Set within one of O'Connor's most established and desirable streets, this versatile property presents a rare opportunity to secure strong holding income in a premium inner-north location. Positioned on a generous block just moments from local shops, parkland, quality schools and the ANU, the home offers multiple living areas including a spacious lounge and separate living and dining zones, complemented by a well-sized kitchen with ample bench space and storage. The flexible floorplan and substantial land component create immediate appeal for investors while also offering long-term scope to enhance, rebuild or redevelop (STCA) in a tightly held setting.
In addition to the four-bedroom main residence, the property includes separate rear accommodation providing additional living flexibility. Currently generating a combined rental return of $1,500 per week ($78,000 per annum), the home is securely leased and delivers strong cash flow from day one. Whether retained as a high-performing investment, land-banked for the future or reimagined to maximise the blue-chip position, this is a compelling opportunity in one of Canberra's most consistently sought-after suburbs.
* Premium O'Connor street in tightly held inner-north location
* Four-bedroom, ensuite main residence with multiple living areas
* Additional rear accommodation providing flexible use options
* Currently returning $1,500 per week ($78,000 per annum) combined
* Generous block offering future redevelopment potential (STCA)
* Walking distance to shops, schools, parkland and ANU
* Easy access to Canberra CBD
Land Size: 849sqm
Living Size Total: 255sqm
25 - 175sqm
25a - 80sqm
Current Rental Yield: $1,500pw
EER: 0.0*
Rates: $6,410pa (approx.)
UCV: $1,150,000 (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.
