4 Davy Place, Macgregor ACT 2615

Property to be Auctioned on site Saturday December 5, with offers welcome prior

Relevant Recent Sales:
5 Griffiths Street, Holt $870,000
11 Beeston Street, Macgregor $840,000
2 Holland Street, Macgregor $818,300

Live in:

A single level four bedroom home at the end of a quiet cul de sac, with the charm of original polished timber floors throughout. The spacious living and dining area flows into a recently renovated kitchen, with ample bench space and modern appliances. Large windows frame beautiful views across the well maintained lawn and established gardens, where a recycled brick path leads to a fire pit.

The four bedrooms are versatile, with the fourth currently used as a dressing room with moveable cabinetry. The home is comfortably liveable as is, with a generous bathroom area that leaves room to renovate and make it your own over time.

Positioned between Kippax Fair, with Woolworths, Aldi, Lucky Shot Espresso Bar, the award winning Bunny Beans Cafe, and Kippax Curry House, and Charnwood Shops. Umbagong District Park and Ginninderra Creek are close by for scenic walks and the weekly parkrun, with a variety of public and private schools nearby.

• Single level four bedroom home at the end of a quiet cul de sac
• Original polished timber floors
• Spacious living and dining area
• Recently renovated kitchen with plenty of bench space, induction cooktop, dishwasher, and oven
• Plenty of windows overlooking the backyard
• Four versatile bedrooms, with the fourth currently used as a dressing room with moveable cabinetry
• Bathroom with separate shower room and separate toilet, updated fittings
• LG ducted reverse cycle air conditioner for heating and cooling, with updated switchboard
• Large covered pergola with laser light roof for entertaining

Develop:

For those looking further ahead, a small frontage opens out to a long 44m southern boundary on a 1,146sqm block, ideal for a single driveway access, with potential for four to five north facing townhouses on approximately 516sqm of buildable area at 45% site coverage. The ACT's Missing Middle reforms are now in place, and eligible developments receive a 50% reduction in the Lease Variation Charge, with development approval required before 30 June 2029, an indicative saving of around $115,000 on five dwellings. All subject to approval.

• 1,146sqm block with a small frontage and a long 44m southern boundary
• 45% site coverage allowing approximately 516sqm of buildable area (subject to approval)
• Potential for 4 to 5 north facing townhouses with single driveway access (subject to approval)
• Missing Middle reforms in place, with a 50% Lease Variation Charge reduction for eligible developments (DA approval before 30 June 2029, construction complete by 31 December 2030)
• Indicative Lease Variation Charge saving of around $115,000 on five dwellings
• Land size: 1,146sqm
• Living size: 117sqm, Carport: 28sqm, Alfresco: 39sqm
• Rates: $720pq
• Rental appraisal: $700pw - $750pw

Disclaimer: Whilst all care has been taken to ensure accuracy, the material and information contained within are approximate only and no warranty can be given. MARQ Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.