3 St John Cres, Florey ACT 2615

3 St John Cres Florey | 777m² block 301m² home | 5 bed 3 bath 1989 build | no bushfire flood heritage risk The buying case here rests on the house’s unusually large floorplan on a generous block in a tightly held part of Florey, where comparable properties are scarce. The 39% building coverage leaves meaningful outdoor space, rare for a five-bedroom home of this size, and the absence of any risk overlays simplifies due diligence. This property suits a buyer seeking immediate space for a family without needing to renovate or extend, and its priority school catchment adds structural demand from local families. The main risk is that a 1989 build may need updating in finishes or systems within five to ten years, though no immediate capital works are flagged. The FTTN NBN is adequate but not a selling point. The opportunity lies in the land-to-building ratio: a future owner could potentially subdivide or develop the rear of the block, subject to council approval, which gives this house a strategic advantage over tighter sites in the same suburb.