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40 Shumack Street, Weetangera ACT 2614

House
4221.0
Block size: 1416 m² approx.House size: 189 m² approx.UV: $1,000,000 (2023)
Can I afford this property?

A Rare and Exciting Opportunity


Plan for your future with this well-maintained, updated home in a quiet, convenient location close to schools and shops. Occupying a landscaped 1,416m2 (approx.) block, this home offers spacious family living inside and out with the added bonus of redevelopment potential.

The floorplan provides an abundance of room for the family to spread out with a large formal lounge and dining area, a combined family room and kitchen area, and a separate flexible rumpus room/office/media room/sunroom. Accommodation comprises four bedrooms with built-in robes - the large main bedroom with a private ensuite, a fully-tiled family bathroom with bath and shower, and a separate toilet.

Beautifully presented and well maintained, the kitchen, bathroom, ensuite, and laundry were all updated in 2015, so you have absolutely no work to do but move in and start enjoying your new home. Features include a modern stone-topped kitchen with breakfast bar, plenty of storage and stainless-steel appliances, ducted gas heating, plus Daikin inverter reverse cycle air conditioning, large floor-to-ceiling windows to let in the light, broadband, Foxtel, and two 9,000 litre (approx) gravity-fed water tanks for the gardens.

The huge yard has ample room for kids and pets to play, veggie gardens, and space to put in a pool with room to spare. The extra large artificial turf makes it ultra-low-maintenance, so you can spend your Sunday mornings enjoying a long brunch on the concrete terrace or large raised deck instead of mowing the lawn.

There's plenty of parking for family and guests, with a single lock-up garage with remote and internal access, an extra-height carport with drive-through access to the yard and room to fit a van or caravan, plus a gravelled area for off-street parking for additional vehicles.

Tucked well back from the wide road behind established gardens, this home is just moment's walk to busses, Weetangera shops, and playing fields. Only one street to cross to get to Weetangera Primary School and Weetangera Pre-School. Kids can walk to St Matthews Catholic Primary School via underpass without having to cross a single street. Walking distance to Hawker shops and Belconnen High School. Nearby arterial roads provide easy access to Westfield and Belconnen town Centre, Canberra City, and surrounds.

Situated in an RZ2 core area and with a block size of 1,416m2 (approx.), this property offers a range of exciting options. Potential options include:
* enjoy as is,
* build a second dwelling, or redevelop
* knock down the existing home and start over and build 2, or 3, or 4 new dwellings.
The Lease variation fee to permit up to 4 dwellings has already been paid (currently, the lease variation fee is around $40,000 per unit), and new lease has been issued. The current lease permits UP TO 4 dwellings. Government fees and charges rarely ever decrease, so whether you choose to build one, two, three or four units either now or later, the lease variation fee being already paid is a great bonus towards your future options. One of a very small number of undeveloped RZ2 blocks over 1400m2 remaining in Weetangera.

This lovely home offers spacious, comfortable living in a quiet, convenient location with lots of future potential for the buyer with a vision.

Features -

• Spacious, updated home on a large block
• 4 bedrooms with BIR + 2 bathrooms + WC
• Formal lounge & dining + family room + sunroom
• Modern galley kitchen, breakfast bar, dishwasher
• Ducted gas heating, s/s air-con, broadband, Foxtel
• Concrete terrace + balcony + private front verandah
• Large, fully fenced yard with extra large low-maintenance turf pitch
• Crimsafe entry, keyed window locks on all windows.
• Neat, established gardens + 2 x 9,000ltr (approx) water tanks
• SLUG with internal access + high carport with rear yard access + additional off-street parking for multiple vehicles.
• Walk to schools, parks, shops, bakeries, restaurants and transport
• Walk to Weetangera Primary School, Weetangera Pre-School, St Matthews Primary School, and Belconnen High School.
• Minutes drive to Belconnen Westfield and town centre, the newly redeveloped Belconnen Food Markets, University of Canberra, Radford College, Canberra Institute of Technology, 2 x Hospitals, Australian Institute of Sport, and Bruce Stadium
• Nearby arterial roads provide easy connectivity to other town centres, the city and Australian National University.
• RZ2 zoning, paid lease variation for 4 dwellings with further options
• Large home, liveable as is, huge block, redevelopment potential
• Must be sold.
nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Home Fast

Inspections

No open inspections scheduled.

Send an enquiry

Contact Treston Bamber to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
1416 *
House Size:
189 *
EER:
1
Unimproved Value:
$1,000,000 (2023)

Other Details

Block:
16
Section:
7
Rates (Residential):
$5,571*
Rates (Commercial):
$47,640*
Rates (Rural):
$1,380*
Land Tax (Residential):
$10,458*
Legal description:
BELC/WEET/7/16
nbn® availability:
nbn® Fibre to the Node (FTTN)
*These are approximate values based on available information.
Ray White Canberra

Maps and area information

Land Details
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Block information
Block 16 Section 7 Weetangera
Block size: 1416 (approx)
Unimproved value: $1,000,000 (2023)
Legal description: BELC/WEET/7/16
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Weetangera PrimaryPrimary School
0.5km
Belconnen High SchoolHigh School
0.9km
Calvary Private HospitalHospital
3.6km
Belconnen MallMajor Shopping Centre
1.8km
University Of CanberraUniversity
3.4km
Hawker CollegeCollege
1.6km
Hawker Post OfficePost Office
0.7km
Aust. Defence AcademyTafe
11.2km

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
21 Feb 2024
Sold
Ray White Canberra
Contract: 21/02/2024
Listed: 02/11/2023
Days on market: 111
Block size: 1416m²
Transfer type: Full transfer
19 May 2009
Sold
Peter Blackshaw Real Estate Belconnen
$622,500
Contract: 28/02/2009
Transfer: 19/05/2009
Listed: 06/02/2009
Days on market: 22
Block size: 1422m²
Transfer type: Full transfer
Purpose: Single residential dwelling
08 Mar 1995
Sold
$185,000
Contract: 10/02/1995
Transfer: 08/03/1995
Block size: 1422m²
Transfer type: Full transfer
Purpose: Single residential dwelling

Weetangera suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
43 years
Population
2,795
Unimproved value for Weetangera
$1,000,000
Listing ID: 182053231. This listing has been viewed 4200 times. It was first displayed on 11/01/2024 and last updated on 22/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.