3 Nyeena Pl, Narrabundah is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1947. The property has a land size of 1063m2 and floor size of 169m2.This Property is currently listed for sale with Ray White Canberra
Positioned in a quiet cul-de-sac on a substantial 1,063m RZ2-zoned block, this property presents an exceptional opportunity for developers, investors and land-bank buyers alike. The existing three-bedroom home offers comfortable accommodation, while the expansive backyard and detached garage provide plenty of space and flexibility. With immediate holding income potential and significant long-term upside, the property is well suited to a range of buyer profiles.
Further enhancing its appeal, the vendor has commissioned draft Development Application (DA) plans for three townhouses, providing purchasers with a valuable head start when exploring the site's redevelopment possibilities. The draft plans are available for review and may assist buyers in assessing potential development outcomes, subject to obtaining all necessary approvals.
Whether pursuing the existing concept or engaging your own architect and consultants to explore alternative designs, this sizeable RZ2-zoned landholding offers flexibility and scope in an increasingly sought-after location. All development opportunities remain subject to ACT Government approval.
FEATURES:
Substantial 1,063m block in a quiet cul-de-sac location
RZ2 (Suburban Core) zoning offering future development potential (subject to approval)
Vendor-prepared draft plans available for three townhouses
Comfortable three-bedroom home with immediate holding income potential
Updated kitchen with electric cooking, dishwasher and stainless steel appliances
Combined living and dining area
Timber floorboards throughout
Three well-proportioned bedrooms, two with built-in wardrobes
Updated bathroom with bathtub and separate toilet
Ducted heating and split-system air conditioning
Detached single garage plus additional off-street parking
LAND SIZE: 1063sqm
PRICE: Offers Welcomed
INSPECTION DETAILS: Contact Agent
AGENT NAME: Brendan McKenzie & Kevin Bi
CONTACT NUMBER: 0416 275 470
Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.
The size of Narrabundah is approximately 4.1 square kilometres. There are 14 parks, covering nearly 25.7% of the total area. The population of Narrabundah in 2016 was 5960 people. By 2021 the population was 6455 showing a population growth of 8.3% in the area during that time. The predominant age group in Narrabundah is 40-49 years. Households in Narrabundah are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation.In 2021, 59.20% of the homes in Narrabundah were owner-occupied compared with 54.90% in 2016.
Narrabundah has 3,129 properties. Over the last 5 years, Houses in Narrabundah have seen a 15.31% increase in median value, while Units have seen a 7.37% increase. As at 30 June 2026:
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