian Defence JOC Headquarters, 23 mins from Canberra Airport and 39 mins to Canberra CBD.

The elements of this location are endless, high traffic footprint, IGA Supermarket and local Primary School across the way, central hub of Bungendore shops, cafes, restaurants, and pubs!

A true developer's delight, this multi-purpose site allows a vast array of permitted uses, including but not limited to:

- Zone EL 1 Local Centre
- Service Station
- Child based childcare facilities
- Hotel or motel accommodation
- Shop top housing
- Veterinary
- Medical use
- Recreation

The vacant cottage positioned to the side of the property has the rental potential of $450 p/week.

For more information, or to arrange an inspection, please do not hesitate to contact Kellie O'Connor of Knight Frank Canberra.