London Cct, Canberra ACT 2601

City Section 116

Description

A landmark Canberra site at the intersection of city, Lake Burley Griffin and national Parliament, offering rare scale and prominence. Section 116 presents developers a pivotal opportunity to define central Canberra's future as the city intensifies and connects to Lake Burley Griffin.

The ACT Government, through the City Renewal Authority, envisions a lively, sustainable development, with this site as a catalyst between established fabric and emerging lakefront corridor. Its scale enables commercially compelling, architecturally meaningful development that enhances the city skyline and public realm, inviting market-led innovation and ambition.

Situated on a significant 24,131m² land holding and designated for a minimum yield of 742 dwellings, Section 116 presents an experienced developer with a rare opportunity to deliver a truly world-class primarily residential, mixed-use development of scale and significance within Canberra's city centre.

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Investment highlights

A city shaping 24,131m²* land holding in the heart of Canberra
Residential mixed-use development site designated for a minimum yield of 742 dwellings
Prominently positioned next to City Hill, between the city centre and Lake Burley Griffin
Close to significant new infrastructure developments including the light rail extension to Commonwealth Park, Acton Waterfront and the new lyric theatre
Highly connected to the main transport corridor including London Circuit, Vernon Circle, Commonwealth Avenue and Constitution Avenue.

Section 116 is for sale through a two-stage process. The first expressions of interest stage is now open and will close at 4pm, Friday 29 May 2026.

*Approximately