Situated on a 777m2 RZ2 block this double brick, 5-bedroom house presents endless possibilities!
In this popular established Farrer location, lucrative investment prospects await for an 'investor' wanting to rent the existing property out with 2 divided units, or for those ready to renovate or rebuild their own dream home. For families, this existing home already has generous living space with two separate family areas providing versatility and flexibility.
With the added convenience of being just a short walk from the local Farrer shops and cafes, Farrer Primary School, Southlands sports ovals, tennis courts and shopping centre, this location provides centrally positioning. The home is also close to a variety of walking trails including Farrer Ridge, as well as popular landmarks such at the Canberra Hospital, numerous reputable schools, public transport and major arterial roads.
Property Features:
RZ2 block for potential future development opportunities
Property is currently divided into two units, providing potential for instant income
Opportunity to renovate and customize the property to your own specifications
Established double brick, 5-bedroom house
Two separate living areas
Parquetry flooring
Enclosed backyard with secure fencing
Conveniently positioned close to numerous local shops, quality schools and regularly used services and landmarks
Close proximity to nature reserves and parkland
Unit 1 EER - 3.0
Unit 2 EER - 4.0