Located in one of Canberra's most esteemed diplomatic suburbs, 10 Schlich Street, Yarralumla presents an unparalleled opportunity to secure a property of grand proportions, exceptional versatility, and immense future potential.
Set on an expansive 935m² RZ2 block, this distinguished 407m² residence has a rich history, once home to the renowned Solander Art Gallery. Now thoughtfully reimagined, it offers an extraordinary blend of sophisticated living, multi-generational functionality, and lucrative investment appeal.
A Home of Distinction
Elegant Upper Level – A Refined Living Experience
• Three well-appointed bedrooms, including a master suite with private ensuite
• A beautifully designed main bathroom
• Expansive open-plan dining and living area, ideal for hosting and entertaining
• Well-equipped kitchen with premium appliances
• Dedicated laundry
• Two balconies offering serene, leafy outlooks
Ground Floor – Unrivalled Versatility & Income Potential
Designed to accommodate extended families, guest residences, or high-yield rental opportunities, the lower level is divided into three fully self-contained residences, each with private entrances:
• Residence One: 2 bedrooms, 2 bathrooms, full kitchen, and laundry
• Residence Two: 2 bedrooms, 1 bathroom, full kitchen, and laundry
• Residence Three: 2 bedrooms, 1 bathroom, full kitchen
Each residence is thoughtfully designed for comfort and independence, making this a truly rare investment opportunity for homeowners, developers, or astute investors.
Unmatched Features & Investment Appeal
• Prestigious Yarralumla address – one of Canberra's most tightly held enclaves
• Four independent living quarters – ideal for multi-generational families or premium rental income
• Three private courtyards – providing tranquil outdoor retreats
• Triple carport + additional off-street parking for three more vehicles
• Ducted heating & cooling throughout for year-round comfort
• RZ2 zoning – offering significant future redevelopment potential
A Location of Unparalleled Prestige
Nestled within the tree-lined streets of Yarralumla, this exclusive residence is just moments from:
- Lake Burley Griffin – Canberra's iconic waterfront destination
- Prestigious schools & embassies
- Boutique shopping & fine dining
- Picturesque parks & walking trails
- The Parliamentary Triangle & Canberra's CBD
Key Information:
• Bedrooms: 9
• Bathrooms: 6
• Living Areas: 4
• Kitchens: 4
• Carport Parking: 3 (plus 3 additional off-street)
• Block Size: 935m² (RZ2)
• Living Size: 407m² (approx.)
• UV: $1,852,000
• EER: 2
• Rates: $2,163 per quarter (approx.)
• Land Tax: $4,224 per quarter (approx. – if rented)
An Exceptional Bonus
For buyers seeking a larger opportunity, the adjoining property at 8 Schlich Street is also available for purchase-creating a combined 1,727m² landholding across two titles in this coveted RZ2 zone.
Together, 8 and 10 Schlich Street offer unmatched flexibility for future redevelopment, boutique townhouse construction, land banking, or an extraordinary multi-generational family compound (subject to relevant approvals).
A combined opportunity of this scale, zoning, and location in Yarralumla is rarely available-making this a truly unique and prestigious offering
Contact Mina Etminan at Luton Properties Manuka today to arrange your private viewing or discuss the combined opportunity.
Nearby Amenities:
- Yarralumla Post Office – 0.4 km
- Yarralumla Primary School – 0.7 km
- Royal College of Nursing – 1.9 km
- Alfred Deakin High School – 2.2 km
- Australian National University (ANU) – 3.9 km
- Canberra Centre – 4.2 km
- Canberra Hospital – 4.7 km
Canberra Institute of Technology (CIT) – 4.9 km