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11 Bed  •  11 Bath  •  0 Car  •  1807m²

Main view of Homely block of units listing, 97 Monaro Crescent, Red Hill ACT 2603
Second view of Homely block of units listing, 97 Monaro Crescent, Red Hill ACT 2603
Third view of Homely block of units listing, 97 Monaro Crescent, Red Hill ACT 2603
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97 Monaro Crescent, Red Hill ACT 2603

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  • 11
  • 11
  • 0
  • 1807m²

Block of Units for saleNEW on Homely

Auction date:Wed 11 Feb 6:00pm

What's around Monaro Crescent

Block of Units description

“A Premier Development Opportunity In Red Hill”

Positioned in one of Canberra's most sought-after suburbs, this boutique townhouse development offers a rare opportunity for developers and builders seeking a project with immediate market appeal.

Designed by the internationally recognised, award-winning firm Fender Katsalidis (FK Australia), this future landmark development will deliver bold architectural expression backed by practical, efficient planning. The combination of FK Australia's reputation and the site's Inner South location provides exceptional credibility, strong buyer confidence and clear sales advantages.

Each planned residence features its own distinct architectural identity, ensuring the finished collection stands out in a competitive market and sets a new benchmark for premium living in the area. This collection features 7 two-storey townhouses with basement garaging.

Perfectly positioned within close proximity to top-tier schools, vibrant shopping precincts, lush parklands and Canberra's key cultural and employment hubs, these premium residences deliver both prestige and practicality.

This is a truly rare development opportunity that is ready to go. DA approval is already in place*, and the existing improvements currently generate one of the strongest interim returns available, with all 10 residences leased and producing over $15,000 per month in gross income. The final fixed-term lease expires in February 2026, providing developers with both income stability during planning and the flexibility to commence construction on their preterred timeline.

Land details

Area: 1807m²

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Auction time

Wednesday
11 Feb 6:00 PM

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97 Monaro Crescent, Red Hill ACT 2603
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