16 & 18 Waterloo Street

An exceptional opportunity to secure a significant development site in one of Queanbeyan's most well-connected locations, this rare offering comprises two adjoining properties on separate titles with a combined landholding of approximately 1,530.2sqm. Complete with Council-approved Development Approval for eight contemporary townhouses, the groundwork has already been done, allowing developers and investors to move forward with confidence. Currently improved with two tenanted three-bedroom homes, the properties provide holding income while preparations are made to bring the approved development to life. The true value lies in the site's development potential, outstanding location and the time-saving advantage of an approved DA. Ideally positioned just moments from Queanbeyan CBD and within easy reach of Canberra Airport and the Canberra CBD, this is an outstanding opportunity to deliver a premium townhouse project in a high-demand growth corridor. Combined landholding of approximately 1,530.2sqm across two separate titles Council-approved Development Approval for eight modern townhouses please enquire for more information around plans and DA. Zoned R3 Medium Density Residential Existing improvements comprise two three-bedroom homes, both currently tenanted Holding income available while preparing for construction Level site offering excellent development efficiency Outstanding opportunity for developers, investors and builders Convenient location close to Queanbeyan CBD, schools, shopping and public transport Easy access to Canberra CBD, Canberra Airport and major arterial roads Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.