1 Spiers Place, Wanniassa ACT 2903

Fully renovated villa | 577-585m² land | family-friendly Wanniassa | strong rental yield potential. This property is competitively positioned as a rare fully renovated villa on a substantial block in a sought-after family corridor. The combination of a modern interior, established outdoor space, and priority school enrolment creates a low-maintenance buy that appeals strongly to both owner-occupiers and investors. The 117-118m² internal footprint with a separate garage and shed offers genuine functional separation, while the ducted heating and deck extend liveability. It serves best a buyer seeking a turnkey home with immediate rental upside or a secure hold in a stable market. The key risk is the low 1.0 EER, which will mean higher energy costs and may limit appeal to efficiency-conscious buyers over time. No recent comparable sales data beyond 2021 suggests limited price discovery, and the slight land-size variance across sources warrants a survey check. The opportunity lies in below-market entry price relative to detached houses in the area, with solid rental demand at $645-$780 per week supporting a buy-and-hold strategy. Use this as a long-term family home or a low-effort investment in a proven suburb.