Auction Location: On site.
Mawson is easily the most popular suburb of the Woden Valley. The leafy streets, vibrant shops and family atmosphere make it the pick of many great suburbs in the Valley.
Offered for the first time in 48 years, 20 Du Faur Street is the ultimate opportunity for anyone looking to establish themselves in Mawson. The block is positioned on the corner of two quiet streets and provides a number of options to either renovate the existing home, knock down and build your dream home or take advantage of the 930sqm of land and redevelop, pending ACTPLA approval.
The current home has been split into two units to maximise rental income. The floorplan has two functional kitchens, two bathrooms, three bedrooms and two living spaces if opened. The interior of the home is largely original and ready for someone to come in and add their own touch, alternatively you can continue renting them out as two units, Unit A achieving $295pw and Unit B $260pw providing a great yield.
Should you choose to knock down the existing residence, you allow yourself to build or develop in one of the best suburbs Canberra has to offer. In recent years, Mawson has seen a flurry of new homes be built, mixing in with many original Canberra homes. The location is wonderful for those wanting to be a short drive to key areas such as Canberra Hospital, Westfield Woden or Phillip industrial estate. It is also a short stroll to the local shops, which offer plenty of local produce and cafes, including two original Italian cafes and bakeries and a Club Lime Gym.
Features Include:
RZ2 Zoning
Flexible floorplan
Two kitchens
Undercover carport
Corner Block
Close to Westfield Woden
Key Figueres:
Block: 930sqm
Rates: $3,661
Land Tax: $5,598
Internal SQM: 127.83m2
Rent: $555pw