256 Dryandra Street

Positioned directly opposite the open green expanse of O'Connor Ridge, this is a rare opportunity to secure a substantial 813sqm rectangular parcel in one of the Inner North's most tightly held and sought-after streets. With uninterrupted outlooks, a leafy streetscape and immediate access to walking and cycling trails, the setting alone makes a compelling case for those looking to rebuild or create a bespoke architectural home (STCA). The existing residence provides comfortable, well-maintained living, allowing buyers to landbank, lease or plan their next move while capitalising on a truly blue-chip position. The current home offers a practical single-level layout with separate living and dining, timber flooring throughout and a functional kitchen featuring modern cabinetry, dual-fuel cooking and a dishwasher. Three well-proportioned bedrooms, all with built-in robes, are serviced by an updated bathroom with full-size bath, separate shower and a separate toilet. Outdoors, the expansive backyard offers privacy and space, complete with established gardens, vegetable beds and multiple sheds including a larger workshop or garage. Currently leased with a strong return, this is an opportunity that balances immediate income with long-term upside in a location that continues to outperform. * Blue-chip 813sqm rectangular block directly opposite O'Connor Ridge * Exceptional opportunity to rebuild, extend or create a bespoke residence (STCA) * Elevated position with uninterrupted green outlooks and direct access to trails * Well-maintained three-bedroom home with built-in robes and practical single-level layout * Updated kitchen with modern cabinetry, dual-fuel cooking and dishwasher * Renovated bathroom with full-size bath, separate shower and separate toilet * Timber flooring throughout and new ducted heating system * Expansive backyard with established gardens, vegetable beds and multiple sheds/workshop * Currently leased with strong rental return, offering immediate income * Walk to O'Connor shops, cafés, schools and parkland, with easy access to ANU and the CBD Land Size: 813sqm Living Size: 93sqm EER: 1.5 Rates: $6,895pa (approx.) Land tax: $14,840pa (approx.) UCV: $1,230,000 Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. Please note that some images used across Belle Property listings may include digital enhancement for presentation purposes. Buyers are encouraged to refer to the advertising copy or speak with the listing agent for further clarification where required. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.