39 Bailey Place
Yarralumla, ACT 2600

Positioned just one street back from the lake, this beautifully presented two-storey duplex offers a lifestyle of space and timeless character in an unbeatable setting. Built in 1958 with solid construction and enduring charm, this character Canberra cottage is situated on a generous 565 square meter block and provides 150 square meters of comfortable living space.

The upper level features three spacious bedrooms and a well-appointed bathroom, while the lower level offers two separate living areas and a dedicated dining space. The modern kitchen is thoughtfully designed and connects seamlessly to a 25 square meter covered and enclosed entertaining deck, perfect for year-round gatherings, which flows out to a private, leafy backyard.

Enjoy a sunny northerly rear aspect with a striking outlook, creating a light-filled and inviting atmosphere throughout the home. This property combines simplicity, space, and style in a tightly held lakeside pocket, delivering exceptional comfort and convenience with year-round climate control and a functional floor plan ideal for families or professionals alike.

This is a rare opportunity to secure a charming home in a premium location just moments from the lake, offering privacy, views, and lifestyle at your doorstep.

Rental appraisal estimates a weekly return between $850 and $880.

Features include:

• Three bedrooms located upstairs
• One bathroom upstairs plus a separate toilet/powder room downstairs
• Two generous living areas providing ample space for relaxation and entertainment
• A well-appointed kitchen designed for functionality and ease of use
• A 25 square meter covered and enclosed entertaining deck ideal for gatherings throughout the year
• Private, easy-care gardens that require minimal maintenance
• A single garage plus an additional carport for parking convenience
• Four reverse-cycle split systems ensuring comfort in all seasons
• Ducted gas heating for efficient warmth
• Gas hot water system
• Gas cooktop and mains gas connection to BBQ and deck for outdoor cooking
• A large 6,500+ litre rainwater tank supporting sustainable water use

Specifications of the property include an Energy Efficiency Rating (EER) of 2.5, a land size of 565 square meters, a living area of 151 square meters, a 25 square meter deck, a 20 square meter garage, and a 29 square meter carport. The land value is assessed at $1,600,000 with annual rates of $7,476 and land tax of $16,484 if rented out. The property was constructed in 1958, reflecting its solid and enduring build quality.