7 Ingleside Rd, Karabar is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 974m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Karabar in the last 12 months.
A wonderful opportunity presents itself with this 974m2 block providing an established comfortable 2-bedroom home due for an upgrade!
The opportunity presents the potential of building 2 dwellings as a dual occupation.
There are several ways you may make use of this fantastic opportunity:
1. As a knock-down rebuild with a new 4 bedroom home; and leave room for a backyard for the kids to play in. Keep the metal garage as a workshop or additional garage.
Or;
2. Rent out the existing home while your D.A. is approved, then knock down and rebuild your new home (with the option of an additional granny flat).
Or;
3. You may live in the existing home while you build the rear granny flat - then move in once completed. The existing home then could be knocked down and re-build a larger main dwelling. This would suit a couple looking to live in the main residence while mum and dad live in the granny flat!
Or;
4. Alternatively, as a knockdown rebuild dual occ, live in the main home and rent out the rear home to help pay the mortgage, making it an astute investment for the future. Whatever your plans are, they will be subject to QPRC council approval.
The possibilities and the location are convenient and worthy of an inspection.
(Minimal excavation required compared to sloped blocks)
The property is conveniently located within:
300 meters to the Donald Road Mini Mart and coffee shop
800 meters to the Metro Service Station and Mini Mart
1.8 Klms to Queanbeyan's Riverside Plaza
2.0 Klms to the Karabar Shopping Centre
2 Bedroom home attached garage
Separate metal garage/workshop
974m2 large block
Rates: $4,018 per annum
The size of Karabar is approximately 7 square kilometres. It has 12 parks covering nearly 8.9% of total area. The population of Karabar in 2011 was 8,600 people. By 2016 the population was 8,247 showing a population decline of 4.1% in the area during that time. The predominant age group in Karabar is 40-49 years. Households in Karabar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karabar work in a clerical occupation. In 2011, 66.6% of the homes in Karabar were owner-occupied compared with 67% in 2016.
Karabar has 3,733 properties. Over the last 5 years, Houses in Karabar have seen a 50.85% increase in median value, while Units have seen a 47.60% increase. As at 31 October 2024:
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