Nestled in a peaceful, family-friendly cul-de-sac in Banks, this rare dual-income property offers flexibility, space, and strong investment appeal. Situated on a generous block, it features two fully self-contained homes—each with their own private yard and entrance. With both properties currently tenanted on fixed-term leases, it’s a turnkey investment opportunity delivering immediate returns.
The front residence features multiple light-filled living areas, a large kitchen with ample storage, and year-round comfort with split system heating and cooling. Three well-proportioned bedrooms with built-in robes provide ample accommodation. A secure carport with a roller door adds convenience. At the rear, the 2-bedroom home offers open-plan living, its own private entry, split system air conditioning, and a fully fenced backyard—perfect for privacy or dual living.
Positioned close to quality local amenities including Lanyon Marketplace, Lanyon High School, Conder Primary School, and Conder Park, this versatile property offers lifestyle and location in equal measure. Whether you're investing or accommodating extended family, this is a rare find in a pocket of Canberra’s south.
3 Allitt Place is currently rented until June 2026 at $605 per week.
2/3 Allitt Place is currently rented until October 2025 at $370 per week.
Please note that these homes are currently set up as two separate residences but can be used as one large residence if required.
Property Features:
• Dual occupancy on subdivided block
• Two self-contained homes on one title
• Light-filled living spaces in both residences
• Three-bedroom front home with multiple living areas
• Two-bedroom rear home with open-plan design
• Secure carport with roller door (front home only)
• Split system heating and cooling throughout
• Built-in robes to all bedrooms
• Private, fenced backyards separated by Colorbond fencing
• Located in a quiet, established cul-de-sac
• Both homes currently tenanted on fixed-term leases
• Great rental yield and investment potential
• Ideal for investors or multigenerational living
• Close to Lanyon Marketplace, schools, and parks
UCV: $439,000
Block Size: 705m2
Main Residence: 150m2 (approx.)
Rear Residence: 70.6m2 (approx.)
Year of Construction: 1992
EER: 5.0 (Main), 5.5 (Rear)
Outgoings:
General Rates: $681 p/qtr (approx.)
Land Tax (investors): $1,163 p/qtr (approx.)
Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.
