61/44 Constitution Avenue, Parkes ACT 2600

| Heritage overlay limits future changes | Medium energy rating (6/10) adds running costs | Unclear if currently for sale | 2-car space a rare inner-south find | The heritage overlay is the controlling risk here; it imposes council approval requirements on any external alterations, effectively capping renovation upside and potentially delaying or increasing costs for modifications. The medium energy rating, while not critical, means slightly higher seasonal utility bills compared to a 7+ rated property. On the opportunity side, the 1.21-hectare lot size is extraordinarily large for a flat apartment in Parkes, offering private outdoor space rarely seen at this price point. The two car spaces are also a tangible advantage in a suburb where parking is tight. Bottom line: buy this for secure, low-maintenance living with unique land holdings, not for value-add redevelopment. This property competes strongly because of its scale—most 2-bedroom apartments in Parkes sit on strata lots under 500 square metres, not over one hectare. For a buyer seeking space, privacy, and established infrastructure like the pool, gym, and ducted heating, this is a rare match. It serves best a professional couple or downsizer who values location near the parliamentary triangle and schools over renovation potential. To proceed, request a certified heritage report from the vendor and verify the current listing status with the agent—without that clarity, you risk wasting time on a property that may not be active.