17 November 2023

Four more Lawson blocks released for auction

| Ian Bushnell
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aerial view of land for sale

The Lawson land for sale is capable of delivering more than 200 homes and a community facility. Image: SLA.

A further four blocks of land in the Lawson Stage 2B estate in Belconnen by Lake Ginninderra have been released for sale, including a site for a community facility.

The Suburban Land Agency has released three multi-unit blocks zoned RZ4 and RZ5, totalling more than 25,000 square metres and capable of delivering more than 220 homes.

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The biggest block at 16,060 sqm is the wedge-shaped Block A Section AX, which is zoned RZ4 medium density and has a maximum capacity of 96 homes, likely townhouses up to three storeys.

Of these, ten will need to be affordable and five community housing.

The next biggest, Block A Section AC, is a 6618 sqm triangular piece of land zoned RZ5 high density. It can hold 106 homes, likely to be mostly apartments, of which 16 need to be affordable and five community housing.

The 4195 sqm Community Facility Zoned Block A Section AF is adjacent to the third multi-unit block, the smallest of the offering.

Block B Section AF is zoned RZ 4 and is just 2776 sqm, with a limit of 19 homes, none of which need to be affordable or community housing.

The SLA says these blocks are some of the last to be released at Lawson, where Stage One is already an established suburb just 3 km from then Belconnen Town Centre and close to the University of Canberra Hospital and campus.

It says further development of Lawson Stage 2 will include a variety of new amenities including over 10 km of walking paths, a neighbourhood park, barbecue facilities, outdoor seating and an amphitheatre along the lake foreshore.

Also planned is a community planting area at the end of Naramble Terrace, a small commercial and shopping precinct, a jetty and lake access for watercraft and a boardwalk.

In its pitch to developers, the SLA says Lawson is a proven, strong-performing suburb with established connectivity and arterial corridors at the doorstep, the SLA says.

Median unit prices in Lawson have increased in value to $655,000 over the past 12 months to September 2023, it says.

The median rental price over the past month has grown 3.3 per cent to $620 per week.

The SLA says the CFZ site is ideally situated for permissible use such as a child care centre or cultural or health facility.

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In August, an 11,507 sqm block in Lawson Stage 2 sold at auction for $14 million to Sydney-based Marva Holdings Pty Ltd.

That block had a capacity for 81 to 184 dwellings, including 23 affordable and five community homes.

It was sold with conditions that include a sustainability commitment, including no gas connection, EV charging, rooftop solar and landscaping to meet the 30 per cent tree canopy provision.

Knight Frank is marketing the latest release. All four blocks will go under the hammer at the QT Canberra hotel at 11 am on Tuesday 5 December.

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Daniel O'CONNELL3:23 pm 20 Nov 23

When will we come to our senses and develop the adjacent old Naval Transmitting Station for much needed residences?

‘We’ already have good sense Daniel, and know we can develop it as soon as we care nothing for the largest piece of lowland natural temperate grassland (a declared endangered ecological community) in the region, and also for its population of Golden Sun Moth, a species declared critically endangered by the Commonwealth govt. Until then (probably not in our lifetimes) it is destined to be another ACT nature reserve, after the Defence system, which last used it more than 3 decades ago, hands it to the ACT. During that 3 decades, Defence remediated the site, for contaminants etc.

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