18 Gymea Street, Narrabundah, Act, 2604

Positioned​ ​in​ ​one​ ​of​ ​Canberra's​ ​most​ ​tightly​ ​held​ ​Inner​ ​South​ ​suburbs,​ ​this​ ​exceptional​ ​465m²​ ​parcel​ ​of​ ​land​ ​presents​ ​a​ ​rare​ ​opportunity​ ​to​ ​secure​ ​the​ ​ideal​ ​site​ ​for​ ​your​ ​dream​ ​home​ ​or​ ​luxury​ ​knock-down​ ​rebuild.

Set​ ​within​ ​a​ ​quiet​ ​loop​ ​street​ ​and​ ​backing​ ​directly​ ​onto​ ​a​ ​tranquil​ ​nature​ ​reserve,​ ​this​ ​is​ ​a​ ​location​ ​that​ ​perfectly​ ​balances​ ​privacy,​ ​convenience​ ​and​ ​lifestyle.​ ​With​ ​only​ ​one​ ​adjoining​ ​neighbour​ ​and​ ​a​ ​desirable​ ​north-east​ ​rear​ ​aspect,​ ​the​ ​block​ ​offers​ ​outstanding​ ​potential​ ​to​ ​create​ ​a​ ​light-filled,​ ​energy-efficient​ ​residence​ ​designed​ ​for​ ​modern​ ​living.

The​ ​existing​ ​three-bedroom​ ​home​ ​provides​ ​immediate​ ​holding​ ​income​ ​or​ ​a​ ​straightforward​ ​blank​ ​canvas​ ​for​ ​those​ ​ready​ ​to​ ​build.​ ​Flat​ ​and​ ​easy​ ​to​ ​develop,​ ​the​ ​generous​ ​15.3m​ ​frontage​ ​and​ ​30.5m​ ​depth​ ​provide​ ​flexibility​ ​for​ ​a​ ​wide​ ​range​ ​of​ ​contemporary​ ​architectural​ ​designs​ ​(subject​ ​to​ ​approvals).

Enjoy​ ​the​ ​very​ ​best​ ​of​ ​Narrabundah​ ​just​ ​moments​ ​from​ ​your​ ​doorstep.​ ​Walk​ ​to​ ​the​ ​popular​ ​Narrabundah​ ​Shops​ ​for​ ​cafés​ ​and​ ​everyday​ ​conveniences,​ ​browse​ ​the​ ​renowned​ ​Fyshwick​ ​Fresh​ ​Food​ ​Markets,​ ​or​ ​take​ ​advantage​ ​of​ ​nearby​ ​parklands,​ ​nature​ ​trails,​ ​quality​ ​schools​ ​and​ ​easy​ ​access​ ​to​ ​the​ ​Parliamentary​ ​Triangle,​ ​Manuka,​ ​Kingston​ ​and​ ​Canberra​ ​City.

Whether​ ​you're​ ​building​ ​your​ ​forever​ ​home​ ​or​ ​securing​ ​premium​ ​Inner​ ​South​ ​land​ ​in​ ​an​ ​established​ ​neighbourhood,​ ​opportunities​ ​like​ ​this​ ​are​ ​becoming​ ​increasingly​ ​rare.

Property​ ​Highlights
•​ ​Unimproved​ ​value:$700,000​ ​(2025)
•​ ​Premium​ ​465m²​ ​block​ ​in​ ​sought-after​ ​Narrabundah
•​ ​Ideal​ ​knock-down​ ​and​ ​rebuild​ ​opportunity
•​ ​Flat​ ​block​ ​with​ ​an​ ​easy​ ​building​ ​envelope
•​ ​Approx.​ ​15.3m​ ​frontage​ ​x​ ​30.5m​ ​depth
•​ ​Quiet​ ​loop​ ​street​ ​with​ ​minimal​ ​through​ ​traffic
•​ ​Directly​ ​backing​ ​a​ ​peaceful​ ​nature​ ​reserve
•​ ​Only​ ​one​ ​adjoining​ ​neighbour
•​ ​Desirable​ ​north-east​ ​rear​ ​orientation
•​ ​Existing​ ​vacant​ ​three-bedroom​ ​home
•​ ​Walking​ ​distance​ ​to​ ​Narrabundah​ ​Shops
•​ ​Walking​ ​distance​ ​to​ ​Fyshwick​ ​Fresh​ ​Food​ ​Markets
•​ ​Minutes​ ​to​ ​Manuka,​ ​Kingston,​ ​Griffith,​ ​the​ ​Parliamentary​ ​Triangle​ ​and​ ​Canberra​ ​CBD
•​ ​Rare​ ​opportunity​ ​to​ ​create​ ​a​ ​bespoke​ ​home​ ​in​ ​one​ ​of​ ​Canberra's​ ​premier​ ​Inner​ ​South​ ​locations.

DISCLAIMER
We​ ​have​ ​obtained​ ​all​ ​information​ ​provided​ ​here​ ​from​ ​sources​ ​we​ ​believe​ ​to​ ​be​ ​reliable;​ ​however,​ ​we​ ​cannot​ ​guarantee​ ​its​ ​accuracy.​ ​Prospective​ ​purchasers​ ​are​ ​advised​ ​to​ ​carry​ ​out​ ​their​ ​own​ ​investigations​ ​and​ ​satisfy​ ​themselves​ ​of​ ​all​ ​aspects​ ​of​ ​such​ ​information​ ​including​ ​without​ ​limitation,​ ​any​ ​income,​ ​rentals,​ ​dimensions,​ ​areas,​ ​zoning​ ​and​ ​permits.​ ​Any​ ​figures​ ​and​ ​information​ ​contained​ ​in​ ​this​ ​advertisement​ ​are​ ​approximate​ ​and​ ​a​ ​guide​ ​only​ ​and​ ​should​ ​not​ ​be​ ​relied​ ​upon​ ​for​ ​financial​ ​purposes​ ​or​ ​taken​ ​as​ ​advice​ ​of​ ​any​ ​nature.​ ​Individuals,​ ​Self-Managed​ ​Super​ ​Funds,​ ​companies,​ ​anyone​ ​or​ ​entity,​ ​should​ ​make​ ​their​ ​own​ ​inquires​ ​and​ ​seek​ ​their​ ​own​ ​advice​ ​and​ ​rely​ ​only​ ​upon​ ​those​ ​inquiries​ ​and​ ​advice.

Archer​ ​does​ ​not​ ​guarantee​ ​the​ ​accuracy​ ​of​ ​the​ ​information​ ​above​ ​and​ ​are​ ​not​ ​financial​ ​advisers​ ​or​ ​accountants​ ​and​ ​do​ ​not​ ​provide​ ​any​ ​of​ ​the​ ​above​ ​information​ ​as​ ​advice​ ​of​ ​any​ ​nature.