25 Banner Street

O'Connor ACT 2602

Yes, it sits outside the O'Connor heritage precinct, meaning the 50% plot ratio rule prevails and provides approx. 445sqm of the building footprint opportunity.

Yes, the block is essentially level requiring no major site works.

Unlike many blocks in the Inner North, the easements (only stormwater) run within the 3-meter southern/side setback and the 3-meter rear setback.

Knockdown and start afresh, or extend; either way, this large 891sqm block with its perfect natural aspect, uncomplicated easement and planning requirements should be atop your inspection list.

Need inspiration for your extension options, the team at https://www.fixedpriceextensions.com.au/ are the perfect place to start.

Pre-auction offers are not an option due to the circumstances of the sale, a price guide will be provided within ten days of the commencement of marketing.

For interstate owners unaware of the benefits that O'Connor offers, a quick google map search will confirm the credentials of the location. Riding or walking distance to the Australian National University, as well as a multitude of highly regarded primary and secondary schools.

The suburb is positioned ideally on the city's doorstep. Its location sits near an array of nature tracks links Black Mountain and the Botanical Gardens.

Auction conditions:

We want our auctions to be as stress-free as possible and for everyone to have a fair and reasonable opportunity to bid and own this property.
The auction will be held onsite on Saturday 16th of July at 4 pm. We offer vacant possession on up to 60-calendar-day settlement terms. The owners would offer a 3-month rent back at $700 per week. You can provide a $1,000 deposit at the auction with 10% risk, and 5% will be transferred within three working days if you are successful. Deposit bonds are accepted on the basis that 10% is at risk. We prefer a fair auction with everyone getting a reasonable chance to own. This is why we have opted not to sell pre-auction. Price guides and provisional reserves will be provided at 7-10 campaigns after speaking to buyers. Open Fridays and Sundays If you have any questions about this auction, please get in touch with exclusive agent Frank Walmsley on mobile 0400 446 605