Beautifully situated in the lush, tree-lined setting of a tightly-held street in one of Canberra's most picturesque and sought-after established suburbs, this charming north-east facing home offers exciting potential to renovate, to live as is, or rebuild on a generous north-east facing block of approximately 700m2. Offering enormous potential, this gorgeous home features a functional floorplan and the perfect blend of country and city living, being in close proximity of many Canberra institutions, Radford College, St Vincent's Primary School, Aranda Primary, University of Canberra, Canberra City, Belconnen Town Centre, ANU, CSIRO, Jamison Shopping Centre, and arterial roads. Upon entering the home, you are greeted by an abundance of natural sunlight and a welcoming large sitting room, extending through to the functional dining area, all complemented by full-length windows and doors. Adjacent to this room, is the updated kitchen ideally located for entertaining around the hub of the home. Continuing through the home, there are three large bedrooms, including master with an ensuite and a fourth bedroom/study currently being used as an office, together with a bright, well-appointed bathroom. Privately nestled amongst established native gardens, the home provides plenty of room for outdoor entertaining or other activities. This unique property has been recently professionally painted, is in excellent condition, but offers the potential to live in it as is, renovate, modernise or rebuild. After 45 years, the owner has now decided to downsize and as a result is now providing this unique opportunity to buy this superb home in a highly sought-after location and create your dream home from a magnificent 1968-built Aranda home. Features include: North-east facing to living areas Flooded with natural light Tightly-held location Situated on a large block of about 700m2 Three large bedrooms, all with robes Master bedroom with ensuite Fourth bedroom is currently used as a study Huge living room with a leafy outlook Deck off living room Formal dining room Bathroom, updated Large kitchen, updated, with a gas cooktop Separate laundry Flexible floorplan Ducted gas heating Wall mounted reverse cycle heating and cooling Rinnai instantaneous hot water system Double carport Established and mature native gardens Potential to live as is, renovate, modernise or rebuild Unimproved Land Value: $583,000 Outstanding location close to all amenities Conveniently located close to: Private and public schools, including the highly sought after Aranda Primary St Vincent's Primary School Radford College Calvary Hospital ANU and University of Canberra AIS Jamison Shopping Centre Belconnen and Civic's restaurants, cafes, and shopping centres An ideal opportunity to renovate, extend or build your dream home in a highly sought after and family-oriented location