23 Shumack Street, Weetangera ACT 2614

Enviably positioned within this prestige family friendly suburb, renowned for its safe neighbourhoods; quality public schooling: and broad streetscapes, this instantly impressive four bedroom + studio residence is a special offering, allowing opportunity to be leased or occupied as two dwellings.

Whether you're an investor seeking strong rental returns; in search of comfortable accommodation for extended or multi generational families amidst low maintenance gardens; or you're simply a buyer seeking ownership of a versatile, instantly impressive residence with capacity to also generate a strong rental return to help pay down your mortgage, this seems an offering commonly sought BUT rarely found.

For investors seeking opportunity for short term rental:
• Listing the entire property (5 bedroom, 2.5 bathrooms) could generate around $70,000 per year with a $380-$410 nightly rate at around 50% occupancy;
• Listing just the main house ( 4 bedroom, 1.5 bathroom could generate $59,000 per year with a nightly rate of $280-$305 and around 54% occupancy; and
• Listing the studio alone could generate $36,000 per year with a nightly rate of $130-$150 at around 65% occupancy.

To access short term Rental Appraisal from HOTEL YOUR HOME please click the link below:

https://drive.google.com/file/d/1lpK2Ec10FqCCoZCzR8qTegil1bDbxjfi/view?usp=sharing

For the owner occupier, its design features include:
• Versatile living spaces exude a sense of warmth and flowing space, showcasing timber flooring throughout;
• A seamless transition between indoors and outdoor terraces which extend out to picturesque leafy gardens to the front.
• An updated space efficient kitchen is the focal point of the home for day to day gathering and casual living.
• An adjoining studio offers scope for independent living for adult children or grandparents, or as a lavish segregated parents retreat.
• A rich palette of internal colours will compliment a variety of furnishings and enhance its already vast appeal.

A desirable 'lock and leave' lifestyle available - well positioned to the Belconnen Town Centre could now be as easy as owning and enjoying this one.... Two. Three(23) Shumack Street?!

* Year of original build: 1970
* Living: 149m2+ studio 53m2
* Block: 644m2
* Double glazed windows to front and living areas
* EER: 4.0
* Rates: TBC
* Body Corp: $451.75pq
* Unit Entitlement: 22%