8 Jevons Place, Page ACT 2614

Large RZ2 block | rare 1600m² cul-de-sac | dual occupancy potential | inner Belconnen location This property presents a rare opportunity based on land scarcity. Its 1600m² RZ2-zoned block in a tightly held, established suburb is its primary competitive strength, offering a future development option like a dual occupancy that most nearby houses cannot. The existing three-bedroom house provides basic accommodation with standard heating and cooling, but the proposition is fundamentally land banking with immediate utility. It serves a buyer seeking a long-term hold with optionality, either for future capital intensification or eventual redevelopment, in a convenient location near major amenities. The decision hinges on accepting near-term compromises for long-term potential. The existing dwelling is functionally basic with a very low energy rating, implying higher occupancy costs and potential upgrade expenses. Realising the development potential requires significant capital, time, and regulatory approval risk, costs a buyer must be prepared to underwrite. Acquire this as a strategic land play, not for its current improvements. A Propcred report would ground its valuation in this unique land context, detail locality-specific zoning risks, and itemise the building’s condition to model true holding cost. No recent comparable sales data was provided for Page to establish a precise market benchmark. The sole active listing noted, 107 Petterd Street, is on a significantly smaller block and is therefore not a direct comparison, underscoring the rarity of this listing’s land parcel.