1 Hargraves Cres Ainslie ACT 2602

Renovated heritage precinct | 1005m² block with 30% coverage | FTTP & 5G | Walk to Civic & ANU This property presents a competitively strong proposition due to its rare combination of a generous, under-utilised block in a tightly held heritage overlay precinct and a modernised four-bedroom family home. The significant land component relative to building footprint offers latent value, serving buyers seeking long-term capital growth in a premier inner-north location with immediate walkability. It best suits an owner-occupier capitalising on both character and space, or a strategic investor banking on land appreciation. Key decision points involve the specific heritage overlay controls, which may limit future extensions and necessitate specialist maintenance, directly impacting holding costs. The high land tax liability if rented materially affects investment yield. Proceed with a view to hold long-term, leveraging its positional scarcity. A Propcred report would precisely benchmark its value against recent precinct sales and detail the heritage overlay’s exact restrictions and insurance implications. The sales history indicates substantial equity growth, with the last transaction in 2015. This long holding period typical of the precinct underscores its tightly held nature and supports the current premium valuation.