New Developments in Canberra Property Development
The newest waterfront living precinct for the south of Canberra sees its second land release coming on to the market this week.
Southquay at Greenway features views over Lake Tuggeranong and the Brindabellas and is set to be a major drawcard for those seeking to be a part of the invigorated Tuggeranong Town Centre.
Three CZ2 zoned blocks will go to auction on 1 October 2014:
Block 1 Section 75
2,278sqm for 27-54 dwellings
Block 1 Section 76
7,285sqm for 145 – 185 dwellings
Block 1 Section 77 (prime waterfront position)
2,236sqm for 14-34 dwellings
Two sites in the first land release were sold at auction for $4.5 million each in March this year. More info on Southquay can be found here.
Auction Results at Flemington Road
Four additional mixed use development sites in this busy precinct were sold at auction by the LDA last week:
Block 1 Section 127
SOLD – $3,350,000
5,573sqm
Block 1 Section 167
SOLD – $6,700,000
11,935sqm
Block 4 Section 93
SOLD – $3,700,000
6,220sqm
Block 3 Section 31
SOLD – $2,200,000
3,557sqm
New DA lodged for Hume warehouse
Block 36 Section 28 Hume – 63 Sawmill Circuit will see the construction of a new warehouse with ancillary office with a total GFA circa 4,000sqm.
You can comment on DA’s here
Don’t forget to have your say on various ACT Government projects at the Time to Talk Canberra website
The community consultation process is open on the following topics:
The development of West Belconnen
The ‘Omnibus’ Territory Plan Variation – as previously reported in Development Developments