1 Bindel Street is a high exposure site located on the busy corner of Bindel and Bindubi Streets within the established principally residential suburb of Aranda.

Previously improved with a nursing home, the site has been predominantly cleared to make way for a rare infill development opportunity.

Under the CFZ Community Facility Zone, similar zoned sites throughout Canberra have been most notably developed as child care centres, health facilities, hospitals, places of worship, residential care accommodation, retirement villages and/or supportive housing.

One or more of the Merit Track Development within the CFZ Community Facility Zone may be allowable as future development subject to ACT Government approval (STCA).

The existing Crown Lease Purpose allows for ‘a nursing home’ in-line with the previous use of the property.

1 Bindel Street is being offer for sale with vacant possession allowing for freedom in exploring the developable potential of the site.

Key attributes of the opportunity are as follows:

• Substantial land parcel of 7,216 sqm
• High exposure location
• Corner site with extended frontages
• Variety of allowable uses under zoning (STCA)
• Close to shopping amenities

1 Bindel Street is For Sale by Expression of Interest closing Thursday 28 October 2021 at 4.00pm (AEDT).