32 McGowan Street

Expansive RZ3 Corner Block Opportunity

With a hard to find corner arrangement, these three adjoining blocks offer a perfect blank canvas for development, presenting 2,343sqm of RZ3 zoned land currently occupied by 3 homes, 2 currently tenanted, and one owner occupied. Mere minutes from Dickson central, surrounded by quality townhouses with a proven yield, and with the light rail and Braddon at your doorstep, this investment is underpinned by both elite positioning and proven sales in a quality community. Land Size/House Details: 32 McGowan Street: 763sqm - 4 bedroom home, currently owner occupied 20 Stockdale Street: 713sqm - 3 bedroom home, currently rented for $740pw 22 Stockdale Street: 867sqm - 3 bedroom home, previously rented for $695pw Rates: 32 McGowan Street: $5,024pa (approx.) 20 Stockdale Street: $5,122pa (approx.) 22 Stockdale Street: $5,403pa (approx.) Land Tax: 32 McGowan Street: $9,316pa (approx.) 20 Stockdale Street: $10,676pa (approx.) 22 Stockdale Street: $11,364pa (approx.) UCV (2024) 32 McGowan Street: $939,000 20 Stockdale Street: $939,000 22 Stockdale Street: $996,000 EER: 32 McGowan Street: 2.5* 20 Stockdale Street: 0.5* 22 Stockdale Street: 1.0* Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.