46 Nimbin Street, Narrabundah ACT 2604

Do you think the Inner South is financially out of your reach? Think again - and keep reading. Google shows it is 5 minutes in a car, 30 minute walk, or 10 minute cycle from 46 Nimbin Street to Manuka shops and restaurants.
On offer is an entry level three bedroom home, only 250m from Narrabundah shops. In real estate speak, the home is a little tired and certainly would suit someone wanting to do more than just a cushion make-over. However, as it is, you can live in it now, or have a tenant renting from you while you design your own home for the site.

Narrabundah has an eclectic mix of homes and offers a huge price variation - with the benefit of the suburb also having achieved fourteen $1,000,000 plus sales over the last year. If diversity of housing styles and capital growth is what you are after, then Narrabundah is for you.

This street already has a Sekisui house being built just a few houses away, another has already been knocked down and re-built, and others are being progressively renovated. Dial forward 10 years and this street has every possibility of looking very different to what you see today.

It would be difficult to over capitalise and all the green space you need is just behind the back fence.

At the end of the street, the local tennis courts are available or potter in the community gardens. Walk to Fyshwick markets for all things fresh or take a relaxing ride to Lake Burley Griffin and don't worry about paying for parking in the City or the Parliamentary Triangle.

Manuka, Kingston Foreshore and the Parliamentary Triangle are all within easy reach and neighbouring suburbs of Griffith, Forrest and Red Hill confirm the excellent value that Narrabundah offers.

Features Include:
Entry level three bedroom home
North facing verandah out from living areas
Lounge area and separate dining room
Original kitchen with electric stove
Bathroom with separate bath and separate shower
Skylight in bathroom
Three bedrooms
Separate Laundry
New fencing
Direct access to reserve
New homes being built in the street
Tennis Courts and Community Gardens at end of the street
Close to Civic and Parliamentary Triangle
Transport routes easily accessible

EER: 2.0
Land Value: $387,000
Land Size: 363m2
Land Rates: 2372 pa
Land Tax: (only payable if rented) $3746