1 Bon Place, Chisholm ACT 2905

Large block with dual living | 4-bed confirmed after renovation | quiet owner-occupied street | strong school catchment The property’s primary strength is its dual-residence configuration on a 1,104 m² RZ1 block—rare in a street of 100% owner-occupiers. The main house plus a 54 m² granny flat effectively delivers two income streams or multigenerational living potential, which positions the buyer well for either rental yield or flexibility. The recent renovation that brought the count to four bedrooms and two bathrooms aligns with the median for the suburb and removes the confusion from older listings. The street’s stability and school catchment (primary within 0.5 km) make it a strong fit for families seeking long-term tenure with development optionality. The inconsistency in earlier bedroom and bathroom counts is a due diligence risk—confirm that all approvals for the rear residence are current and compliant with RZ1 rules, as unapproved works could affect financing or insurance. The block’s size in a stable, low-turnover street also means resale comparables are thin, so valuation relies more on land potential than recent sales. For a buyer willing to verify the legal status of the granny flat, the property offers above-average optionality in a tight owner-occupied pocket, with the school zone adding a further layer of demand resilience.