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38 Paterson Street, Ainslie, ACT 2602-Image For Sale
38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602-Image 38 Paterson Street, Ainslie, ACT 2602 38 Paterson Street, Ainslie, ACT 2602-Floorplan

38 Paterson Street, Ainslie, ACT 2602

$1,650,000 - $1,750,000

House
Type
3
Bedrooms
3
Bathrooms
1
Parkings
697 m²
Area

Last updated on Friday, April 10, 2026 ( See property details for 38 Paterson Street, Ainslie, ACT 2602)

$1,650,000 - $1,750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully restored, versatile family home with self-contained units, a bonus studio, and prime park-side location in Ainslie.

🏡 Property Highlights

  • Positioned opposite Corroboree Park in a sought-after inner-north location
  • Fully renovated main residence with spacious open-plan living areas
  • Two fully self-contained residences offering versatility for families or investors
  • Separate one-bedroom unit ideal for extended family, rental, or Airbnb income
  • Bonus studio under construction, ready for completion with endless possibilities
  • Close proximity to Braddon, the City, and Mt Ainslie Nature Reserve

✨ Key Features

  • Open-Plan Living
  • Ensuite
  • Home Office / Study
  • Outdoor Area
  • Built-in Robes
  • Security Screens / Gates
  • Fly Screens
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Waterfront / Views
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38 Paterson Street
Ainslie, ACT 2602
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Vertical aerial view — 38 Paterson Street
38 Paterson Street — Vertical Aerial  •  Ainslie, ACT 2602  •  Nearmap © 2026

Ainslie offers a vibrant inner-north lifestyle with leafy parks, proximity to the city, and a thriving community. Key points include: 1) Prime park-side location opposite Corroboree Park, 2) Close to popular cafes, shops, and amenities in Braddon, 3) Easy access to Canberra’s CBD and public transport, 4) Surrounded by natural reserves like Mt Ainslie, 5) Family-friendly with parks, playgrounds, and recreational facilities nearby.

What is the current occupancy status of the property?
The property is currently rented until December 2026, with inspections available by appointment only.
What are the potential uses for the bonus studio under construction?
The studio can be finished for use as an art studio, hobby room, golf simulator, additional storage, or a private workspace.
Is the property suitable for multigenerational living?
Yes, the property features two self-contained residences, making it ideal for multigenerational families or those seeking flexible living arrangements.
What are the nearby amenities and attractions?
The property is within walking distance to Braddon, Canberra City, Corroboree Park, Mt Ainslie Nature Reserve, and local cafes and shops.
Are there any development or planning restrictions?
All relevant planning and development approvals should be confirmed with local authorities; the property includes a bonus studio ready for completion.
Are there any hidden costs or upcoming maintenance requirements not disclosed? Has the property been inspected for structural issues or defects? Are there any zoning restrictions or easements affecting the property? What are the flood or bushfire risks in this area? Is there any ongoing or planned construction nearby that could impact the property? Are there any strata or body corporate fees applicable if the property is part of a community scheme? What are the terms of the current lease, and are there any restrictions on future use? Are there any restrictions on completing the bonus studio or future renovations? Is the property compliant with all local building codes and regulations? What are the long-term plans for Corroboree Park and surrounding areas?

38 Paterson Street, Ainslie, ACT 2602 - More Details

$1,650,000 - $1,750,000

***Currently rented until December 2026 - inspections by appointment only***

Positioned in the popular and sought-after inner-north, directly opposite Corroboree Park's leafy green space, 38 Paterson Street presents a beautifully restored cottage that blends timeless character with the comfort and convenience of modern living.

Thoughtfully configured into two fully self-contained residences, the property offers exceptional versatility for families, multigenerational living, or investors. The main home features two bedrooms and two bathrooms, while a separate one-bedroom, one-bathroom unit provides additional living or income opportunities.

The main residence has been renovated from top to bottom and is filled with natural light. Spacious open-plan living and dining areas flow into a crisp white kitchen, creating a welcoming hub of the home. Two generously sized bedrooms include a master with a stylish ensuite, while the second bedroom is serviced by the main bathroom.

At the rear, the fully renovated one-bedroom unit offers complete independence-ideal for extended family, older children, a home office or business, long-term rental, or Airbnb income.

Adding further value is a bonus studio currently under construction at the back of the property. With plumbing, electrics and partitioned walls already installed, the space is ready for completion and offers endless possibilities-whether as an art studio, hobby room, golf simulator, or additional storage. A perfect opportunity for a savvy buyer to finish the project and unlock the property's full potential.

Enjoy a premium lifestyle location within easy walking distance of Braddon and the City. Spend weekends picnicking, playing basketball or tennis at the park across the road, or exploring the nearby Mt Ainslie Nature Reserve.

A unique and flexible offering in a prime location-don't miss your chance to secure this outstanding property.

Rates: $5,550pa (approx.)
Land Tax: $11,841pa (approx.)
UCV: $936,000 (2025)
EER: 1.5

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.
Type
House
Bedrooms
3
Bathrooms
3
Parkings
1
Area
697 m²

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