RESIDENTIAL DEVELOPMENT
ON OFFER IS THIS RARE OPPORTUNITY TO DEVELOP A 1233M2 RESIDENTIAL BLOCK OF LAND. THERE IS A DWELLING ON THE PROPERTY WHICH IS CURRENTLY TENANTED AT $200 P/W. THE PROPERTY DOES REQUIRE WORK TO GET IT BACK TO ITS FORMER GLORY. WITH 2A ZONING THIS BLOCK IS SUFFICIENT IN SIZE TO COMFORTABLY BUILD TWO DWELLINGS WITH GRANNY FLATS ATTACHED WHICH WOULD GENERATE A PREMIUM RENT RETURN. DON'T HESITATE, RESIDENTIAL DEVELOPMENTS THIS CLOSE TO THE QUEANBEYAN CBD ARE RARE. THIS BLOCK IS THE PERFECT STARTER FOR ANY DEVELOPER AND WILL GENERATE A GREAT RETURN. TO ENQUIRE PLEASE CALL SAM GORDON OR BRAD O'MARA FROM RAY WHITE QUEANBEYAN |JERRABOMBERRA FEATURES: TWO BEDROOM COTTAGE (WORK REQUIRED) 1233M2 RESIDENTIAL BLOCK 26M STREET FRONTAGE DEVELOPMENT OPPORTUNITY HOSPITAL, PRIMARY, HIGH AND PRESCHOOLS ALL WITHIN WALKING DISTANCE MOTIVATED VENDOR! ZONIG 2A THE MATERIALS ON THE BLOCK WILL BE CLEARED
The size of Queanbeyan is approximately 2.8 square kilometres. It has 14 parks covering nearly 15.1% of total area. The population of Queanbeyan in 2016 was 6237 people. By 2021 the population was 6409 showing a population growth of 2.8% in the area during that time. The predominant age group in Queanbeyan is 30-39 years. Households in Queanbeyan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan work in a professional occupation.In 2021, 52.80% of the homes in Queanbeyan were owner-occupied compared with 48.60% in 2016.
Queanbeyan has 4,129 properties. Over the last 5 years, Houses in Queanbeyan have seen a 37.69% increase in median value, while Units have seen a 46.75% increase. As at 28 February 2026:
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