40 Andrews Street, Watson, ACT 2602

bedrooms3
bathrooms2
carparks2
Area936 ㎡

Offers over $ 1,225,000

House

inspection wed 07 octInspection Wed 07 Oct

Updated 7 Hours Ago

Can you afford this property?

A RARE Inner-North OPPORTUNITY - Large RZ2 Lot!

40 Andrews Street for Sale

Some opportunities are Created by the Market. Others are created by CHANGE. The recent ACT Government planning reforms have fundamentally Reshaped how builders, developers and forward thinking buyers view RZ2 Land. What was once considered a Generous residential block has now become something far more Valuable. Positioned on an Impressive 936m2 parcel of RZ2 land in one of Canberra's most Tightly held Inner North suburbs, This is the kind of property that Savvy buyers have been Waiting for. The introduction of the Missing Middle Housing Reforms has unlocked Exciting NEW possibilities for Residential Development. Whether you're looking to secure your Forever home, undertake a Quality renovation, Landbank for the Future, or explore the redevelopment Potential available under the NEW Planning Framework (subject to ACT Government approvals), This property Presents an exceptional opportunity to Capitalise on one of the BIGGEST planning shifts Canberra has seen in Decades. Built in 1964, the existing three-bedroom, two-bathroom residence offers approximately 120m2 of living space with Solid bones and Immediate liveability. Move in and renovate over Time, Lease it while you plan your next move, or begin exploring the site's future Potential. Adding further appeal is an expansive dual carport leading through to a large double garage, Providing outstanding space for Multiple vehicles, tradies, hobbyists or workshop use. The enclosed pool area and separate outbuilding offer additional Flexibility for storage, a studio, or future Enhancement. Location is equally Impressive. Enjoy the Convenience of being only Moments from Watson Shops, Watson Primary School, Dickson College, beautiful parklands and walking trails, while remaining just minutes from the Dickson Town Centre, the City and everything the Inner North lifestyle has to Offer. Properties of this Calibre are becoming increasingly Difficult to Secure. With planning Reforms changing the landscape of Canberra's residential market, Opportunities like this are No longer just about buying a Home. They're about Securing a Strategic piece of the Inner North's Future. Contact Clarence on 0478 903 565 or Jowain on 0481 849 963 to arrange your inspection.
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Inspection

Wednesday, 7 October 2026

4:00 pm - 4:30 pm
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