5 Downey Street

Karabar NSW 2620

Rates: $3,588 per annum (approx)Block size: 631m2 (approx)House Built: Circa 1963 (approx)In the heart of one of Queanbeyan's most rapidly improving pockets lies a home brimming with potential.5 Downey Street offers a two-bedroom residence with a detached studio, a double garage plus carport, and sits proudly on a generous 631 m block - plenty of room to extend, landscape or simply enjoy the space.A Canvas for Your Vision. The home is honest, neat, and ready to live in, yet it welcomes a fresh vision. Like several neighbours who have transformed their homes along Downey Street, buyers here can see the immediate rewards of thoughtful upgrades and modern touches. A little TLC will unlock serious equity and elevate this property into something truly special.Bonus Detached Studio. Whether you need a dedicated work-from-home space, art studio, teenage retreat or guest accommodation, the detached studio expands your lifestyle options well beyond the standard two-bedroom layout.Appeal to First-Home Buyers. For first-time purchasers, this address is more than just a house it's an opportunity to enter the market with room to grow. Eligible buyers can take advantage of State and Federal Government grants and invest those savings into improvements that suit their own style.Key features: 2 bedrooms, 1 bathroom Separate detached studio Carport plus double garage ideal for trades, storage, or hobby space Large 631 m allotment with scope for future extensions or landscaping Established street where neighbouring homes showcase inspiring renovations A short drive to Queanbeyan CBD, schools, shops, and transportWhy 5 Downey Street. This is a home that rewards imagination. For those who love the idea of buying in an established community and shaping a property to their own taste, it's an unmissable opportunity. Homes on generous blocks with bonus studio spaces rarely appear at this price point and when they do, they move fast.For more information or to arrange a viewing, contact Adam Jackson on 0437 226 740 or email a.jackson@mcnamee.com.auDisclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.