Turner.
Exceptional 'Unicorn' Opportunity in Blue-Chip Turner Locale
Positioned in one of Canberra's most tightly held Inner North streets, this substantial landholding presents an exceptional opportunity for builders, developers or buyers seeking to create a landmark residence in a blue-chip location. Set on a generous 948sqm block with a prized north-to-rear aspect, the property offers outstanding potential to design and build a premium new home or redevelopment (subject to approvals). The level block, free from easements, provides an ideal foundation for future plans while maximising natural light to the rear. The existing four-bedroom, two-bathroom residence offers comfortable accommodation and immediate holding income, making it well suited for investors while future plans are explored. With an estimated rental potential of approximately $1,500 per week, the home provides strong interim returns in a location renowned for its proximity to the city, ANU, Braddon dining precinct and the light rail. Opportunities of this scale and flexibility in Turner are increasingly rare, making this a compelling prospect for those looking to secure a premium Inner North address with significant long-term upside. * Exceptional development or builder opportunity in a tightly held Inner North location * Generous 948sqm level block with highly desirable north-to-rear orientation * Approximate block dimensions of 20.7m x 45.7m offering excellent design flexibility * Existing four-bedroom, two-bathroom residence providing comfortable accommodation * Estimated rental potential of approximately $1,500 per week for strong holding income * Clear block with no easements providing greater flexibility for redevelopment * Positioned in one of Turner's most desirable tree-lined streets close to parks and local amenities * Minutes to the Canberra CBD, ANU, Braddon dining precinct and light rail Land Size: 948sqm Living Size: 180sqm EER: 0.0 Rates: $8,160pa (approx.) Land tax: $17,598pa (approx.) UCV: $1,424,400 (2025) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Your local office.
Since opening our doors in 2016, Belle Property Canberra has grown into one of the region’s most trusted and values-driven real estate agencies. Led by Co-Principals Richard Davies and Dan McAlpine, brothers-in-law with a shared commitment to people and place, the business has evolved through almost a decade of consistent results, thoughtful service and genuine community connection.
At Belle Property Canberra, three values shape everything we do:
Integrity - We do what’s right, not what’s easy. No shortcuts. No compromises. Every client, every campaign, every decision is handled with transparency and honesty.
Care - Our clients, customers and team are at the heart of our business. We approach every interaction with empathy, diligence and respect, ensuring each person feels supported through every step of their property journey.
Family - We believe great outcomes come from great relationships. As a team that operates like family, we bring that same sense of connection and belonging to the people we work with, creating an environment where everyone is included in the day-to-day of the business.
With teams now operating across Canberra, Queanbeyan and the Snowy Mountains, we offer clients the strength of a unified network and the insight of deeply local expertise. Backed by Belle Property’s premium marketing, national reach with over 200+ offices and innovative approach, our sales and property management professionals deliver a standard of service defined by expertise and driven by results.
As we continue to grow in 2026, our expanding Canberra team will soon call 1/19 Eastlake Parade home - a new space that reflects our direction, our values and our commitment to serving the region with even greater care and capability.
Nearly a decade on, our purpose remains the same: to lead with integrity, work with care, treat people like family, and achieve exceptional results for every client we serve.
Services: Residential sales, Rural sales, Property Management & Leasing and Holiday Homes.
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