Loads of Potential on a huge Block of Land - zoned RZ2!

Property Description

Loads of Potential on a huge Block of Land - zoned RZ2!

Auction Location: On Site

Potential abounds, limited only by your imagination! This neat and tidy home is ready to move into, while you decide how to develop and unleash your flair for renovation. Perhaps you will make use of the abundant block size and knock-down/rebuild your dream home.

Freshly painted and with new carpets throughout, this unique home is ready for the astute investor to move in now, or rent out for an income whilst you design and plan your future. Located on a spacious 1109sqm RZ2 block this property offers the chance to renovate or extend the existing home or develop an additional dwelling to add future value or start again with a clean slate and take advantage of the Northerly aspect to the rear.

The home includes a light-filled living room plus a good sized kitchen with adjacent Dining/meals area, a separate laundry, Bathroom with separate shower and bath and a separate WC. Three bedrooms plus a study, or parents retreat, adjacent to the Master Bedroom. The large backyard offers plenty of opportunity for redevelopment and ample space to add your personal touch. Located near Lyons shops, this home is an easy, safe stroll from the local primary school, playground and oval. Woden Plaza is but a short 5 minutes commute away and Public transport is on your doorstep, with the bus interchange offering the heart of Canberra City within easy reach. Walking and cycling trails abound throughout the nearby Canberra Nature Park and there are ample sporting facilities to meet your every need.

The possibilities for this property are endless, offering a unique opportunity for developers, investors or the astute home owner with an eye on future potential. This is definitely a Blue Chip real estate opportunity that should not be overlooked.

Property Highlights:
• Central location
• Original 3 bedroom plus study/Parents Retreat
• Easy walk to local schools
• Re-development potential RZ 2 Zoning
• North facing rear to capture all the sun in the entertaining space and back garden
• Short walk to Lyons shops, parks and ovals
• Close to Woden Plaza
• Close to Canberra Nature Park

Property Details:
Block Size: 1109m2
RZ 2 Zoning
Rates: $4339.00
Land Tax: $7378.00
Rental Appraisal: $690.00 per week
Year Built: 1965

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