Positioned on a generous, near-level 850m² approx. parcel of land, this charming character home presents an exceptional opportunity to secure a substantial landholding in one of Canberra's most established and tightly held suburbs. Nestled along a beautiful tree-lined street at the foothills of Mount Ainslie Reserve, the property offers an exciting opportunity for those looking to renovate, extend or create their dream home in a truly enviable location. Cherished by the same owners for close to 30 years, the residence is filled with character and history, character and endless potential, offering a wonderful foundation for the next chapter.
The existing home has been extended over time and offers a generous and flexible floor plan, comprising five bedrooms, two bathrooms and two separate living areas. A detached rumpus room or studio positioned at the rear of the property provides additional versatility, ideal for a creative workspace, hobby room or teenage retreat. While the home would benefit from renovation and modernisation, its generous proportions and established character provide an excellent starting point for those with the vision to transform it into something truly special.
Beyond the existing residence, the substantial near-level block is undoubtedly one of the property's greatest attractions. With 850sqm of land to work with, not often found within the current Ainslie market, the possibilities are extensive, whether restoring and enhancing the home's original charm, undertaking a substantial renovation or exploring the potential for a complete knockdown and rebuild, subject to relevant approvals and unencumbered by heritage listing constraints. The generous landholding and relatively flat topography could provide an ideal setting for a beautifully designed, single-level contemporary residence with expansive living areas, landscaped gardens and outdoor entertaining spaces. A single garage and separate carport add further practicality to the existing property.
The location captures everything that makes Ainslie one of Canberra's most desirable and enduringly popular suburbs. Surrounded by established trees, character homes and picturesque streetscapes, the property enjoys easy access to public transport, walking access to Ainslie Shops, Ainslie North Primary School, Wakefield Gardens and the beautiful walking trails of Mount Ainslie Reserve. The vibrant Ainslie shopping village offers popular cafés, restaurants, local shops and medical services, while Dickson shops, Canberra CBD, Braddon and the wider Inner North are all just moments away. Combining a substantial landholding, a character-filled residence and an exceptional lifestyle location, this is a rare opportunity to secure your place in one of Canberra's most sought-after neighbourhoods and create a home perfectly suited to your future.
With the ACT Government's recent Missing Middle Housing Reforms creating greater opportunities for low-rise residential development in established suburbs, the substantial landholding may also offer exciting possibilities for those looking to explore multi-dwelling development, subject to zoning, planning requirements and relevant approvals.
Features Include:
- Charming character home in the highly sought-after suburb of Ainslie
- Generous, near-level landholding of approximately 850 sqm
- Beautiful tree-lined street at the foothills of Mount Ainslie Reserve
- Cherished by the same owners for close to 30 years
- Five bedrooms and two bathrooms
- Two separate living areas providing flexibility for family living
- Extended floorplan offering generous internal accommodation
- Detached rumpus room/studio positioned at the rear of the property
- Ducted gas heating
- Single garage and additional single carport
- Character-filled residence offering outstanding renovation potential
- Opportunity to renovate, extend or explore a knockdown rebuild, subject to approvals
- Non-heritage-listed property
- Near-level block ideally suited to a potential single-level dream or double-storey home
- Generous outdoor space with exciting landscaping and entertaining possibilities
- Established residential setting surrounded by mature trees and character homes
- Walking distance to Ainslie Shops and Wakefield Gardens
- Easy access to Mount Ainslie Reserve and its extensive walking trails
- Close to local cafés, restaurants, schools and everyday amenities
- Convenient access to Braddon, Canberra CBD and the wider Inner North
- Exceptional opportunity to secure a substantial landholding in a tightly held location
EER: 0.0 stars
Living: 150.04m² (approx.)
Carport: 22.80m² (approx.)
Garage: 22.70m² (approx.)
Block Size: 849m² (approx.)
Land Value: $929,000 (approx.)
Rates: $5,577 per annum (approx.)
Land Tax: $11,748 per annum (approx.) - paid by investors only
Disclaimer: The figures provided herein are approximate and for general informational purposes only. The material and information contained in this marketing document do not constitute legal, financial, or other professional advice. VERV Property expressly disclaims all liability for any inaccuracies, omissions, or errors contained within. No party should rely on this material as the sole basis for any decision-making process. All prospective purchasers are advised to conduct their own independent due diligence and to seek appropriate professional advice prior to entering into any binding agreements or transactions.
Notice: To comply with Australian Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we may be required to verify the identity of buyers and sellers and request additional information before a property transaction can proceed.
