$1,850,000+
5 Fairfax Street, O'Connor ACT 2602
House
5320.5
Block size: 1137 m² approx.UV: $1,104,000 (2023)
Prime Inner North Opportunity - Ideal for Investors & Developers!
*By Appointment Only, Contact Agent to Book*
Welcomed to the market is this rare and unique 1137m² block of land, offering three homes on one block. Nestled within the charming streets of O'Connor, number 5 presents an exceptional opportunity for those seeking a property with triple income. This gorgeously appointed property has ample potential for investors or large blended families.
The main residence is a spacious abode featuring three bedrooms and a one-bathroom layout with an open kitchen and dining area, completed by a separate living space and double carport.
Adjacent to the main house are two self-contained units, each comprising one bedroom, a kitchen and a comfortable living area.
Opportunities like these are indeed rare within the Inner North, a large 1137m² block of land holding three separate residents. Ideally suited for developers, builders, investors after a long-term hold with a generous rental yield or families who perhaps want to live in one home and have a rental income on the others, the options are endless!
Nestled near the renowned O'Connor shops and preschool, and conveniently close to Calvary Hospital and Radford College, this location embodies convenience. With the CBD, ANU, and light rail just minutes away, residents enjoy an enviable lifestyle.
Features:
• Total land size of 1,137m² (approx.)
• Three separate residences on one block
• Double brick (main house)
• Main residence features three-bedrooms
• Functional original kitchen with gas cooktop
• Large backyard
• 2 Self-contained units, each comprising one bedroom, a kitchen, and a living area
• Potential to create your dream lifestyle (subject to approval)
• Prime location in the Inner-North
• Close to schools, shops, the City Centre and recreation space
• Ease of access to transport links and arterial roads
EER: 0.5 Stars
Year Built (main house): 1961
Living: 119.84m² approx.
Carport: 26.50m² approx.
Rental estimate: $750 per week (main property)
Studio 1 Rental estimate: $300 per week
Studio 2 Rental estimate: $280 per week
Rates: $5,437.56 per annum approx.
Land Tax: $7,006.90 per annum approx. (if leased)
Land Value: $1,104,000 (2023)
Welcomed to the market is this rare and unique 1137m² block of land, offering three homes on one block. Nestled within the charming streets of O'Connor, number 5 presents an exceptional opportunity for those seeking a property with triple income. This gorgeously appointed property has ample potential for investors or large blended families.
The main residence is a spacious abode featuring three bedrooms and a one-bathroom layout with an open kitchen and dining area, completed by a separate living space and double carport.
Adjacent to the main house are two self-contained units, each comprising one bedroom, a kitchen and a comfortable living area.
Opportunities like these are indeed rare within the Inner North, a large 1137m² block of land holding three separate residents. Ideally suited for developers, builders, investors after a long-term hold with a generous rental yield or families who perhaps want to live in one home and have a rental income on the others, the options are endless!
Nestled near the renowned O'Connor shops and preschool, and conveniently close to Calvary Hospital and Radford College, this location embodies convenience. With the CBD, ANU, and light rail just minutes away, residents enjoy an enviable lifestyle.
Features:
• Total land size of 1,137m² (approx.)
• Three separate residences on one block
• Double brick (main house)
• Main residence features three-bedrooms
• Functional original kitchen with gas cooktop
• Large backyard
• 2 Self-contained units, each comprising one bedroom, a kitchen, and a living area
• Potential to create your dream lifestyle (subject to approval)
• Prime location in the Inner-North
• Close to schools, shops, the City Centre and recreation space
• Ease of access to transport links and arterial roads
EER: 0.5 Stars
Year Built (main house): 1961
Living: 119.84m² approx.
Carport: 26.50m² approx.
Rental estimate: $750 per week (main property)
Studio 1 Rental estimate: $300 per week
Studio 2 Rental estimate: $280 per week
Rates: $5,437.56 per annum approx.
Land Tax: $7,006.90 per annum approx. (if leased)
Land Value: $1,104,000 (2023)
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Sharna Sinclair to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
5
Bathrooms:
3
Carport spaces:
2
Property type:
House
Block Size:
1137 m²*
Unimproved Value:
$1,104,000 (2023)
Other Details
Block:
11
Section:
66
Rates (Residential):
$5,060*
Rates (Commercial):
$42,494*
Rates (Rural):
$1,301*
Land Tax (Residential):
$9,392*
Legal description:
CANB/OCON/66/11
*These are approximate values based on available information.
Maps and area information
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Block information
Block 11 Section 66 O'Connor
Block size: 1137m² (approx)
Unimproved value: $1,104,000 (2023)
Legal description: CANB/OCON/66/11
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
What's nearby
St Joseph's Primary SchoolPrimary School
1.1km
Lyneham HighHigh School
1.6km
Calvary Private HospitalHospital
2.5km
Canberra CentreMajor Shopping Centre
2.8km
Australian National UniversityUniversity
2.3km
Merici CollegeCollege
2.2km
O'connor Post OfficePost Office
0.9km
Aust. Defence AcademyTafe
5.4km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
16 Jul 2015
Sold
Luton Properties Dickson
$790,000
Contract: 29/04/2015
Transfer: 16/07/2015
Listed: 16/10/2014
Days on market: 195
Block size: 1137m²
Transfer type: Full transfer
Purpose: Single residential dwelling
20 Mar 2003
Sold
$423,000
Contract: 08/01/2003
Transfer: 20/03/2003
Listed: 06/11/2002
Days on market: 63
Block size: 1137m²
Transfer type: Full transfer
Purpose: Single residential dwelling
O'Connor suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
37 years
Population
5,917
Unimproved value for O'Connor
$1,104,000
Listing ID: 182490470. This listing has been viewed 3478 times. It was first displayed on 02/05/2024 and last updated on 23/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.