2 Stephen Street

Ainslie ACT 2602

Proudly sitting on a 1,038m block, this charming red-brick cottage offers a golden opportunity to secure a piece of the highly desirable suburb of Ainslie.Stepping inside, you're welcomed by a home that has been part of the Ainslie landscape for generations. Original timber doors, trims and windows add to the warmth, history and charm of the property. The existing floorplan offers a central lounge room, three sun-filled bedrooms with leafy outlooks, a practical kitchen and dining space, and a central bathroom with a separate toilet.Completing the package is a separately converted garage, thoughtfully transformed into a spacious studio with its own bathroom, complemented by an undercover carport for added convenience. Outside, the expansive backyard is where the property's potential really shines. With RZ1 zoning (subject to the necessary approvals), the block offers the possibility of up to two dwellings, while those looking for something more personal could explore a granny flat or substantial extension. If you would like to explore your options, BlockPlanner can help.If development isn't on your radar, there is still plenty to love as it stands, with generous space for children to play, gardens to grow and family and friends to gather!And then there's the location. Just moments from Ainslie shops for your everyday needs and close to North Ainslie Primary School and Ainslie School. For adventure enthusiasts - Mount Ainslie nature reserve and its network of walking trails are close by. Whilst the cafs, restaurants and energy of Braddon, Canberra City and the wider inner north are all just minutes away.Property Features: Charming red brick cottage Expansive block with established front gardens RZ1 may suit up to 2 dwellings (subject to approval) Three light filled bedrooms with leafy outlooks Central lounge room at the heart of the home Practical kitchen and dining space with direct access out to the backyard Laundry room with direct access out to the backyard Separate toilet Standalone studio with a secondary bathroom and undercover car space Reverse cycle heating and cooling for year round comfort Large water tank for household efficiencyLocation: 300m from Ainslie Shops 450m from Wakefield Gardens 4 minute drive to Dickson Shops 800m walk and 2 minute drive to North Ainslie Primary School 5 minute drive to Ainslie School 5 minute drive to Lonsdale Street - Braddon's vibrant precinct 900m walk to Mount Ainslie walking and biking trailsThe Numbers: Living: 80m approx. Garage: 17m approx. Carport: 23.6m approx. Block Size: 1,038m approx. Build Year: 1940 EER: 1 Stars Land Value: $1,160,000 (2025) Rates: $1735 per quarter approx. Rental Estimate: $800 - $830 per week. Disclaimer: The material and information contained within this marketing is for general information purposes only. The Property Collective does not accept responsibility and disclaims 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