61 Bellhouse Crescent MONCRIEFF, ACT 2914

Sold for $4,800,000 on 7 Jun 2018

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    Land in MONCRIEFF

    Current DA Approved, Maximising the Site Potential

      A truly unique and exciting opportunity now exists in one of Gungahlin's most highly sought suburbs to construct an exceptionally planned collection of 50 residences.
      The substantial RZ3 zoned, residential use block of 8251m2 with NO CUC to be paid was imposed by a maximum residence allowance of 50 dwellings in which the architect fashionably achieved.
      Ready for immediate construction, the development is made up of 22 apartments and 28 townhouses across a series of single and two storey high buildings. With gross property realization value in mind, the architect thoughtfully designed a widely varying arrangement of both property type and size.
      The most substantial building housing the 22 apartments also contains its own associated car accommodation within its own basement; basement construction doesn't encroach on the allowable plot ratio thus further maximizing the gross floor allowance for valuable living area use.
      The 22 generously proportioned apartments are made up of 2, 3 and 4 bedroom layouts with 2 car spots, whilst the remaining 28 substantial sized townhouses consist of 2 (1 bed plus multi-purpose room) and 3 bedroom plans with single and double internal access garages.
      Come time for project marketing, the differing designs and layouts will assist in ensuring you are not your own competition. The buyer demographic will be wide and deep across the development assuring prompt sales at strong prices. Dwelling sales will be assisted by those positively affected by the first homebuyer and pensioner concession scheme's and investors alike due to favorable rent returns and tax depreciation benefit.

      Moncrieff is located in Canberra's North approximately 4km's from Gungahlin Town Centre and offers a group centre, community facilities, parks, ponds and playground areas. Bound by the capable arterial roads Horse Park & Mirrabei Drive, Canberra CBD is just 16kms away. Moncrieff is on the bus route to Gungahlin Town Centre commercial and cultural hub, one of Australia's fastest growing regions; where its residents can soon enjoy the connectivity that will come with the Canberra City Light Rail Project due for completion 2018-2019, connecting this region to Canberra's CBD.

      Please Contact Grant for an information memorandum, the approved plans and discussion regarding the site and process.



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