81 Hopetoun Circuit, Yarralumla ACT 2600

Opportunities such as this are seldom available, extending over three storey's and masterfully crafted in its day, 81 Hopetoun Circuit provides a wonderful canvas for further improvements and extension work to compliment the 948m2 Inner South parcel of land. The existing residence was purpose built to be and remains a wonderful dual income property, updating over recent years now provides 2 bedrooms, an updated kitchen and bathroom, sizable living space and separate toilet on each living level. The fantastic separate tenants on each level share a 3rd lower ground level which provides 2 vehicle covered accommodation and expansive dry storage space. This 3rd level has external windows and access to plumbing and if the house is to be retained will likely have its opportunity realised by the savvy new owner. Alternatively, there is development approved plans in place for the removal of the poorly positioned trees and the construction of a large executive residence of approximately 500m2, these plans are available upon request. However, if you were looking for a prized block to design and construct your dream home, as you are not increasing the density of the block your own DA should be achieved in under a couple of months whilst enjoying the strong rent return. The comparatively sizable block offers further design features than just its land holding; the longest boundary to one side is ideally due north- an important consideration when choosing the right block. Further to this, the block relishes an elevated position unveiling awe-inspiring views to Black Mountain and surrounding mountain ranges.Located within a close proximity to Canberra's finest private and public schooling as well as Burley Griffin's lakeside attractions, the Parliamentary Triangle, Royal Canberra Golf Club, Weston Park, ANU, 900m to Yarralumla Shops and moments to Canberra's CBD. Offers prior to auction are welcomed.