9 Arden Place, Gilmore ACT 2905

5-bed cul-de-sac house | 1055m² quiet block | 8.5kW solar & zoned climate | 6-car secure parking This property presents a competitively strong offering due to its substantial landholding in a quiet cul-de-sac, a configuration increasingly rare in this market. The significant expansion to five bedrooms and six car spaces, supported by modern systems like solar and app-controlled heating, creates a durable utility for a large family seeking space and operational efficiency. It serves buyers prioritizing long-term functionality over cosmetic appeal, with the updated kitchen and bathrooms providing a move-in ready position without premium pricing. The primary risk is the low EER of 2.5, imposing higher-than-average thermal running costs that will compound over the hold period. The commercial logic is in the unimproved land value and the subdivisible potential of the block, subject to zoning. This is a hold property for capital growth, not yield; its value will be sustained by its land bank and functional improvements, making it unsuitable for short-term or rental-focused strategies. Recent street sales indicate a stable but not rapidly accelerating micro-market. 2 Arden Place sold for $780,000 in August 2024, providing a direct benchmark for a standard house on the street. The subject property, with its additional bedroom, extensive parking, and solar investment, should command a reasonable premium over that figure, justifying a valuation above $800,000 based on functional superiority alone.