21 Forbes Street, Turner, ACT 2612

Expression of Interest closing Friday 20th September by 5pm.

Nestled in the heart of Turner, one of Canberra's most sought-after suburbs, 21 Forbes Street offers an unparalleled opportunity for developers and investors. This expansive 1,161m² corner block, zoned RZ4, North-East facing, is perfectly suited for high-density residential development. Whether you're looking to build a multi-unit complex, luxury apartments, or a townhouse project, this property provides the ideal foundation to bring your vision to life.

The RZ4 zoning allows for substantial development potential, making it a rare find in such a prime location. The block's size and zoning flexibility mean that the possibilities are extensive, catering to a variety of residential projects that can meet the growing demand for high-quality living spaces in Canberra's inner suburbs.

Beyond its development potential, 21 Forbes Street is set in a vibrant neighborhood known for its leafy streets, proximity to the city center, and a strong sense of community. Residents will enjoy easy access to local shops, cafes, public transport, and the cultural amenities that make Turner a desirable place to live. The combination of location, block size, and zoning makes this property a standout investment opportunity in a market where prime development sites are increasingly scarce.

For developers looking to capitalize on a booming area, 21 Forbes Street offers the perfect canvas. Don't miss the chance to secure this exceptional block and create a landmark development in one of Canberra's most prestigious suburbs.

Features Include:
- Prime Development Site
- Gorgeous Corner Block
- North East Facing Aspect
- Rare RZ4 Zoning
- Substantial 1,161m² block of land
- Short walk to ACT light rail tram stop
- Walking distance to Braddon
- Walking distance to O'Connor Shops
- Walking distance to Australia National University

EER: 2.0 Stars
Block: 1,161m² (approx.)
Living: 148.17m² (approx.)
Garage: 24.45m² (approx.)

Land Value: $1,813,000
Rates: $8,851 per annum (approx.)
Land Tax: $17,310 per annum (approx.) - paid by investors only

Disclaimer: The figures provided herein are approximate and for general informational purposes only. The material and information contained in this marketing document do not constitute legal, financial, or other professional advice. VERV Property expressly disclaims all liability for any inaccuracies, omissions, or errors contained within. No party should rely on this material as the sole basis for any decision-making process. All prospective purchasers are advised to conduct their own independent due diligence and to seek appropriate professional advice prior to entering into any binding agreements or transactions.