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5 Derry Street, Monash ACT 2904

House
63214.0
Block size: 1301 m² approx.UV: $490,000 (2023)

*** SOLD PRIOR. AUCTION CANCELLED ***

*** SOLD PRIOR. AUCTION CANCELLED ***

Welcomed to the market is this rare and unique RZ2 block of land, offering two homes on one block. Nestled within the charming streets of Monash, number 5 presents an exceptional opportunity for those seeking a property with dual residences. This battleaxe property has ample potential for developers, investors, or large blended families.

The main residence is a spacious abode featuring four bedrooms, two bathrooms, a large open-plan living area, and a gorgeous spinner fireplace. This home is designed to cater to the needs of modern living. Additionally, the opportunity to install a driveway from the front entrance off Harricks Crescent.

Adjacent to the main house is the beautiful granny flat offering a cozy and self-contained living space featuring two bedrooms and a well-appointed bathroom, this secondary residence can be used for extended family members, guests, or potential rental income.

Opportunities like this are indeed rare within Tuggeranong, a large RZ2 land holding. Ideally suited for investors after long-term hold with a strong rental yield, developers who can see the future potential in redeveloping the site, families who perhaps want to live on one home and have rental income on the other, or multi-generational families with live-in family, the options are endless!

Features Include:
- Large 1301m2 block of land
- Unique RZ2 zoning
- Walk to Monash shops and local schools
- Battleaxe

Main Residence
- Single level residence
- Master bedroom with walk-in robe
- Three generous bedrooms with built-in robes
- Two bathrooms (main and ensuite)
- Separate powder room
- Freshly painted throughout
- New LED lights throughout
- Updated power points to kitchen
- Double garage with workshop/toolshed
- Ducted heating and cooling throughout (2 zones)
- Two generous living rooms both formal and informal dining
- Stunning high ceilings with timber features to formal living space
- Separate laundry
- Spinner fireplace with beautiful brick feature
- Spacious kitchen with quality appliances including Westinghouse gas cooktop, oven and LG dishwasher and stainless steel rangehood
- Vertical and block out blinds throughout
- Covered alfresco with ceiling fan
- Solar panels (1 x 3 phase 5kw & 1x1.5kw single phase)
- Rain water tank (14,000L)
- Single split system air conditioning (in living space off kitchen)
- Established gardens to façade

Residence 2 (Granny Flat)
- Built 2023
- Cubitt's granny flat
- Two generous bedrooms with built-in robes
- Generous bathroom with floor-to-ceiling tiles and single basin
- Designer kitchen with ample storage space and quality Omega appliances
- Generous living/dining space
- Large spacious laundry with powder room and ample storage
- Floating floorboards throughout
- Near new roller blinds throughout
- Single split system air conditioning
- Pergola off the entrance to granny flat
- Beautiful grassed area
- Single carport with workshop/toolshed

EER Residence 1: 4.0 stars
EER Residence 2: 6.0 stars
Block: 1301m2
Residence 1: 183.59m2
Residence 2: 70m2
Garage: 43.80m2
Carport & Shed: 45m2

Rates: $4,168.66 per annum approx.
Land Tax: $4,168.68 per annum approx. (only paid by investors)
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 Sharna Sinclair to learn more about this property, request an inspection or take an online tour.

Auction

Wednesday 27 March, 6:00pm
On site

Key details

Bedrooms:
6
Bathrooms:
3
Garage Spaces:
2
Carport spaces:
1
Property type:
House
Block Size:
1301 *
EER:
4
Unimproved Value:
$490,000 (2023)

Other Details

Block:
4
Section:
123
Rates (Residential):
$2,633*
Rates (Commercial):
$17,430*
Rates (Rural):
$911*
Land Tax (Residential):
$4,168*
Legal description:
TUGG/MONA/123/4
nbn® availability:
nbn® Fibre to the Node (FTTN)
*These are approximate values based on available information.
VERV Property

Maps and area information

Land Details
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Block information
Block 4 Section 123 Monash
Block size: 1301 (approx)
Unimproved value: $490,000 (2023)
Legal description: TUGG/MONA/123/4
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

Wanniassa School Junior CampusPrimary School
0.7km
Wanniassa School Senior CampusHigh School
1.7km
The Canberra HospitalHospital
6.9km
Erindale Shopping CentreMajor Shopping Centre
0.5km
Australian National UniversityUniversity
14.3km
Mackillop CollegeCollege
0.4km
Erindale Post OfficePost Office
0.6km
Canberra Institute Of TechnologyTafe
6.6km

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
26 Mar 2024
Sold at auction
VERV Property
Contract: 26/03/2024
Listed: 07/03/2024
Days on market: 19
Block size: 1301m²
Transfer type: Full transfer
15 Jan 2020
Sold
The Real Estate Shop Natalie Roberts
$705,000
Contract: 10/10/2019
Transfer: 15/01/2020
Listed: 14/08/2019
Days on market: 57
Block size: 1302m²
Transfer type: Full transfer
Purpose: Single residential dwelling

Monash suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
46 years
Population
5,644
Unimproved value for Monash
$490,000
Listing ID: 182355795. This listing has been viewed 2834 times. It was first displayed on 07/03/2024 and last updated on 09/04/2024.
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.