Central Canberra's crown jewel: Magnificent 7-bedroom Mediterranean residence

If you have a dream, this house has the space.

The stately home at 20 Coranderrk Street in Reid is spread across two self-contained levels.

This includes seven bedrooms, three bathrooms, two kitchens, two laundries and eight car spaces.

You could run your own business, rent out one floor or invite the whole family to move in.

By negotiation

20 Coranderrk Street, Reid ACT 2612

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Agent Louise Harget of Blackshaw Manuka describes the property as grand in proportion yet warm in feel.

Inspired by the elegance of a Mediterranean palace, it’s all ochre-toned walls, oversized archways, rich timber floors and intricately patterned tiles.

Established trees and landscaped gardens are complemented by abundant open space on a large block that’s ripe for new ideas.

The location will appeal, too, as it’s directly across from the heritage beauty of Glebe Park and just a short, leafy stroll from the CBD.

Primary and high schools, as well as the Australian National University, are also within walking distance.

“This architect-designed residence is a rare inner-city offering of scale, presence and versatility,” Harget says.