42 Canberra Street

Rarely do we see a landholding of this caliber hit the market. This solid, older-style residence sits proudly on an expansive corner allotment, offering dual-street frontage and the kind of versatility that developers and savvy investors dream of. Step back in time and appreciate the craftsmanship of a bygone era. This home has "good bones" and a soul that's hard to find in modern builds. The home features three bedrooms, a front enclosed veranda, bathroom with shower recess and toilet. The laminate kitchen is located at the back of the property and still features the original stove recess. An external laundry and storeroom are located just outside the backdoor. An older zinc alum shed and lawn locker are located in the back yard. An extra feature of the home is the all ability front entrance with a ramp to the front door. The home is light and breezy with its original timber casements and louvres. This home is currently rented and has had a stable rental history over the last few years. If you are a lover of older homes this one is waiting to be returned to its former glory. The real magic lies in the dual-access corner block. Subdivision Potential: The wide frontages make this an ideal candidate for a multi-dwelling project (STCA). Ease of Access: Two street entries simplify construction logistics and maximize the layout of future builds. The property is located within walking distance to Ayr's CBD, Ayr State High School and Perform Music School. Across the road you will find a Fish and Chip Shop and Corner Store making this property an ideal location for any future development. They aren't making any more land-especially not on the corner. Whether you choose to restore this classic beauty to its former glory, rent it out while you bank the land, or redevelop and reap the rewards, one thing is certain: this is a strategic acquisition you won't regret. (Property is tenanted, 48 hours notice required)