OFF MARKET

45 Mayo Street
Weetangera ACT 2614

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 1303m2
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Property Details for 45 Mayo St, Weetangera

45 Mayo St, Weetangera is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1972. The property has a land size of 1303m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1972
Land Size
1303m2
Local Government
Belconnen
Lot/Plan
WEETANGERA: Block 8, Section 17

Last Listing description (November 2022)

Inspections will be conducted by private appointment. The next private inspection can be booked between 1:00pm - 1:30pm on Tuesday 31st March. You must contact the agent to be allocated a specific time slot to inspect.
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Now this is value! At the end of a quiet cul de sac in sought-after Weetangera, this property consists of two homes on one huge block and is loaded with potential for investors, developers and savvy buyers.

Astute buyers will recognise the opportunity for this property to pay for itself over time. With two existing tenants, you can take your time planning your dream home while you rent out each home separately or live in one and rent out the other. Either way, there are returns from day one on offer here.

Close to schools, local shops and arterial roads, this block is a massive 1,303m2 and zoned RZ1. One home has three bedrooms, two bathrooms and a single garage while the second home has one bedroom, one bathroom and a single garage.

It's easy to see why Weetangera is so sought-after. Tree-lined streets, beautiful homes and a premium central location puts all of Canberra within easy reach. Belconnen Town Centre, Fresh Food Markets, University of Canberra, and Canberra City are all within a 15 minute drive, and it's mere moments to great outdoor spaces like the Arboretum, Molongolo Valley and Lake Ginninderra.

All that Weetangera has to offer means that the average house price stays well above the ACT average, making this property a strong option for buyers. With careful planning and approval, the full potential of this property can be leveraged by way of renovation or redevelopment.

This property is outstanding value! The potential to add value here is enormous so contact Stephen Bunday or Andrew Browne, to register your interest before it's too late!

At a glance...
- Two dwellings on one title
- 1 x 3 bedroom, 2 bath, 2 carports tenant pays $310/wk
- 1 x 1 bedroom, 1 bath, 1 carport tenant pays $240/wk
- Electric cooking
- 1,303m2 block
- Zoned RZ1
- Quiet cul-de-sac

Lifestyle features...
- Walking distance to parks, schools and shops
- Renowned restaurant 'Lahori Gate' at nearby Weetangera shops
- Westfield Belconnen, 7 minute drive
- Lake Ginninderra Dog Park, 10 minute drive
- Stromlo Forest Park, 14 minute drive
- Canberra CBD, 12 minute drive
- Close to The Pinnacle Nature Reserve

Rates: $3,868
Land tax: $6,158
UV: $613,000

Property Type: Dual Occupancy
EER: 0.0
Block size: 1,303m2
Car spaces: Single garage each

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Property History for 45 Mayo St, Weetangera, ACT 2614

A timeline of how this property has performed in the market
Last Sold
$760,000
05 Jun 2020
  • 28 Aug 2020
    Listed for Sale Sold
  • 04 Aug 2020
    Listed for Sale Sold
  • 05 Jun 2020
    Sold for $760,000
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About Weetangera 2614

The size of Weetangera is approximately 1.6 square kilometres. It has 7 parks covering nearly 7.7% of total area. The population of Weetangera in 2011 was 2,609 people. By 2016 the population was 2,571 showing a population decline of 1.5% in the area during that time. The predominant age group in Weetangera is 40-49 years. Households in Weetangera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Weetangera work in a professional occupation. In 2011, 84.1% of the homes in Weetangera were owner-occupied compared with 83.4% in 2016.

Weetangera has 1,076 properties. Over the last 5 years, Houses in Weetangera have seen a 43.56% increase in median value, while Units have seen a 49.05% increase. As at 30 November 2024:

  • The median value for Houses in Weetangera is $1,310,524 while the median value for Units is $830,031.
  • Houses have a median rent of $730 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and no properties listed for rent in Weetangera on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Weetangera.

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