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97 Monaro Crescent, Red HillBy Negotiation
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97 Monaro Crescent

Red Hill, ACT 2603, Australia
By Negotiation
11 bed 11 bath 11 car1807 m²

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About this property

Positioned in one of Canberra's most sought-after suburbs, this boutique townhouse development offers a rare opportunity for developers and builders seeking a project with immediate market appeal. Designed by the internationally recognised, award-winning firm Fender Katsalidis (FK Australia), this future landmark development will deliver bold architectural expression backed by practical, efficient planning. The combination of FK Australia's reputation and the site's Inner South location provides exceptional credibility, strong buyer confidence and clear sales advantages. Each planned residence features its own distinct architectural identity, ensuring the finished collection stands out in a competitive market and sets a new benchmark for premium living in the area. This collection features 7 two-storey townhouses with basement garaging. Perfectly positioned within close proximity to top-tier schools, vibrant shopping precincts, lush parklands and Canberra's key cultural and employment hubs, these premium residences deliver both prestige and practicality. This is a truly rare development opportunity that is ready to go. DA approval is already in place*, and the existing improvements currently generate one of the strongest interim returns available, with all 10 residences leased and producing over $15,000 per month in gross income. The final fixed-term lease expires in November 2026, providing developers with both income stability during planning and the flexibility to commence construction on their preterred timeline.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
11
Bathrooms
11
Parking
11
Land Area
1807 m²
Listed
3 months ago

Repayment calculator

$9,211/month
$4,605 /fortnight
Loan $1,519,920 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$379,980
Stamp duty$83,822
Conveyancing (est.)$2,000
Total upfront$465,802
Verify with ACT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Red Hill

This 11-bedroom land in Red Hill, ACT 2603 sits within reach of public transport, local shops and nearby schools.

Schools near Red Hill

  • Canberra Grammar School - Primary Schoolprimary
  • Canberra Montessori School - Red Hill Campusprimary
  • Red Hill Primary Schoolprimary · K-6 · CoEd
  • St Bede's Primary Schoolprimary · K-6 · CoEd
  • Canberra Grammar Schoolsecondary · K-12 · CoEd

What's nearby

  • La Perouse Street 2Nd After Astrolabe Street (bus)457 m away
  • Red Hill Butcher Shop587 m away
  • Unnamed288 m away
  • Unnamed441 m away
  • Unnamed454 m away

Red Hill at a glance

Full suburb profile
Population
3,146
Median age
42
Household income
$3,938/wk
Median rent
$500/wk
Median mortgage
$3,500/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Red Hill price trend

Median sold · House 4 bed

Compound growth -0.3% / yr over 4 yrs

$2.19mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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