Ray White Canberra
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About this property
RZ2 Opportunity on 736m² With Outstanding Development Potential Positioned within a quiet cul-de-sac in the heart of Torrens, 10 Davies Place presents an increasingly rare opportunity to secure a substantial 736m² RZ2 zoned parcel in an established Woden Valley location. The existing four bedroom home offers a straightforward and functional floorplan suitable for immediate occupancy or rental holding income, while the true appeal lies in the long-term potential of the site itself. With RZ2 zoning allowing for a range of future development outcomes (subject to ACT Government approval), the property will strongly appeal to builders, developers and strategic land buyers seeking a foothold in a tightly held suburb. RZ2 zoning provides scope for dual occupancy or secondary dwelling development, with buyers encouraged to explore site-specific controls including setbacks, plot ratio and minimum subdivision requirements. Surrounded by established homes and consistent demand, this is a location where redevelopment opportunities are becoming increasingly limited. Positioned close to Torrens shops, local schools, Southlands Shopping Centre, Woden Town Centre and Canberra Hospital, the fundamentals here remain exceptionally strong for both owner occupiers and developers alike. Additional Opportunity: Offered individually or together with neighbouring 8 Davies Place, buyers have the rare opportunity to secure a combined 1,490m² RZ2 landholding within a tightly held cul-de-sac setting. Opportunities of this scale in established Woden Valley locations are increasingly difficult to acquire and may suit buyers seeking a larger-scale redevelopment outcome, subject to ACT Government approval. Isn't this where you'd rather be? Features: Four bedroom home 736m² RZ2 zoned block Strong redevelopment and land banking potential (STCA) Ideal opportunity for builders, developers or strategic buyers Simple functional layout ideal for interim occupancy Excellent holding income potential while future plans are considered Quiet cul-de-sac position Established surrounding streetscape Close to Torrens shops and local schools Minutes to Southlands, Woden Town Centre and Canberra Hospital Please note: 10 Davies Place and 8 Davies Place are being offered individually, however may also be purchased together via two separate contracts. Offering flexibility, future potential and a convenient Woden Valley location, 10 Davies Place is an opportunity well suited to a wide range of buyers. Don't miss your chance to secure a substantial landholding in one of Torrens' most tightly held pockets. Contact Richard Moses on 0412 658 235 for more information or to arrange your inspection.
Nearby Schools (within 3 km)
Source: Google Places
10 Davies Place, Torrens ACT 2607
Asking price
Auction on 27/05/2026 at 5:00PM
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