29 January 2024

Agent's dream Deakin home offers potential to become the envy of the neighbourhood

| Katrina Condie
Start the conversation
aerial view of block

The elevated property backs onto Red Hill Reserve and offers loads of development potential. Photo: McIntyre Property.

Canberra real estate agent Colin McIntyre is selling his investment property, complete with plans for a spectacular new abode on the fringe of Red Hill Reserve.

The owner of McIntyre Property intended to build a grand four-bedroom home at 22 Dugan Street in Deakin but is instead offering the property for sale, including the approved development application and completed plans.

“Someone else will benefit from all the hard work, expense and energy we’ve put into the project,” he said.

While the buyer could choose to renovate the existing 1960s four-bedroom home, Colin said the ideal option would be to knock it down and rebuild a contemporary home that makes the most of the premium site.

“This is a huge 1049 square metre block situated on the high side of a quality street and backing onto the spectacular Red Hill Reserve,” he said.

“It has magnificent views of Black Mountain Tower and glimpses of Lake Burley Griffin. It’s the perfect spot for a large new, modern build.”

Colin’s dream home plans are included in the sale, providing an “unparalleled opportunity in the heart of the ever-popular suburb of Deakin”.

“Our intention was to build a stunning custom-designed home that would be the envy of the neighbourhood,” Colin said.

“Imagine a four bedroom, four bathroom home filled with natural light and spacious living areas with all the modern amenities – plus 130 square metres of garaging.

“All the hard work has been done, and all that’s left is for the new owner to bring the vision to life.”

render of propsed home

The property has an approved development application and completed plans for a stunning, custom-designed home. Image: McIntyre Property.

Situated just two streets from Forrest, the area is popular due to its proximity to the Parliamentary zone and the magnificent Federal Golf Course where Colin often enjoys a round.

“The location of this home is second to none. It’s close to a choice of schools, as well as easy access to a multitude of shopping precincts and public transport,” he said.

The existing home on the site is in original condition with hardwood flooring, light-filled living areas and fabulous views.

“When you walk through the old home, you can see the potential of the site – the vistas are breathtaking,” Colin said.

“It could be renovated, but I think the buyer will want to build something spectacular to fit in with the surrounding homes.”

The property is currently tenanted, and the new owner could retain it as an investment property, ensuring a steady income until they were ready to rebuild.

“A light-filled formal lounge, dining room, and kitchen provide a comfortable living space for now while the exciting prospect of a modern masterpiece looms on the horizon,” he added.

Colin said opportunities like this were “rare and fleeting”, providing the “perfect blend of location, opportunity and potential”.

To arrange an inspection at 22 Dugan Street in Deakin, contact Colin McIntyre on 0417 263 678 or Daryl Gough on 0416 197 136 and check out all the hot listings at Zango.


Start the conversation

Daily Digest

Want the best Canberra news delivered daily? Every day we package the most popular Riotact stories and send them straight to your inbox. Sign-up now for trusted local news that will never be behind a paywall.

By submitting your email address you are agreeing to Region Group's terms and conditions and privacy policy.