5 Fairfax St, O'Connor is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 1137m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
*By Appointment Only, Contact Agent to Book*
Welcomed to the market is this rare and unique 1137m block of land, offering three homes on one block. Nestled within the charming streets of O'Connor, number 5 presents an exceptional opportunity for those seeking a property with triple income. This gorgeously appointed property has ample potential for investors or large blended families.
The main residence is a spacious abode featuring three bedrooms and a one-bathroom layout with an open kitchen and dining area, completed by a separate living space and double carport.
Adjacent to the main house are two self-contained units, each comprising one bedroom, a kitchen and a comfortable living area.
Opportunities like these are indeed rare within the Inner North, a large 1137m block of land holding three separate residents. Ideally suited for developers, builders, investors after a long-term hold with a generous rental yield or families who perhaps want to live in one home and have a rental income on the others, the options are endless!
Nestled near the renowned O'Connor shops and preschool, and conveniently close to Calvary Hospital and Radford College, this location embodies convenience. With the CBD, ANU, and light rail just minutes away, residents enjoy an enviable lifestyle.
Features:
Total land size of 1,137m (approx.)
Three separate residences on one block
Double brick (main house)
Main residence features three-bedrooms
Functional original kitchen with gas cooktop
Large backyard
2 Self-contained units, each comprising one bedroom, a kitchen, and a living area
Potential to create your dream lifestyle (subject to approval)
Prime location in the Inner-North
Close to schools, shops, the City Centre and recreation space
Ease of access to transport links and arterial roads
EER: 0.5 Stars
Year Built (main house): 1961
Living: 119.84m approx.
Carport: 26.50m approx.
Rental estimate: $750 per week (main property)
Studio 1 Rental estimate: $300 per week
Studio 2 Rental estimate: $280 per week
Rates: $5,437.56 per annum approx.
Land Tax: $7,006.90 per annum approx. (if leased)
Land Value: $1,104,000 (2023)
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