8 Cambridge St, Cook ACT 2614, Australia

Set on an expansive corner block, only a short walk from the popular Cook shops, this three bedroom, two bathroom home is a rare find for savvy investors and creative buyers.

Built as a two bedroom plus one bedroom duplex, the home has an outstanding history of high rental returns, low vacancies and solid capital growth. Expect a return of $750 per week, or even more with a refresh inside and out.

Buyers with an eye for potential will see the endless possibilities on offer – live in one side and rent the other, or open up the home into a three bedroom, two bathroom property with approx 119sqm of living space. Although the home is ready for immediate occupation, there is ample scope to add your own tastes, touches and renovations, to make the home more liveable and to value-add to your investment.

The block is amazing – a flat 925sqm with no significant trees means you can explore the options of a more major project – knock down and build your dream home, or utilise the corner aspect for a potential second dwelling (STCA). Or just enjoy the space and privacy that Cook homes are renowned for.

Visit today and you will see for yourself what a wonderful location this is. Just a short stroll to the rejuvenated Cook shops, the perfect destination to meet up with friends and family for a bite to eat or a weekend coffee. Easy access to bike paths, playgrounds and nature reserves, and a short drive to so many of North Canberra’s major facilities, including the Jamison Plaza, University of Canberra, ANU, Bruce Stadium, Calvary Hospital and Westfield Belconnen.

Summary:

3 bedroom home – currently set up as a 2 bedroom plus one bedroom duplex

Sound original condition throughout

Covered car accommodation for each home

Loads of potential to refresh and renovate

Flat 925 sqm block allows for future extensions and knock down – rebuild opportunities

Walking distance to Cook shops

Easy access to all of North Canberra’s major facilities