522 Northbourne Avenue, Downer.

With current rezoning discussions already underway (STCA), Northbourne Lodge offers an exceptional redevelopment or future-proofing opportunity in one of Canberra's most strategically connected corridors. Sitting along the high-exposure Northbourne Avenue spine-moments from light rail, local shops, cafés and major employment hubs-the property holds significant long-term potential for investors or developers seeking scale, position and upside. Importantly, this opportunity is underpinned by a strong and reliable income stream, with the residence currently operating as a quality rental asset delivering impressive returns. Set across two spacious levels, the home comprises seven bedrooms with own bathrooms, as well as an 8th bedroom or storage room, ideal for ongoing rental or multi-occupancy arrangements. Multiple communal zones enhance functionality, with separate living, dining and sitting areas supported by a central kitchen and leafy established grounds. Extensive off-street parking for up to seven vehicles further elevates appeal for occupants or visitors. Whether strategically land-banked, held as a high-yield performer, or transformed into a substantial future project, Northbourne Lodge presents a rare and compelling proposition in one of the inner north's most connected locations. * Outstanding redevelopment or future-proofing opportunity (STCA) in a prime inner-north corridor, with rezoning discussions already underway * Ideally positioned along the high-exposure Northbourne Avenue spine, moments from light rail, cafés, local shops and major employment hubs * Strong existing income underpinned by a quality multi-room rental asset, offering excellent holding returns while future plans progress * Seven ensuited bedrooms across two spacious levels, as well as an additional 8th bedroom/storage room, suited to either rental or multi-occupancy arrangements * Multiple communal living zones-including separate living, dining and sitting areas-supported by a central kitchen and established, low-maintenance grounds * Extensive off-street parking for up to seven vehicles on an 831sqm block, with approx. 260sqm of internal living space Land Size: 831sqm Living Size: 260sqm EER: 0.5 Rates: $3,776pa (approx.) Land Tax: $7,271pa (approx.) UCV: $595,000 (2025) Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.