AUCTION 5th July, 6pm, LJ Hooker Canberra City Office, City Walk Bidding Guide - $720,000+Introducing an exciting property opportunity: a 3-bedroom, 1-bathroom original home situated on a spacious 975sqm land with high-density development potential. This property offers plenty of room for improvement, making it an excellent prospect for those seeking a project with great potential.The house features three well-proportioned bedrooms, providing ample space for a growing family or the flexibility to create a home office or hobby room. While the property requires some work, it presents a unique opportunity to personalize and transform it into a modern, comfortable living space.Positioned on a flat plot of land with a generous 26m frontage, the property is located in a high-density, RZ2 zoning area. This classification allows for the potential development of multi-unit dwellings or townhouses, making it an enticing prospect for investors or developers looking to maximize the property's value.Additionally, this property boasts a four-car garage, offering ample storage space for vehicles and other belongings. The garage even features its own toilet, providing convenience and versatility for various uses.Conveniently located just 2.2km from Kippax Fair, residents can enjoy easy access to a range of shopping, dining, and entertainment options. Whether it's a quick trip for groceries or a leisurely outing, all amenities are within reach.Notably, this property has a proven track record as a rental, providing a reliable income stream for savvy investors. Its desirable location, combined with the potential for development or renovation, ensures that this property presents an attractive opportunity for both investors and homebuyers.Overall, with its substantial land size, high-density development zoning, convenient location, and previous rental success, this property offers plenty of potential for those looking to create their dream home or capitalize on an astute investment opportunity. Don't miss out on this chance to secure a property with endless possibilities.Rates: $2,410 p.a. approx.Land Tax: $3,432 p.a. approx.EER: 3All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
