Auction Location: LJ Hooker Auction HQ – 182 – 200 City Walk, Canberra City.

Packed with potential, this property consists of two homes on the one block, giving you the investor, developer and astute buyer plenty of bang for your buck!

Set in a quiet cul de sac in sought-after Weetangera, this property is on a 783m2 block within an RZ1 zoning. Each home has two bedrooms, one bathroom and a single carport, with a shared driveway and backyard. Its close to schools and the local shops making this a highly desirable location for families.

Weetangera is one’s of Belconnen’s most sought-after suburbs with it’s tree-lined streets, beautiful homes and premium central location. Close to Belconnen Town Centre, Fresh Food Markets, Jamison Plaza, University of Canberra, and Lake Ginninderra it’s under 15 minutes to the city and moments to nature reserves, the Arboretum and Mologolo Valley.

Investors and developers will love Weetangera’s consistent growth pushing the average house price well above the ACT average, making this property a great investment with further potential to leverage by way of renovation or redevelopment, or keep it as is for a solid addition to your investment portfolio.

Savvy buyers will recognise the opportunity for this property to pay for itself over time. Rent out each home separately or live in one and continue to rent out the other to the existing tenant, reaping the returns from day one and giving you time to plan your dream home.

With endless possibilities appealing to a wide range of buyers, this is the ultimate investment that helps to pay for itself! Don’t miss out on this golden opportunity – contact Stephen Bunday or Andrew Browne now!

At a glance…
- Two dwellings on one title
- 2 x 2 Bedroom, 1 with 1 bathroom, 1 with 2 bathrooms
- Tenant of unit 2 pays $330/wk
- Shared backyard
- Total living area 160m2 (Unit 1, 78m2 / Unit 2, 82m2)
- Built in 1971
- Electric cooking
- Electric hot water
- Quiet cul-de-sac
- Zoned RZ1

Lifestyle features…
- Walking distance to parks, schools and shops
- Renowned restaurant ‘Lahori Gate’ at nearby Weetangera shops
- Westfield Belconnen, 7 minute drive
- Lake Ginninderra Dog Park, 10 minute drive
- Stromlo Forest Park, 14 minute drive
- Canberra CBD, 12 minute drive
- Close to The Pinnacle Nature Reserve

Rates: $3,353
Land tax: $5,146
UV: $516,000

Total living space: 160m2 split over to dwellings
Block size: 783m2
Car spaces: Single carport
EER 1.0