48 Stuart St, Griffith is a 12 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2013. The property has a land size of 1574m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Auction Location: LJ Hooker Auction HQ - 182 - 200 City Walk, Canberra City.
Attention developers! This is one of the last remaining opportunities to secure highly sought-after RZ2 zoned property in the heart of Canberra's Inner South - a block of four units on one title and 1,574m2 of land.
With dual street access, a 35m frontage on Stuart Street and only 80m from Griffith Shops, this property is zoned RZ2 and has potential for future strata subdivision or redevelopment, subject to approval.
Each unit has 3 bedrooms, 1 bathroom and 1 garage each and existing tenants are paying between $320 and $400 per week making this an extremely viable option while plans are drafted.
Of course if you're looking to boost your SMSF portfolio, this blue-chip location just continues to perform with the potential to profit via renovation or redevelopment.
These opportunities are becoming more and more rare with very little left in this area, so be quick to express your interest before this prime opportunity passes you by.
Contact Stephen Bunday and Andrew Browne now!
At a glance...
- Block of units, sold as one title
- One of the last opportunities like this in the area
- 4 x 3 Bedroom units, 1 bath 1 garage each
- 1,574m2 block
- Zoned RZ2
- Tenants paying between $320-400 per week
- Dual street access
- Stuart Street frontage, 35m
Lifestyle features...
- 80m to Griffith Shops
- Old Kingston, 2 minute drive
- Manuka, 4 minute drive
- Canberra CBD, 10 minute drive
- Walking distance to many reputable schools and public transport
Rates: $6,657
Land tax: $11,446
UV: $1,079,000
Property Type: Block of units
Block size: 1,574m2
EER 1.0
The size of Griffith is approximately 2.8 square kilometres. It has 19 parks covering nearly 18.3% of total area. The population of Griffith in 2016 was 4575 people. By 2021 the population was 5328 showing a population growth of 16.5% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation.In 2021, 57.20% of the homes in Griffith were owner-occupied compared with 53.00% in 2016.
Griffith has 3,803 properties. Over the last 5 years, Houses in Griffith have seen a 43.59% increase in median value, while Units have seen a 26.66% increase. As at 30 November 2025:
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