136 Dryandra Street
O'Connor, ACT 2602

Overview

136 Dryandra Street, O'Connor

This well-maintained property in the sought-after suburb of O'Connor offers a unique opportunity for buyers seeking flexibility and potential in Canberra's Inner North. The residence has been held by the same owners for over a decade, reflecting its desirability and the care invested in the home. Situated on a substantial land parcel of approximately 2,170 square meters, the property provides ample space for a variety of future plans, whether that be renovating the existing home, reimagining the site with a new build, or pursuing redevelopment options subject to council approval.

The existing home features three bedrooms, providing comfortable living accommodation suitable for families or those looking for rental income. The layout includes a separate lounge, kitchen, and meals area that opens onto an elevated rear deck, ideal for entertaining or enjoying the serene surroundings. Complementing the main residence is an approved freestanding studio, offering additional versatility for creative pursuits, work-from-home arrangements, or guest accommodation.

The generous block is enhanced by established gardens and landscaping, contributing to the property's appeal and providing excellent scope for future enhancement. Located in a quiet, tree-lined street, the home is surrounded by high-quality residences, underscoring the blue-chip nature of this Inner North location.

Residents benefit from proximity to key amenities and infrastructure, including four primary schools and two secondary schools within a three-kilometer radius, all accessible within minutes. The Australian National University is just a five-minute drive away, while the Canberra CBD is approximately 4.5 kilometers from the property, with convenient access to major roads and public transport routes.

The site also presents an exciting prospect for buyers interested in the proposed Missing Middle Housing Planning Reform, which could unlock additional density potential and long-term value, subject to council approval. This flexibility makes the property suitable for a range of buyers, from those seeking an immediate family home to investors or developers looking to capitalize on future planning opportunities.

• Substantial landholding of approximately 2,170 square meters in a highly desirable street
• Flexible options to renovate, build a premium single residence, or explore redevelopment potential (STCA)
• Existing three-bedroom home offering immediate liveability or rental income
• Separate lounge, kitchen, and meals area opening to an elevated rear deck
• Approved freestanding studio providing additional space for work or creative use
• Generous block with established gardens and scope for enhancement
• Located in a quiet, tree-lined street surrounded by quality homes
• Close to multiple schools and educational facilities
• Convenient access to The Australian National University and Canberra CBD
• Potential unlocked by proposed planning reforms for increased density (STCA)

Additional details include an Energy Efficiency Rating (EER) of 0.5, council rates approximately $9,034 per annum, and a unimproved capital value (UCV) of $1,630,000 as of 2025. This property represents a rare and valuable opportunity to secure a significant landholding in one of Canberra's most tightly held suburbs, offering both immediate benefits and exciting future possibilities.

Prospective buyers are encouraged to conduct their own enquiries to verify all details and explore the full potential of this exceptional offering.

Location