8 Banfield Street

Downer ACT 2602

Positioned in a peaceful, tree-lined street just moments from the light rail and city fringe, this substantial family home presents an increasingly rare opportunity to secure immediate lifestyle appeal with exceptional future development potential.Set on a generous 836sqm parcel with proposed RZ3/4 rezoning, the property offers outstanding landbanking and redevelopment prospects in one of the Inner North's most tightly held pockets.Behind the established gardens lies a versatile residence boasting approximately 190sqm of internal living, thoughtfully extended to accommodate growing families with multiple living areas and flexible bedroom configurations. Whether you move straight in, renovate over time or explore the site's future potential, the options here are significant.Designed for relaxed family living, the home features spacious indoor and outdoor entertaining areas, beautifully landscaped gardens and plenty of room for children to play in a secure, private setting. Mature Japanese maples, azaleas and camellia hedges create a tranquil retreat rarely found this close to the city.Adding further appeal is extensive car accommodation for three vehicles, along with a separate office, studio and additional storage - ideal for working from home, hobbies, guest space or future adaptability.Conveniently located near quality schools, parks, shops and transport, this is a unique opportunity for families seeking space and lifestyle, as well as developers and investors looking to capitalise on future zoning uplift.Features* Prime Inner North location in a quiet, leafy street close to the city* Large 836sqm parcel with proposed RZ3/4 rezoning potential* Approx. 190sqm of flexible internal living space* Extended floorplan with 34 bedrooms and multiple living areas* Exceptional opportunity to renovate, landbank or redevelop (STCA)* Spacious indoor and outdoor entertaining areas* Beautiful established gardens with Japanese maples, azaleas and camellia hedges* Three-car accommodation plus separate office, studio and storage* Moments to light rail, schools, parks and local amenities* Ideal for growing families, investors and future-focused buyersRates: $5,066pa (approx.)Land Tax: $10,599pa (approx.)UCV: $882,000 (2025)EER: 3.0Whilst 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. Please note that some images used across Belle Property listings may include digital enhancement for presentation purposes. Buyers are encouraged to refer to the advertising copy or speak with the listing agent for further clarification where required. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.