38 Lambrigg Street, Farrer, ACT 2607

$1,550,000

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings

Published on Saturday, July 25, 2026 ( See property details for 38 Lambrigg Street, Farrer, ACT 2607)

$1,550,000

Jenny McReynolds Residential Property Specialists
Cris OBrien Residential Property Specialist
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully renovated dual-income family home and self-contained studio in the highly sought-after suburb of Farrer, offering exceptional lifestyle and investment potential.

🏡 Property Highlights

  • Fully renovated dual-income property with separate self-contained studio
  • Potential combined rental income of approximately $1,400 per week
  • Premium location in sought-after Farrer with elevated views and north-facing living
  • Modern upgrades including renovated kitchen, bathrooms, and flooring
  • Secure double garage with additional storage and private outdoor entertaining areas
  • Strong passive income potential with estimated 4.70% gross rental yield

✨ Key Features

  • renovated four bedroom three bathroom home
  • separate downstairs studio
  • arranged over two levels with elevated views
  • north facing
  • combination of timber look floors and carpet
  • north facing living room with RC split system and glass doors opening to the front veranda
  • formal dining room with easy connection to the kitchen
  • open kitchen and second living area
  • renovated kitchen with white cabinetry and granite bench tops
  • double garage with twin automatic doors and additional storage space

Farrer is a highly desirable suburb in Woden Valley, known for its leafy streets, strong community feel, and proximity to top schools, parks, and shopping centres. It offers a peaceful lifestyle with easy access to public transport and major amenities, making it ideal for families and investors alike. The area boasts excellent walkability, scenic outdoor spaces, and a range of recreational facilities, ensuring a vibrant and convenient lifestyle for residents.

What is the condition of the property and when was it renovated?
The property has been fully renovated recently, including the kitchen, bathrooms, flooring, and overall interior, ensuring a modern and move-in-ready condition.
What are the rental potential and current rental income for both dwellings?
The main residence has a potential rent of approximately $950 per week, while the self-contained studio can rent for around $450 per week, totaling an estimated $1,400 weekly income.
Are the water and electricity meters separate for each dwelling?
Yes, the property features fully separate water and electricity meters for each dwelling, facilitating hassle-free utility management.
What are the key features that make this property a good investment?
The property offers dual income streams, recent high-end renovations, a sought-after location, and strong rental demand, making it an excellent investment opportunity.
Is there outdoor space for entertaining or gardening?
Yes, the property includes a rear patio and garden area, perfect for outdoor entertaining and relaxing.
Are there any upcoming council or development plans in the area that could affect the property value? What are the detailed zoning and land use restrictions for this property? Are there any known issues with the property's foundation, plumbing, or electrical systems? Has the property experienced any flooding or bushfire risks in the past? Are there any easements or covenants that could impact future renovations or use?

38 Lambrigg Street, Farrer, ACT 2607 - More Details

$1,550,000

Type
House
Bedrooms
5
Bathrooms
3
Parkings
2

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