107-109 Gilmore Crescent, Garran ACT 2605

Property Details: • Type: House

• Bedrooms: 7 • Bathrooms: 2

Description: Offered to the market together and to be auctioned in one line, 107 and 109 Gilmore Crescent present a rare opportunity to secure two adjoining RZ2-zoned blocks in the tightly held suburb of Garran. With a combined landholding of approximately 1,795m² and generous frontage, the site provides excellent scope for a well-considered townhouse or multi-dwelling development (subject to ACT Planning approval). The RZ2 zoning supports greater housing diversity and will particularly appeal to developers seeking a sizeable, well-located site within an established suburb. With the proposed Missing Middle housing reforms becoming more likely, pending committee review, the long-term redevelopment potential of the site could increase further. Under the proposed changes, both blocks could potentially be consolidated and developed under two density options: Attached houses approximately 54 dwellings per hectare (around 910 dwellings) Apartments approximately 67 dwellings per hectare (around 12 dwellings). Dual-block opportunities like this are exceptionally uncommon in Garran, particularly with both properties offered together. The scale of the landholding allows for thoughtful site planning and design flexibility, making it well suited to a future development project. The location further strengthens the opportunity, positioned close to Canberra Hospital, Garran Primary School, Garran shops, Woden Town Centre, parkland and walking trails - amenities that continue to drive strong buyer demand for new homes in the area. For developers, investors or builders seeking a substantial site in a proven and tightly held suburb, this is a genuinely rare offering in the Woden Valley market. Site Features: - Two adjoining RZ2-zoned blocks in a central Woden Valley location. - Significant combined landholding of approximately 1,795m² with strong development potential (subject to ACT Planning approval). - Rare offering with very few comparable opportunities in Canberra. - Prime location close to Canberra Hospital, Garran Primary School, Garran Shops and Woden Town Centre. - Relatively level site with approximately 2 metres of fall and no large trees. - Feasibility study conducted by Arkitex indicating potential for six 4-bedroom, two-storey homes with attached double garages (each approx. 215m² including garaging). - The proposed 'missing middle' planning reforms may present additional long-term development potential (STCA). 107 Gilmore Crescent, Garran Features - Four-bedroom family home. - Kitchen with adjoining meals area. - Bathroom with shower, bath and separate toilet. - Large established backyard with a mix of fruit trees, vegetable gardens and a rear garden shed. Statistics for 107 Gilmore Crescent, Garran (all figures are approximate) EER: 2.5 Internal Living Size: 113m² Land Size: 896m² Land Value: $1,000,000 Land Rates: $1,413 per quarter Land Tax: $3,073 per quarter (only applicable if not primary residence) 109 Gilmore Crescent, Garran Features - Well maintained three-bedroom home. - Light-filled lounge room. - Kitchen with adjoining meals area. - Reverse cycle air conditioning. - Covered rear deck for outdoor living. - Two extra-large garages at the rear. - Separate workshop or storage potential. Statistics for 109 Gilmore Crescent, Garran (all figures are approximate) EER: 1.0 Internal Living Size: 97m² Garage 1 Size: 39m² Garage 2 Size: 58m² Land Size: 899m² Land Value: $1,000,000 Land Rates: $1,413 per quarter Land Tax: $3,073 per quarter (only applicable if not primary residence) Rental Estimate: Currently rented for $700 per week with a fixed term lease until January 2027