20 Carnegie Crescent, Narrabundah ACT 2604

**PLEASE NOTE: A CONTRACT WILL NOT BE ISSUED PRIOR TO AN INSPECTION OF THE PROPERTY**

Positioned in one of upper Narrabundah's prettiest tree-lined streets, this late-1950s original timber-clad weatherboard cottage blank-canvas has been prepared so you can renovate to taste. The property has a spacious one-bedroom, self-contained garden flat. The north-facing garden flat has a small sunroom and dining alcove, separate bedroom, kitchen and bathroom. The flat offers a range of options, such as a teenage retreat, self-contained bliss for your parent, large home office, or leave it as an Airbnb and rental with good returns.

This character three-bedroom cottage, with cedar bay and french windows has been freshly painted and has new floor coverings. It is close to many of Canberra's top schools, restaurants at Kingston, Manuka, Griffith and Narrabundah, good bus services and all the parks and amenities of the inner south. The property is an excellent entry-level inner-south home with an additional self-contained flat, offering good income or flexibility and an investment in your future. This blank-canvas package offers 150 sq metres combined floorspace, which can be easily joined to make a larger home.

Property features:
.3-bedroom character home with a spacious self-contained, one-bedroom flat
.Flat earns $23-26k P.A (approx) Airbnb (which can be further maximised)
.Flat built 1970 (approx)
.Original home late-1950s construction
.Country kitchen
.Electric appliances + dishwashers
.Combined sitting and dining room with a fireplace
.Brushbox hardwood floor in the living area
.Reverse cycle heating/cooling units in the flat and house
.Efficient gas heating in the house (and additional fireplace/chimney area)
.Separate laundry in house (plus fittings/space for machine in flat bathroom)
.Separate toilets (x2)
.Two kitchens and bathrooms
.Colourbond fencing


Block size:
562 sqm

Property size:
Front (main) House: 97 sqm
Flat: 54 sqm

Unimproved Land Value:
$890,000 (2023)

Rates:
$4,767 P.A

Land tax (only if rented):
$8,779 P.A

Energy efficiency rating:

Year of construction:
1958

Comparable sales Price
3 Toolambi Street, Narrabundah $1,250,000
44 Nimbin Street, Narrabundah $1,235,000
138 Goyder Street, Narrabundah $1,220,000
8 Carnegie Crescent, Narrabundah $1,210,000
170 Goyder Street, Narrabundah $1,210,000
8 Mindarie Street, Narrabundah $1,190,000
74 Tallara Parkway, Narrabundah $1,170,000
4 McIntyre Street, Narrabundah $1,165,000
48 Euroka Street, Narrabundah $1,090,000
48 Wambool Street, Narrabundah $1,055,000
2 Nyrang Street, Narrabundah $1,050,000
6 Bungonia Street, Narrabundah $1,050,000
10 Warramoo Crescent, Narrabundah$1,043,000
25 Euroka Street, Narrabundah $1,040,000