71 McLeay Street Turner, ACT 2612

The Opportunity
HAVEN is a builder's project, not a land play: the riskiest and slowest stages are done, and one third of the end product is already sold.
The 708 m² site holds approval for three two-storey townhouses over a shared basement. The basement was built in early 2017, passed its slab inspection, and has since been assessed by the original structural engineers as satisfactory to complete.
Townhouse 3 has exchanged unconditionally off the plan at $1,619,900 (GST inclusive). That contract gives the incoming builder a fixed price point for a 3-bedroom townhouse in the scheme, plus a deposit and settlement mechanism already in place.
The design work is largely finished. Architects Ring & Associates have issued a building approval drawing set, the scheme holds an average 7.4-star NatHERS rating, and a June 2026 hydrant flow test shows mains supply well above the requirement.
What the buyer brings is the build: ground floor, first floor and roof for three premium, all-electric townhouses, each with its own private lift.

Key Facts

• Address: 71 Macleay Street, Turner ACT 2612
• Legal description: Block 3 Section 63 Turner, Deposited Plan 297 (Volume 2169 Folio 59)
• Site area: 708 m² (title)
• Tenure: ACT Crown Lease, commenced 12 January 2015, expires 15 December 2086
• Lease purpose: Residential Zoning, RZ3 Urban Residential
• Development approval: DA201936701 (12 August 2020), amended by DA201936701/S197B (10 April 2024)
• Approved scheme: 3 two-storey townhouses over a basement, plus verge crossing and landscaping
• Works in place: Basement slab and walls, constructed early 2017
• Pre-sale: Townhouse 3 exchanged unconditionally at $1,619,900 (GST inclusive)
• Energy rating: NatHERS average 7.4 stars (certificate dated 22 April 2026)
• Building approval: Awaiting documents
• Sale method: Expressions of Interest, closing Thursday 29 October 2026

Why Builders Should Look at HAVEN

Location
• Turner sits directly north of the City Centre and is one of Canberra's most sought-after inner-north addresses for owner-occupiers.
• City Centre: about 2 km to Civic.
• Transport: about 400 m west of Northbourne Avenue and the light rail corridor linking the city with Gungahlin.
• Street: a quiet residential street of original homes and recent boutique townhouse and unit developments.
• Amenity: close to Braddon's dining strip, the Australian National University, local shops, schools and playing fields.
• The buyer pool for finished product here is deep: downsizers, professional couples and families wanting a low-maintenance home within walking or cycling distance of the city. Each townhouse's private lift is aimed squarely at the downsizer market.

Site, Title & Planning

The site is a regular 708 m² block with frontage to Macleay Street, zoned RZ3 and approved for the three-townhouse scheme now on offer.
Site. The block is relatively level and has an electricity supply easement along the rear (western) boundary. Services available to the site include electricity, water, sewer, stormwater and telecommunications. Under current ACT rules the townhouses are designed as all-electric, with no gas connection.
Title. The Crown Lease runs to 15 December 2086 and permits residential use only. Existing mortgages and caveats on title are expected to be discharged at settlement [vendor's solicitor to confirm].
Planning. RZ3 Urban Residential allows two-storey development at a maximum plot ratio of 65%. On 708 m² that is about 460 m² of gross floor area.

Contact Simon McGuire for more information