10 Davies Place
Torrens, ACT 2607

Overview

RZ2 Opportunity on 736m² With Outstanding Development Potential

Situated in a peaceful cul-de-sac in the heart of Torrens, this property offers a rare chance to acquire a substantial 736 square meter parcel zoned RZ2 in the well-established Woden Valley area.

The current residence features four bedrooms and a simple, functional layout that is suitable for immediate living or as a rental investment. However, the primary attraction is the significant long-term development potential of the site.

The RZ2 zoning permits various future development possibilities, subject to approval by the ACT Government. This makes the property particularly appealing to builders, developers, and strategic land purchasers looking to establish a presence in a sought-after suburb.

RZ2 zoning allows for dual occupancy or the addition of a secondary dwelling, with prospective buyers encouraged to review site-specific regulations such as setbacks, plot ratio, and minimum subdivision requirements.

Surrounded by established homes and consistent demand, redevelopment opportunities in this location are increasingly scarce. The property is conveniently located near Torrens shops, local schools, Southlands Shopping Centre, Woden Town Centre, and Canberra Hospital, ensuring strong fundamentals for both owner-occupiers and developers.

Additional Opportunity:
Offered either individually or alongside the neighboring 8 Davies Place, buyers have the exceptional opportunity to secure a combined landholding of 1,490 square meters zoned RZ2 within this tightly held cul-de-sac. Such large-scale opportunities in established Woden Valley locations are rare and may suit buyers interested in more extensive redevelopment projects, subject to government approval.
This is an ideal location to consider for your next investment or development project.

Features:

• Four-bedroom home
• 736 square meter RZ2 zoned block
• Strong potential for redevelopment and land banking (subject to council approval)
• Perfect opportunity for builders, developers, or strategic buyers
• Simple and functional layout suitable for interim occupancy
• Excellent potential for rental income while planning future developments
• Quiet cul-de-sac setting
• Established and attractive surrounding streetscape
• Close proximity to Torrens shops and local schools
• Minutes from Southlands Shopping Centre, Woden Town Centre, and Canberra Hospital

Please note that 10 Davies Place and 8 Davies Place are offered separately but may also be purchased together through two separate contracts, providing flexibility for buyers.

This property combines flexibility, future development potential, and a convenient location in Woden Valley, making it suitable for a wide range of buyers. Do not miss the chance to secure a significant landholding in one of Torrens' most sought-after pockets.

Location