69 & 71 Lowanna Street

Positioned in one of Canberra's most tightly held inner-city pockets, this three-bedroom duplex offers immediate liveability with significant future development potential. Set on a quiet street just a short walk from ultra-hip Lonsdale Street, the Canberra City Centre and the ANU, the property sits in the coveted RZ4 development zone-making it ideal for homeowners, investors, or developers seeking a premium foothold in the Inner North. The existing residence is neat, warm and well-maintained, featuring polished timber floors, ducted gas heating throughout, and a slow-combustion fireplace adding to the home's charm. All bedrooms are well-proportioned, and the property includes a generous level backyard, established gardens, and excellent privacy. Local schools, parks and the neighbourhood shop are all moments away, ensuring an enviable lifestyle of convenience. Adding immense value, the block comes DA Approved for four large dwellings designed by Yellow Architecture. The approved scheme incorporates versatile floorplans with optional commercial tenancies on the ground floor-providing flexibility, mixed-use upside and a genuine point of difference within the marketplace. A blue-chip inner-city holding with short-, medium- and long-term appeal. Each leased at $710,00 per week 69 Lowanna St Living 120m2, Garage 40m2, 429m2 approx. 71 Lowanna St Living 120m2, Garage 39m2, 428m2 approx. Zoned RZ4 high-value development potential Three bedrooms with good proportions Polished timber floors throughout Ducted gas heating to every room Slow-combustion fireplace in the living area Neat kitchen with excellent storage Bathroom with shower over bath Separate laundry and separate WC Blinds on all windows Large, level backyard with established gardens Quiet street, short walk to Lonsdale Street dining, shops & nightlife New light rail on your doorstep, 10 minutes to Canberra City & ANU Perfect for live-in owners, investors or developers Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.