Located in one of Canberra's most esteemed diplomatic suburbs, 10 Schlich Street, Yarralumla presents an unparalleled opportunity to secure a property of grand proportions, exceptional versatility, and immense future potential.<br><br>Set on an expansive 935m² RZ2 block, this distinguished 407m² residence has a rich history, once home to the renowned Solander Art Gallery. Now thoughtfully reimagined, it offers an extraordinary blend of sophisticated living, multi-generational functionality, and lucrative investment appeal.<br><br><br>A Home of Distinction<br>Elegant Upper Level – A Refined Living Experience<br>• Three well-appointed bedrooms, including a master suite with private ensuite<br>• A beautifully designed main bathroom<br>• Expansive open-plan dining and living area, ideal for hosting and entertaining<br>• Well-equipped kitchen with premium appliances<br>• Dedicated laundry<br>• Two balconies offering serene, leafy outlooks<br><br>Ground Floor – Unrivalled Versatility & Income Potential<br><br>Designed to accommodate extended families, guest residences, or high-yield rental opportunities, the lower level is divided into three fully self-contained residences, each with private entrances:<br><br>• Residence One: 2 bedrooms, 2 bathrooms, full kitchen, and laundry<br>• Residence Two: 2 bedrooms, 1 bathroom, full kitchen, and laundry<br>• Residence Three: 2 bedrooms, 1 bathroom, full kitchen<br><br>Each residence is thoughtfully designed for comfort and independence, making this a truly rare investment opportunity for homeowners, developers, or astute investors.<br><br>Unmatched Features & Investment Appeal<br>• Prestigious Yarralumla address – one of Canberra's most tightly held enclaves<br>• Four independent living quarters – ideal for multi-generational families or premium rental income<br>• Three private courtyards – providing tranquil outdoor retreats<br>• Triple carport + additional off-street parking for three more vehicles<br>• Ducted heating & cooling throughout for year-round comfort<br>• RZ2 zoning – offering significant future redevelopment potential<br><br>A Location of Unparalleled Prestige<br><br>Nestled within the tree-lined streets of Yarralumla, this exclusive residence is just moments from:<br>- Lake Burley Griffin – Canberra's iconic waterfront destination<br>- Prestigious schools & embassies<br>- Boutique shopping & fine dining<br>- Picturesque parks & walking trails<br>- The Parliamentary Triangle & Canberra's CBD<br><br>Key Information:<br>• Bedrooms: 9<br>• Bathrooms: 6<br>• Living Areas: 4<br>• Kitchens: 4<br>• Carport Parking: 3 (plus 3 additional off-street)<br>• Block Size: 935m² (RZ2)<br>• Living Size: 407m² (approx.)<br>• UV: $1,852,000<br>• EER: 2<br>• Rates: $2,163 per quarter (approx.)<br>• Land Tax: $4,224 per quarter (approx. – if rented)<br><br><br>An Exceptional Bonus<br>For buyers seeking a larger opportunity, the adjoining property at 8 Schlich Street is also available for purchase-creating a combined 1,727m² landholding across two titles in this coveted RZ2 zone.<br>Together, 8 and 10 Schlich Street offer unmatched flexibility for future redevelopment, boutique townhouse construction, land banking, or an extraordinary multi-generational family compound (subject to relevant approvals).<br>A combined opportunity of this scale, zoning, and location in Yarralumla is rarely available-making this a truly unique and prestigious offering<br><br><br>Contact Mina Etminan at Luton Properties Manuka today to arrange your private viewing or discuss the combined opportunity.<br><br>Nearby Amenities:<br><br>- Yarralumla Post Office – 0.4 km<br><br>- Yarralumla Primary School – 0.7 km<br><br>- Royal College of Nursing – 1.9 km<br><br>- Alfred Deakin High School – 2.2 km<br><br>- Australian National University (ANU) – 3.9 km<br><br>- Canberra Centre – 4.2 km<br><br>- Canberra Hospital – 4.7 km<br><br>Canberra Institute of Technology (CIT) – 4.9 km<br>
