Block 1 Se Cynthea Teague Crescent Greenway, ACT 2900
Block 1 Se Cynthea Teague Crescent Greenway, ACT 2900

Block 1 Se Cynthea Teague Crescent Greenway, ACT

Sold on 17 Mar 2016

Property Type Commercial
Asking Price Sold for $3,200,000
Floor Area
Land Area 3,582 m²

Medium Density Mixed-Use Development Site - Southquay Estate, Greenway

Don't miss out on this fantastic opportunity to acquire a mixed use development site located on the immediate foreshore of Lake Tuggeranong in the heart of the Tuggeranong Town Centre/Greenway. Tuggeranong is maturing into a cosmopolitan destination with an increasing level of medium and high density mixed use development feeding the growing vibrant cafe and restaurant scene, social and recreational experiences that defines all of Canberra's Town Centres.

The Town Centre is also home to two major town Commonwealth Government Departments in the Department of Human Services and the Department of Social Services.

This standalone development site comprises of some 3,582 sqm, has a stunning aspect overlooking Lake Tuggeranong and forms part of a limited land release of land by the LDA in the master planned Southquay Estate precinct. This projects highlights the ACT Governments commitment to bringing residential/mixed use development to the centre of Tuggeranong. The subject site falls within a CZ2 zoning and features a broad Purpose Clause with a wide range of uses including but not limited to residential, commercial accommodation, community use (excluding hospital), drink establishment, indoor entertainment, indoor recreation, non-retail commercial, restaurant, shop and tourist facility. Development conditions provides for a minimum of 15 dwellings and a maximum of 21 dwellings.