How many things are certain in an uncertain world? Apart from the popular old adage about death and taxes, the other would certainly have to be property. The most applicable saying is attributed to Mark Twain, is – buy land, they’re not making it anymore.

In a Canberra context, a 920m2 block of land with an RZ 2 zoning in magnificent Macquarie, is an ideal prize that is oft sought but difficult to find. So, when the chance arises you had better get on your bike (well it is Canberra), but make sure you bring your cheque book.

An interesting fact is that Macquarie is not as well-known as some of the neighbouring suburbs, but that is due in part to the fact that once there, people rarely want to leave, so the opportunities to buy into the suburb are minimal. And when properties do come up, they are gone before you know it, especially RZ 2 blocks.

Macquarie ticks all the real estate boxes for location, being adjacent to the Belconnen Town Centre and home to the ever popular and easily accessible Jamison Centre, Big Splash Waterpark and the local Southern Cross club. The brilliant Canberra road network provides quick access to Calvary Hospital, Canberra University, ANU the City and the Parliamentary precinct, in fact from here the rest of Canberra is your oyster.

While there are multiple options for you to explore with this property, let us first look at the home itself. It started life as a 3 bedroom government house, and therefore is among the best built homes of its era. This is due to the stringent inspection regime to which the builders of government homes were subjected at the time. The owner has lavished much care and attention on the property over the last 20 years. For a start the external brick walls have been rendered which updates the outside appearance. Then inside there have been some alterations and additions so the home now boasts a desirable list of inclusions and features; including renovations to the kitchen, bathroom and laundry, and all the windows have been replaced with double glazed timber windows, but I will give you more details later.

So where is the money I hear you ask; what are these money making OPTIONS and OPPORTUNITIES? While most of these would be subject to planning approval lets go through them one at a time. You could:

a. Live in the home as is, with the RZ2 zoning option in place, which will offer significant options and desirability into the future.
b. Extend the current home or knock it over to create your aspirational dream home in a quiet cul-de-sac location in a most desirable suburb – and still have the benefits of (a) above.
c. Retain the exiting home and build yourself another home in the backyard, which you can rent or sell off.
d. Build another home in the back yard and sell off both.
e. Knock down the existing property and build 2 or 3 new dwellings on the site, depending on the planning track you choose to follow.

Not a bad little list really, don’t you think? Well, if it sounds a possibility then give me a call or send in an enquiry and we can commence a conversation about how this property may suit your needs.

Features & Benefits
* RZ2 Zoning.
* Ready to move into and live/rent.
* Double glazed timber windows throughout.
* Renovated Kitchen.
* Renovated and expanded bathroom.
* Luxaflex Duette Blinds window treatments.
* Timber Flooring to living areas kitchen and hallway.
* Carpet to Bedrooms.
* Air conditioning unit to the living room, providing heating & cooling to the whole home.
* Large rear timber entertaining deck off living area with pergola and laser lite roof.
* Timber deck and pergola to front of home.
* Gas HWS.
* Large double carport and storage shed to the side of the house.
* Multiple rainwater tanks.
* Under bench dishwasher
* Gas cooktop

Land Size 920 m2
House Size 102.42 m2 approx.
Rates: $3,664
Land Tax: $5,612
UCV: $508,000
EER: 5.5

Disclaimer
All information contained herein is gathered from external 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 and satisfy themselves in all respects.