8 Lane Place Spence

ACT 2615
Sold on 9th December 2022 Sold $750,000
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About this property

End of the cul de sac and fully renovated in an RZ2 zone

A home that purely and simply makes you happy. That's what you'll find at 8 Lane Place in Spence. Waking up inside its airbrushed finishes and airy, light-filled rooms will without a doubt put a smile on your dial every day. As will watching your kids play in the spacious backyard – a significant difference and value-add from the townhouse or apartment you could be transitioning from.

With the space available, there's no reason why you shouldn't buy that four-legged friend you've been thinking about for the last couple of years, but haven't quite had the backyard to justify. Plus, you can finally have family and friends around for weekend barbeques under the covered alfresco entertaining area, and host your kids' birthday parties at home, rather than in the local park or a private hire venue.

Parking is no issue with the driveway able to accommodate an additional 2-3 vehicles and even more parking available on the nature strip across the road, given the home's positioned at the end of a quiet cul de sac meaning no through traffic. That being said, it's also an opportune place to host a game of backyard cricket…out front.

Inside the home has received extensive renovations, ensuring it meets your contemporary living needs. Not only does it look chic and stylish, but it also has all the trimmings that make it such an easy place to live. Note the mirrored storage robes in every bedroom, a large kitchen with stone benchtops and modern appliances, ducted reverse cycle air-conditioning and an elegant bathroom with double vanity, mirrored storage and rainfall shower.

Primary and high schools are all located within walking distance for the kids and the nearby nature reserve makes for great outdoor exploration.

If you're looking to make your first stand-alone home purchase, this is a worthy opportunity that should be grasped with both hands, especially if you like relaxing and entertaining with family and friends rather than working around the house in your precious weekends.

Features overview:
RZ 2 zoned land (allows redevelopment to multiple residences)
Located at the very end of a quiet cul de sac
Beautifully renovated and updated inside and out
Single level floorplan
Spacious landscaped backyard with pergola-covered entertaining area
Vacant possession and immediate occupation available, even prior to settlement if required
Flexible settlement options available if you have another property you want, or need, to sell

The Numbers (approx):
Living area: 102m²
Pergola covered entertaining area: 25m2
Enclosed carport: 24m²
Rear store shed: 13m2
Block size: 547m²
Age: 44 years (built 1978)
General rates: $2,349 p.a.
Water rates: $680 p.a.
Land tax (investors only): $3,299 p.a.
Conservative rental estimate (unfurnished): $650/wk
EER (Energy Efficiency Rating): 4 stars with potential for 6 stars

Floating timber flooring throughout
One large open plan living area
Full-length windows allowing in lots of natural light
Ducted reverse cycle air-conditioning
Brand new LED downlighting throughout
Brand new blinds throughout home
Entire home has been freshly repainted (inside and out)
Crimsafe secure screen door at front and back of home
Brand-new, oversized front timber feature door
Fully renovated kitchen has stone benchtops, microwave and fridge space, plenty of storage cupboards, tiled splashback, externally ducted rangehood, four-burner gas cooktop, electric oven, built-in dishwasher, dual sink and window looking out to rear yard
Renovated, open plan laundry has storage under the stone benchtop plus space for washer/dryer and small tub to the side
Fully renovated bathroom has floor to ceiling tiles, IXL tastic heat lamps, dual sink, storage under, mirror overhead with built in lighting and storage behind, large shower with rainfall showerhead, feature tiling
Separate toilet room (also renovated)
Bedrooms are segregated from the living areas
Bedroom one has outlook to front yard, made private with mature vegetation, and two door, sliding mirrored built in robe
Bedroom two has outlook to rear yard and two door, mirrored, sliding built-in robe
Bedroom three has outlook to front yard and two door, mirrored, sliding built-in robe

Oversized, enclosed single carport
Room in driveway for additional 2-3 vehicles, plus extra parking directly across road on strip of reserve
Side gate access from front driveway to backyard
Newly restored roof
Additional under floor insulation added
Large pergola covered entertaining space overlooking rear yard
Colorbond fencing encloses backyard on all three sides
Large storage shed in back corner of rear yard
Rinnai, infinity gas hot water system
New grassed rear lawn with heaps of space for kids, pets and play equipment
Fully planted out front garden bed with mature trees and shrubs (great street appeal)

Construction info:
Bearers and joist flooring
Brick veneer external walls
Timber truss roof framing with R-3.5 ceiling insulation
Concrete roof tiles
Timber fascia's and metal gutters
Aluminium window frames with single glazed windows
Colorbond fencing

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Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046