Mixed Use Residential Development Site, 1 Wilf Crane Crescent, Yarralumla, ACT 2600

Forestry Place in Yarralumla is an iconic site in Canberra and a blue-ribbon development opportunity being offered for sale via expressions of interest closing 4:00pm Wednesday 10th September 2025. 

Forestry Place is the next evolution of the 10.9Ha CSIRO Yarralumla site bounded to the east by Banks Street, to the south by Bentham Street and to the west by Royal Canberra Golf Club. It’s also a short walk from the shores of Lake Burley Griffin. 

It is an opportunity to deliver a premium new mixed-use residential/commercial development in the heart of one of Canberra’s most valuable suburbs, Yarralumla. 

Via a recent amendment to the National Capital Plan, this 10.9Ha site is now permitted to include:

+ Residential – limited to a maximum 300 dwellings.

+ Commercial Accommodation – limited to the adaptive reuse of Forestry House and addition to the west of Forestry House, to a maximum GFA of 3,500sqm combined.

+ Community Facility to a maximum GFA of 9,000sqm.

+ Office – Limited to the adaptive reuse of heritage buildings and a maximum GFA of 2,600sqm.

+ Road.

+ Permitted ancillary land uses include Café, Bar, and/or Restaurant, limited to a maximum GFA of 600sqm. 

LOCATION

Yarralumla is a large inner south suburb of Canberra, the capital city of Australia. It is located approximately 3.5 km south-west of the city and extends along the south-west bank of Lake Burley Griffin from Scrivener Dam to Commonwealth Avenue. 

The suburb is bounded to the east by Banks Street, to the south by Bentham Street, and to the west by Royal Canberra Golf Club. 

SALE PROCESS

Register your interest with Alex Smith of Sentia Real Estate to access to the Data Room. 

All site inspections to be organised through Alex Smith. 

Offers to be submitted by 4:00pm Wednesday 10th September 2025.