#soldbyholly $2,550,000

Magically positioned in the Braddon triangle between Haig Park, Ainslie Arts Centre and Lonsdale St, farrer.home, offers a rare and enormous parcel of land (2,114 sqm) within an exciting locale. Offering two dwellings and a garage conversion to shed/studio with kitchenette, there is incredible versatility and opportunity available here. A stone's throw from the CBD, this extraordinary spot serves-up a connected lifestyle with all the best that Canberra has to offer.

The two current dwellings were constructed prior to 2003 and may present an opportunity to subdivide or unit title the block (subject to a proposal meeting Territory Plan and/or other land titling requirements). The current crown lease permits the 2 dwelling rights under one title. Further information can be provided on request.


Features:

.outstanding 2,114m2 north aspect block in central Braddon
.no heritage restrictions
.two separate residences
.original front home, with four/five bedrooms, two bathrooms and powder room
.three separate living/dining areas
.enclosed sunroom extension off the dining area
.ramp access to back part of the original home
.laundry area with external access

.second home (approved dual occupancy) with three bedrooms and two bathrooms
.full kitchen with additional area that could be turned into a walk-in pantry
.second laundry with external access

.front to back access
.double metal garage repurposed into a multi-funcitonal area with three room, kitchenette and bathroom
.brick paved covered area off double garage
.single lock up garage
.double carport with external power points
.two galvanised steel rotary hills hoists
.hedged perimeter
.mature olive, lemon and mandarin trees

.Thermann gas hot water system
.ducted gas heating
.split system inverter heating/cooling


Fine details (all approx.):

Land size: 2114m2
Build size: 162m2
EER: 0
Zoning: RZ1

Build year: 1926
Last renovated: 1998

Rates: $10,919 pa
Land tax: $20,149 pa (investors only)
UV: $1,806,000 (2022)

Rental estimates (approx.)*:

Front house: $900-$1,000/week
Back house: $800/week

The original 1920's cottage, with red brick façade, is quintessential Canberra, steeped in the history of the Walter Burley and Marion Mahoney Griffin's original garden city design.

High ceilings, honey timber floors and timber sash windows are features of the front cottage. The original brick fireplace with ornate timber mantle graces the living room and has been retrofitted with gas heater.
The formal dining room opens to a front porch and a couplet of bedrooms centre around a family bathroom. A small veranda separates a further two bedrooms that connect to a rumpus and second bathroom.
An easily adaptable and generous space can cater for a variety of family combinations and scenarios. The characterful features of this historic charmer are ripe for creative reinvigoration, combing with the new to create a stunning family home, with a contemporary sensibility.
Resting behind mature hedge with attractive row of timber windows, tiled gable roof and charming entry porch, the cottage has a sturdy and rich period presence.

The second dwelling is set well back towards the rear of the site and is annexed by a double carport. The use of red brick provides a cohesive design story that links the new dwelling to the original home. With a generous open plan living, dining, kitchen and three bedrooms that centre around a modern bathroom. Timber flooring flows underfoot and the home's simple lay-out and perfect orientation makes the most of the northern sun.

A free-standing garage conversion has resulted in a generous workshop complete with small kitchen. This practical studio/shed is perfect for the busy creative, passionate tinkerer.


Braddon is a dynamic, ever-evolving, inner-north destination. Lonsdale Street, famous for its eclectic range of restaurants, cafes, unique boutiques, fantastic coffee, and thriving bars. This locale also places you within walking distance to the CBD, ANU, Melbourne Centre, New Acton precinct and O'Connor shops. Throw in, ample green spaces, walking and biking trails, established trees and gardens, and you have an enviable city/village mix.
The home is also close to transport including the light rail and metro city station, connecting you to the whole of Canberra.

*please contact Holly on further information on the rental estimate