38 Cox Street
Ainslie, ACT 2602

Overview

Heritage, Historical Potential

Discover this charming four-bedroom heritage home set on a spacious block of over 1500 square meters, offering numerous possibilities for the discerning buyer.

This property presents an excellent opportunity for redevelopment or expansion, potentially yielding significant financial returns. The uniquely designed residence caters to two tenants with separate entrances, providing strong rental income potential.

A block of this size in the area is a rare find and is expected to appreciate over time, making it an ideal choice for a young family seeking a peaceful home in a prime location.

The existing house is move-in ready and can be updated progressively, offering an attractive prospect for developers and homeowners alike.

Situated in the sought-after suburb of Ainslie, the property enjoys exceptional convenience and lifestyle benefits. Residents can easily walk or cycle to the city center, explore Mount Ainslie, or visit popular local amenities including Edgars pub, a bakery, the Pilot restaurant, and the well-known Ainslie IGA. Quality schools are also nearby.

Ainslie is renowned for its strong community spirit, attracting families, professionals, and socially conscious residents who foster a welcoming and inclusive environment. The excellent Ainslie shops draw visitors from across Canberra, yet they remain within walking distance of this home. The city, Mount Ainslie, Braddon, and other inner-city amenities are all easily accessible on foot.

Property details (approximate):

• Energy Efficiency Rating: 0.5
• Land size: 1,505 square meters
• Living area: 149 square meters
• Land rates: Approximately $8,081.65 per annum
• Land value: Approximately $1,440,000

Additional features include one off-street parking space and the property spans approximately 0.37 acres.

Location