179 Atherton Street, Downer, ACT 2602

It's rare to find two properties on a block that are both fully approved, and separately metered, but the wonderful 179 Atherton Street, offers you just that. The versatility of having 2 properties that can be used independently or together for a larger/blended family allows you to adapt your lifestyle easily and quickly when you need to. It also allows different rental options making it an excellent investment opportunity with great cash flow. 

Make sure to watch our detailed, walk through video it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this property inside and out. It's the most informative property video you will watch during your property search, but don't just take our word for it. 

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, just send us an email and it will be automatically sent to you. 

What buyers will love most
• 2 x fully approved properties, totalling 165m2 living
• Separate water and electricity metres 
• Offering many different lifestyle opportunities
• Continue to rent them both for $1,210/week that's $62,920/year for additional income
• Live in one, rent out the other 
• Live in one and have your family live in the other
• Use the studio as a home office, business, multipurpose space
• Land bank it and use the extra income to fund/design a knock down rebuild and create the house of your dreams

179A Atherton St – the front house
• 3 bedrooms
• 1 bathroom
• 1 open plan living area
• Kitchen and laundry 
• Front and rear yard access, plus large storage room to the right
• Currently rented for $690/week till 08/01/2025
• Ducted reverse cycle heating and cooling 
• 92m2 living

179B Atherton St- the rear studio
• 2 bedrooms
• 1 bathroom
• 1 open plan living area
• Kitchen and laundry 
• Separate rear yard and pergola
• 3 x air conditioners 
• Currently rented for $520/week on a 29/06/25
• Single carport
• 73m2 living

The Location
• Flat block, with Colourbond fences to the left and right sides
• Family friendly area with great schooling options 
• Close to Ainslie School, Lyneham Primary School, Majura Primary School, Lyneham High • School, Dickson College and Daramalan
• Short walk to the Gang Gang cafe, Watson shops, ovals and the light rail station

To Help Buyers: 
• We can refer a solicitor who can review the contract, for FREE. 
• The same solicitor can provide a free Section 17 if you wish to submit an unconditional offer. 
• Help negotiating amendments to the contract such as settlement dates or exchange deposits. 
• Free valuations to help you establish your current equity in any other properties you. 

The Numbers (approx.)
• Block Size: 694m2
• Land Value: $831,000
• Age: 61 years (Built 1963)
• General Rates: $4,511 p.a
• Water & sewerage rates: $670 p.a.
• Land Tax (investors only): $9,176 p.a 
• EER. 1.5 stars with a potential of 6 stars