5 Orr Street
Holder, ACT 2611

Overview

Exclusive Development Opportunity: Two Prime Blocks in Holder's RZ2 Zone with Rental Income Potential!

This property presents a unique and rare opportunity for large-scale development in the highly sought-after RZ2 development zone of Holder. It comprises two adjacent blocks of prime land with a combined total area of 2,121 square meters, providing an excellent foundation for a variety of medium-density residential projects.

The two blocks include 5 Orr Street, Holder, which measures 1,110 square meters, and 16 Coane Street, Holder, which measures 1,011 square meters. Both blocks are located in a well-established and desirable residential area, offering a strategic location for future development.

The RZ2 zoning of these properties allows for flexible development options, ranging from townhouses to multi-unit complexes, making it an ideal investment for developers or investors seeking to capitalize on the growing demand for medium-density housing in the area.

Currently, the homes on these properties are rented out, providing immediate rental income while development approval is sought. This arrangement offers a passive income stream, allowing investors to benefit financially during the approval process.

• Total land area: 2,121 square meters
• Located in the RZ2 Development Zone, suitable for medium-density residential projects
• Properties can continue generating rental income while awaiting Development Approval
• Close proximity to public transport, parks, and schools, enhancing lifestyle convenience
• Situated in a well-connected and growing neighborhood
• Two separate titles provide enhanced flexibility for development planning

This is a rare and valuable opportunity to secure prime land with immediate rental returns and significant future development potential. The location and zoning make it an attractive proposition for those looking to invest in the expanding Holder area.

Interested parties are encouraged to conduct their own enquiries regarding the property details, including measurements, layout, and other relevant factors, to ensure the information meets their requirements.

Location