1 Wassell Pl, Macgregor is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 937m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
This 3 bedroom home on a generous corner 936m2 parcel of land provides endless opportunities for the savvy investor, tradesperson, builder or property developer. Whether you are looking for a live in property you can make your own, an investment project or alternatively a complete redevelopment, this property is certainly worthy of your consideration.
The interior of the home is in need of substantial work, providing the perfect opportunity for the astute buyer to reap the rewards on offer once the work is done. The gently sloping block is located on the high side of the street & boasts a pleasant outlook.
Located within the RZ2 redevelopment zone, the property has potential for multiple dwellings to be built & unit titled (subject to approval).
With land prices in the new suburbs increasing at a rapid rate, this is your chance to take advantage of a large block within an already established & leafy suburb & reap the rewards in the future.
The home offers approx. 114m2 of internal living area plus the addition of a double carport.
The home is conveniently located close to local amenities at Kippax & just a short drive further to the Belconnen town centre.
Please contact Andrew Potts for further information & to arrange your inspection.
Summary of features:
Large 936m2 block within RZ2 redevelopment zonePotential to build multiple dwellings (subject to approval)Corner block with various design options3 bedroom home114m2 approx. living areaDouble carportLocated on the high side of the streetSuited to tradespeople, builders, renovators & developersExisting house to rent (whilst you finalise plans for redevelopment)Located close to Kippax & short drive to Belconnen town centre
The size of Macgregor is approximately 4.3 square kilometres. There are 12 parks, covering nearly 23.8% of the total area. The population of Macgregor in 2016 was 6796 people. By 2021 the population was 7049 showing a population growth of 3.7% in the area during that time. The predominant age group in Macgregor is 30-39 years. Households in Macgregor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macgregor work in a professional occupation.In 2021, 78.30% of the homes in Macgregor were owner-occupied compared with 76.80% in 2016.
Macgregor has 2,700 properties. Over the last 5 years, Houses in Macgregor have seen a 16.47% increase in median value, while Units have seen a 20.91% increase. As at 30 September 2026:
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