



JLL exclusively presents Block 2 Section 82, Weston to the market – a substantial 15,465 sqm seniors living development site positioned at the intersection of Australia's tightest aged care market and Canberra's oldest demographic catchment. Commanding 126 metres of Streeton Drive frontage alongside dual secondary street access, the site carries a purpose clause permitting six discrete uses including residential care accommodation, retirement village, health facility, and multi-unit housing, providing strategic optionality for phased delivery or mixed-tenure models tailored to buyer capability and market timing. The opportunity addresses structural undersupply within a market requiring at least one new aged care facility annually for the next 20 years. Weston Creek delivers rare demographic certainty for aged care investment. At a median age of 41 years, the district records Canberra's oldest population profile, running six years above the ACT average. Residents aged 65 and over comprise 20.4% of the local population against 13.7% territory-wide, while the 85-plus cohort sits at 3.6% versus 1.7% across the ACT. This established aging-in-place base is forecast to grow 33% by 2065, creating a non-discretionary demand pipeline. The site is located 12 minutes from both Canberra Hospital and Calvary Private Hospital, positioning within critical emergency response and clinical partnership radius. Arterial road frontage and surrounding bus connectivity deliver resident independence via 2 minute access to Cooleman Court's full-line supermarkets, medical centres, and pharmacy network, while extending catchment reach across Woden Valley and Tuggeranong corridors. Block 2 Section 82, Weston is offered for sale via Expressions of Interest closing 4pm (AEDT) Thursday 12 November 2026. For further information and access to the data room please contact exclusive agents JLL. Investment Highlights • Aging Demographic: Weston Creek's median age is the highest in the ACT with 20.4% of the population aged 65+ vs 13.7% territory-wide while 85+ cohort sits at 3.6% vs the ACT average of 1.7% • Wide purpose clause: Crown lease permits a variety of uses including residential care accommodation, retirement village, health facility, multi-unit housing, community activity centre, and supportive housing • Development-ready: 15,465 sqm site with 126m Streeton Drive arterial street frontage plus secondary access via Unwin Street and Heyson Street • Federal funding tailwinds: $3.7bn aged care package includes $348.4m capital subsidies; $30 per supported resident per day for new construction over 25 years • Structural undersupply: Research indicates the ACT requires a minimum of one new aged care facility annually for 20 years • Integrated amenity position: Two-minute drive to Cooleman Court (Woolworths, Aldi, medical centres); arterial road frontage with direct bus connectivity to Woden Town Centre and Canberra CBD
Email enquiry to JLL - Canberra
Property ID: 505251924
Original Property ID: 505251924