Extremely rare opportunity in a premium location, offering immediate and future opportunity on 921m2 in RZ2 Zone

49 Gilmore Crescent, Garran ACT 2605

The best opportunity Garran has seen in some time, this renovated, flexible living layout is situated directly opposite the Garran shopping complex and on an extraordinary 921m2 in RZ2 zoning.

This multi storey home has been smartly separated and previously used as two dwellings, with both upstairs and downstairs with essential amenities and secure access if desired at front and rear. Providing the opportunity for an investor to receive rental return from two tenancies, a live in owner with downsizing parents occupying the alternate residence or renting it out for subsidiary income.

Once upstairs you are welcomed by a large open plan kitchen and meals area of northerly aspect adjoining the large rear deck. The kitchen is well equipped with a massive 5 burner gas stove, liberal amounts of storage and built in wine rack, all while looking out on the large back yard and surrounding greenery.

Fronting the home is the open plan lounge and formal dining area that hosts an open fireplace, study alcove and opens onto a veranda the length of the home. Two large bedrooms both with built in robes, a generous renovated bathroom of tasteful design and evaporative cooling complete the upstairs abode.

While downstairs you are greeted with an open plan living and dining area overlooked by another well-appointed kitchen hosting an electric cook top, dishwasher and ample bench space. Capturing the northerly sun, this light filled area overlooks and accesses the enormous backyard. Two generous bedrooms with built in robes front the home, a well-designed and renovated bathroom shares with a laundry space and internal access from the garage is added convenience.

With freshly landscaped front lawn in the centre of a looping thoroughfare driveway, you are provided with ample off street parking, along with a single remote access garage and designated car parking to the side of the building. The recent addition of a significant 6.6kw solar electricity system in 2019 is sure to reduce your outgoings and provide a more environmentally friendly household.

Located only a stone throw from all the necessary amenities at the Garran shops including a medical centre, supermarket, cafes and post office. Some of the best schooling options are in immediate vicinity, along with Canberra hospital only 5 minutes drive and Woden Plaza less than 10 minutes.

Ready to rent or live in now and potential future development later, inspection is by appointment only. Contact your agents today to see this special opportunity for yourself.

Features include:

Light filled home separated into two residences. Offering exceptional rental return of up to $1,150 per week.
Renovated kitchens with gas and electric cook-tops, dishwashers and ample cupboard space
Spacious bedrooms all with BIR’s
Easy-care front and rear gardens with recently landscaped front lawn
Evaporative cooling & open fireplace upstairs, split system air conditioning downstairs
6.6 KW Solar electricity system providing sufficient reduction in outgoings and environmental benefits.
Brick veneer construction
Single lock up garage with internal access downstairs plus designated external parking and ample off street parking
Directly across the road from Garran shops, nearby to local schools and Canberra Hospital
Block Size: 921m2 in RZ2 zone
House Size: 223m2 (approx.)
EER: 2 stars
Constructed: 1966

Outgoings:

UV: $637,000 (2021)
General Rates: $1009 p/qtr (approx.)
Land Tax: (if rented out) $ 1580 p/qtr (approx.)

Sold

Sold $1,780,000

Overview

  • Suburb Garran
  • Property Type House
  • Energy Rating 2
  • Living Area 223 m²
  • Bedrooms
    Bed 4
  • Bathrooms
    Bath 2
  • Garage 1
  • Postcode 2605
Property Features
  • House
  • Bed 4
    Bath 2
    Car 1
  • Floor Area is 223 m²
  • Energy Rating 2
  • Garage
  • Remote Garage
  • Dishwasher
  • Built In Robes
  • Balcony
  • Open Fire Place
  • Evaporative Cooling