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Premium R3 Development Opportunity Unlock Medium Density Potential
Russell, Canberra
· Land
Russell, Canberra · Land
Positioned within the R3 Medium Density Residential zoning under the QPRC Local Environmental Plan, this exceptional parcel of land represents a rare and highly valuable opportunity for developers, investors, and forward-thinking buyers. Why R3 Zoning Matters: The R3 Medium Density zone is specifically designed to encourage a more diverse and intensive form of residential development than standard low-density housing. This zoning allows for greater flexibility and significantly enhances the land's development potential. Permitted Uses Include (STCA): Townhouses / multi-dwelling housing Dual occupancies Manor homes / terraces Boarding houses and other residential accommodation options This zoning unlocks the ability to increase dwelling yield, making the site particularly attractive for developers seeking to maximise return on investment in a growing regional centre. Added Income Security Existing Automotive Business Further enhancing its appeal, the current landowner operates a long-st
Positioned within the R3 Medium Density Residential zoning under the QPRC Local Environmental Plan, this exceptional parcel of land represents a rare and highly valuable opportunity for developers, investors, and forward-thinking buyers. Why R3 Zoning Matters: The R3 Medium Density zone is specifically designed to encourage a more diverse and intensive form of residential development than standard low-density housing. This zoning allows for greater flexibility and significantly enhances the land's development potential. Permitted Uses Include (STCA): Townhouses / multi-dwelling housing Dual occupancies Manor homes / terraces Boarding houses and other residential accommodation options This zoning unlocks the ability to increase dwelling yield, making the site particularly attractive for developers seeking to maximise return on investment in a growing regional centre. Added Income Security Existing Automotive Business Further enhancing its appeal, the current landowner operates a long-st
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