Fully approved and well designed you will find the original 3 bedroom home that has had some changes and updates so that it now offers an excellent inner city location for your current and future tenants. One of the original bedrooms has been opened up to create an additional living space. The front house has a split system air conditioner for heating and cooling and a gas wall heater. There is also a storage shed and single carport included.

The rear home is newer and has three bedrooms, a main bathroom plus a sauna room with shower as well. Again a split system air conditioner for heating and cooling and also a gas wall heater are included. The north facing side of this home features full length windows looking onto a private courtyard garden screened from the front home by a brush fence. The result is a light and bright home.

Both homes have existing tenants paying a total of $855 per week. You do your own numbers and you will see that this property makes sense as an investment proposition as it stands.

Even better the land is zoned RZ2. That means that should you wish you may be able to subdivide the block and create a dual occupancy under new draft variations currently before the ACT assembly. There are also possibilities to join with neighbouring blocks to create a larger parcel of land for redevelopment under the RZ2 guidelines.

With an auction planned for the 7th December make your plans now to inspect this property so that you do not miss this excellent investment opportunity.

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