136 Dryandra St

O'connor ACT 2602

141 m²

House

Currently for sale - view listing

Overview

Renovate, Reimagine or Redevelop in Prime O'Connor

Held within the same hands for well over a decade, this tightly held O'Connor property presents a rare opportunity to secure a substantial Inner North landholding with remarkable flexibility for the future. Positioned in a quiet, tree-lined street surrounded by high-quality homes, the existing residence offers comfortable living while you consider your next move-whether that's crafting a standout family home or exploring the site's broader potential. Set on a significant 2,170sqm, this landholding is complemented by an approved freestanding studio and lends itself to a range of possibilities-from a thoughtfully renovated single residence to a more ambitious redevelopment outcome. The new owner can make the most of the proposed Missing Middle Housing Planning Reform, where unlocked density upside creates significant long-term value (STCA). It's minutes to key infrastructure and commerce and easily accessible to a great road network, but it benefits from a quiet, serene environment and location. With its prime location, established setting and unique versatility, this is an opportunity defined not just by what's here today, but by what it could become. * Substantial landholding of 2,170sqm in one of O'Connor's most tightly held and desirable streets * Flexible opportunity to create a premium single residence or explore redevelopment potential through the proposed Missing Middle Housing Planning Reform (STCA) * Existing three-bedroom home providing immediate liveability or rental holding income * Separate lounge, kitchen and meals area opening to elevated rear deck * Approved, freestanding studio offering additional flexibility for creative or work-from-home use * Generous block with established gardens and excellent scope for future enhancement * Surrounded by high-quality homes in a blue-chip Inner North setting * 4 primary schools and 2 secondary schools within a 3-kilometre radius, accessible in minutes * Just a 5-minute drive from The Australian National University * Just 4.5km from the Canberra CBD in close proximity to key public transport routes Land Size: 2166sqm Living Size: 141sqm EER: 0.5 Rates: $9,034pa (approx.) Land Tax: $19,503pa (approx.) UCV: $1,630,000 (2025) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. Please note that some images used across Belle Property listings may include digital enhancement for presentation purposes. Buyers are encouraged to refer to the advertising copy or speak with the listing agent for further clarification where required. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.