Description
(Superprime RZ2 Location) - Renovate or redevelop?
House Sold - FORREST ACT
**PLEASE NOTE: A CONTRACT WILL NOT BE ISSUED PRIOR TO AN INSPECTION OF THE PROPERTY. **
Positioned in a leafy tree lined street on a rectangular 813 sqm RZ2 zoned parcel of land, this solidly constructed 1950’s home is in mostly original condition throughout. Set behind a circular driveway, the residence enjoys a stately 2 storey street presence.
Generously proportioned throughout, the home offers an abundance of formal and informal living areas and a very large outdoor entertaining terrace which overlooks the inground swimming pool at the rear. The accommodation consists of five bedrooms, all on the upper level. The master suite has an ensuite bathroom. There are three bathrooms in total, which includes one on the lower lever to service the pool. The car accommodation includes a single lock up garage with internal access and a double carport. Located in a leafy street with a rapidly modernising streetscape, the opportunity exists to redevelop the blue chip RZ2 parcel of land. A short stroll to the gregarious Manuka Village and in close proximity to the Parliamentary Triangle, the Kingston town centre and the Kingston Foreshore, It is ideally located for a wonderful cosmopolitan lifestyle.
Property features:
• RZ2 Zoning
• Circular Drive
• Slab construction
• Concrete inground swimming pool
• Formal and informal living areas
• 8 Roof mounted solar panels
• A Short stroll to Manuka Village
Block size:
812 sqm
Property size:
317 sqm
Unimproved Land Value:
$1,500,000 (2021)
Rates:
$10,050 P.A
Land tax (only if rented):
$16,429 P.A
Energy efficiency rating:
1.0
Year of construction:
1958
Comparable sales:
Forrest
18 Dominion Circuit, Forrest 22/12/2021 $2,800,000
3 Davey Crescent, Forrest 17/03/2021 $2,700,000
Red Hill
28 Quiros Street, Red Hill 11/12/2021 $2,715,000
235 La Perouse Street, Red Hill 11/12/2021 $2,700,000
82 Endeavour Street, Red Hill 23/09/2021 $2,650,000
32 Endeavour Street, Red Hill 19/02/2022 $2,547,500
224 La Perouse Street, Red Hill 10/10/2021 $2,515,000
85 Endeavour Street, Red Hill 22/05/2021 $2,420,000
237 La Perouse Street, Red Hill 02/10/2021 $2,406,000
Deakin
43 Fergusson Crescent, Deakin 19/06/2021 $2,675,000
16 Fergusson Crescent, Deakin 09/09/2021 $2,600,000
10 Nathan Street, Deakin 27/10/2021 $2,448,000
12 Newdegate Street, Deakin 20/11/2021 $2,400,000
37 Fergusson Crescent, Deakin 22/10/2021 $2,350,000
59 Kent Street, Deakin 27/11/2021 $2,250,000
35 Rawson Street, Deakin 05/06/2021 $2,230,000