It's not a typo - this 5-bedroom, 5-bathroom home truly delivers on space, comfort, and opportunity. With five tenants currently in place and a total rental income of $1,275 per week, it presents an outstanding investment opportunity from day one. Constructed with double brick internal walls for excellent privacy and sound insulation, the home has been fully renovated throughout. Positioned toward the front of the block, it offers scope to extend at the rear or even redevelop in the future. This property suits a wide range of buyers - from investors, business owners, airbnb aficionados and multigenerational families to those seeking a quality home with excellent long-term potential.<br/><br/>The open-plan, spacious living, dining and kitchen area has been thoughtfully designed to provide a warm and communal atmosphere, ideal for shared living or family gatherings. Each of the five generously sized bedrooms include an ensuite and large window that fill the room with natural light. All five bathrooms have been fully renovated and feature a shower, vanity and toilet, ensuring convenience and comfort for every resident.<br/><br/>Flowing effortlessly from the main living areas, the private and low-maintenance backyard offers a peaceful retreat, perfect for enjoying a quiet moment in the northerly sun. There is also plenty of off-street parking available, adding to the property's convenience.<br/><br/>Located in one of Mawson's most sought-after areas, this home offers the perfect blend of lifestyle and accessibility. It's just a short stroll to the Swinger Hill and Southlands Shops, with their array of restaurants and amenities, as well as the nearby Woden Town Centre, Westfield Woden, the new TAFE/CIT campus, Canberra Hospital and the Phillip business district. Easy access to the main arterial roads makes commuting to Fyshwick, Tuggeranong and Civic simple and efficient.<br/><br/>Mawson has experienced strong capital growth over the past five years and continues to thrive, with extensive new residential developments underway. Locals enjoy a peaceful, family-friendly community with convenient access to parks, schools, public transport and shops, including the well-loved Southlands Shopping Centre and Swinger Hill IGA.<br/><br/>Whether you are a large family, business owner, investor or builder, this property offers endless potential. It combines comfort, style and long-term opportunity in the heart of the thriving Woden Valley - a peaceful and friendly neighbourhood that's close to everything.<br/><br/>HIGHLIGHTS:<br/><br/>? 5-bedroom, 5-bathroom home set on a 716m2 block and leafy street<br/>? Sunlit open plan living, kitchen and dining space <br/>? Renovated kitchen with electric cooktop and oven<br/>? 5 well-proportioned bedrooms with ensuites<br/>? Large separate laundry with external access<br/>? Double brick walls, concrete slab, concrete roof tiles, timber truss roof, no unapproved structures<br/>? Private low maintenance rear garden<br/>? Property backs a green belt<br/>? Plenty of off street parking<br/><br/>LOCATION:<br/><br/>Mawson is a suburb in the Canberra district of Woden Valley. The suburb was gazetted in 1966 and named after the Antarctic explorer Sir Douglas Mawson. The theme for street names is Antarctic exploration. Bounded by Yamba Drive, Beasley Street and Athlon Drive. Southlands Shopping Centre is the commercial and retail centre located in Mawson. It contains a shopping centre, the Southlands Tennis Club, and a branch of the Canberra Raiders Leagues Club trading as The Mawson Club. Nearby are the Mawson district playing fields and the Woden Golf Driving Range. The Mandir Hindu Temple is located in the suburb.[5] Other religious organisations include the Salvation Army Woden Valley Corps, a Seventh-day Adventist church, a New Apostolic Church, and the Australian headquarters for Gideons International. Mawson has two schools, Mawson Primary School and Canberra Christian School. Close proximity to Melrose Highschool, Marist College and the Woden Town Centre, which includes the Westfield Woden shopping centre, bus interchange and Future Light Rail Link, Canberra Hospital, the new CIT Campus and Canberra College<br/><br/>STATISTICS (all figures are approximate):<br/><br/>EER: 2.5<br/>Home Size: 131 sqm<br/>Land Size: 716 sqm<br/>Land Value: $610,000 (2025)<br/><br/>SHARE HOUSE ARRANGEMENT:<br/><br/>Five tenants currently in place and a total rental income of $1,275 per week (four tenants are currently on periodic tenancies and one tenant is on a fixed term 6 month lease until 19/04/26).<br/><br/>FIXED COSTS FOR CURRENT SHARE HOUSE ARRANGEMENT:<br/><br/>Rates: $976 quarterly<br/>Land Tax: $1,915.20 quarterly (Investors only) <br/>Water: $400 - $500 quarterly (with 5 occupants)<br/>Electricity: $600 - $900 quarterly (with 5 occupants)<br/>Internet: $300 quartertly (with 5 occupants)<br/><br/>DISCLAIMER:<br/><br/>Please note: The internal photographs for this property have been digitally styled.<br/><br/>Whilst all care has been taken regarding marketing information compiled for this sale advertisement, Ray White Canberra does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs.
