10 Gibbs Place, Kambah, ACT 2902

AUCTION 08/03/2025 10am Onsite (unless sold prior)

Bidding from $800,000

Set on a generous 838m? block, 10 Gibbs Place offers incredible potential in a highly sought-after location, perfect for those looking to capitalize on land value and future opportunities. While the property requires some remedial renovation, the location and expansive land size present numerous possibilities for growth, development, or redevelopment. With RZ2 zoning, the property offers flexibility for various uses, whether you?re looking to build your dream home, extend the existing property, or explore the option to build a second dwelling (subject to approval).

The land itself is a true highlight, with breathtaking views of the Tuggeranong Valley, an elevated position, and a massive backyard that offers endless potential. Situated in a quiet cul-de-sac next to a playground and parkland, the property is perfect for families or anyone looking to take advantage of the outdoor space. With established garden beds, Colorbond fencing, and easy access to surrounding amenities, the property offers a unique opportunity to create something special in a prime location.

Conveniently located within walking distance to local schools and parks, and just a short drive from shopping centres like Kambah Village and Erindale, the location of this property makes it a fantastic choice for those seeking a lifestyle of convenience, peace, and potential.

Whether you're an investor, developer, or family looking to make your mark, this property offers a rare chance to enter the Kambah market at an attractive price, with unlimited upside. Don?t miss out?contact us today to arrange an inspection and discover the potential of 10 Gibbs Place!

This property represents a truly unique opportunity to secure a large block in a prime location, ready for your vision and development. Don?t miss out, contact us today!

Features:

? Open plan kitchen and dining

? Renovated kitchen with Bosch appliances; oven, gas cook top, dishwasher, an externally ducted rangehood, laminate timber flooring, stone benchtops, downlights and ample storage

? Block out curtains (sunroom)

? Sheer blinds

? Carpet to all bedrooms

? Built in wardrobe to bedrooms 1, 2 and 3

? Renovated main bathroom

? Floor to ceiling tiles (bathroom and ensuite)

? Ducted evaporative cooling

? Ducted gas heating

? Gas hot water system

? Linen cupboard

? Sunroom

? Huge backyard and deck

? Garden shed

? Colorbond fencing

? Landscaped garden (garden beds)

? Views of Tuggeranong Valley

? Elevated position in a quiet cul-de-sac

? Located next to a playground and parkland

? Walking distance to school

? Minutes from Kambah and Erindale shopping centres

? RZ2 land

Important Information

A recent inspection identified some termite damage in specific areas of the property. The termites have been eradicated with no active termites present. Buyers have the flexibility to renovate, remediate, or take advantage of the RZ2 zoning for redevelopment.

The damage is not visually apparent and does not impact the liveability of the home in its current state.

We have left the property as is, allowing the incoming buyer the flexibility to decide on their preferred course of action:

? Leave the damage for the time being

? Renovate and remediate the affected areas to restore and enhance the home.

? Take advantage of the RZ2 zoning, which presents the potential for redevelopment or knockdown-rebuild opportunities.

? This pricing ensures the property remains an attractive option for buyers looking to add value through renovation or redevelopment in a well-positioned Kambah location.

Independent inspections and quotations are welcome and encouraged during the sale process.

Nearby Amenities:

Gibbs Place Playground ? 0.0m (1 min walk)

Taylor Primary School - 1.0km (2 min drive)

St. Anthony's Primary School ? 2.6km (5 min drive)

Wanniassa Junior School + College ? 2.9km (5 min drive)

Kambah Village Shopping Centre ? 1.7km (4 min drive)

Canberra City Centre - 7.6km (10 minute drive)

Canberra Hospital Garran - 9.0km (13 min drive)

Property Specifications:

Built: 1976

Living: 149m?

Garage: 30m?

Glassed In Patio: 20m?

Total House: 199m?

Block: 838m?

Ceiling insulation rating: R3.0

Wall insulation rating: R1.5

Energy Efficiency Rating (EER): 3 Stars

Rates: $774 p/q approx

Land tax (if tenanted): $1,414 p/q approx

* To receive the contract of sale, building report, and additional documents via email within just 10 minutes of your enquiry, please fill out the online request form. Be sure to check both your inbox and junk folder for prompt delivery, available 24/7.