Set on an expansive 933m² block in one of Ainslie's most picturesque, tree-lined streets, 42 Campbell Street offers a rare chance to secure premium Inner North land. Whether you're an astute investor seeking a high-performing landbank or a buyer ready to design and build your forever home, this property presents exceptional potential.

The existing residence is a classic Ainslie character home-generous in scale, largely original, and thoughtfully laid out with a flexible floorplan to accommodate a range of living arrangements. Historically, the property has delivered strong and consistent rental returns, enjoying minimal vacancy thanks to its highly desirable Inner North location. Offered vacant, it provides complete flexibility: lease it out while you plan and secure approvals, or move forward immediately with your dream build.

Positioned for ultimate convenience, this address places you moments from the City and the thriving Braddon precinct, known for its dining, retail and nightlife. Enjoy easy access to the local charm of Ainslie Shops, featuring cafés, bakeries, a grocer, and the much-loved Edgar's Inn. Outdoor enthusiasts will appreciate being on the doorstep of Mount Ainslie Nature Reserve, with walking trails, scenic outlooks and proximity to Lake Burley Griffin.

A rare offering combining scale, location and future potential-secure your place in one of Canberra's most tightly held suburbs.

• Premier inner north block ready for your dream home
• Option to landbank this opportunity with strong rental yields
• Build your new home as well as a separately titled home on this blue-chip block under the new Dual Occupancy rules

• Less than 1 minute drive to Majura Avenue connecting you to the City and Inner North suburbs
• A 5 minute drive to Dickson
• Less than a 5 minute drive to Ainslie Shops
• A 5 minute drive to Canberra Airport
• On the doorstep of Mt Ainslie Nature Reserve
• A short walk to local Schools including, North Ainslie Primary, Dickson College and Daramalan College

EER: 0
Internal Living: 92sqm approx.
Block: 933sqm approx.
Rental estimate: $620 - $650 per week
Rates: $1,500 per quarter approx.
Land tax: $3,222 per quarter approx. (only if investment)
Built: 1950

Whilst all care has been taken to ensure accuracy, the material and information contained are approximate only and no warranty can be given. Bastion Property Group does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.