12 Bonrook Street, Hawker ACT 2614

Larger townhouse on freehold land | 3 beds in a street of smaller units | High-yield rental profile | Prime school catchments This property presents a distinct configuration advantage within its immediate micro-market. The offering of a three-bedroom, two-bathroom townhouse on a 551 square metre freehold block is a rarity on Bonrook Street, which is predominantly characterised by smaller two-bedroom apartments and strata-titled units. This positions the property for a buyer seeking the space and land control of a house, but within a townhouse format, likely serving a young family or an investor targeting the family rental segment. Its priority enrolment for established local schools strengthens its appeal to this demographic. The estimated gross rental yield of approximately 4.1% is commercially sound and signals reliable demand, further supported by high-confidence value estimates. Proceed with the understanding that the primary risk is the lack of specific, recent comparable sales data for similar three-bedroom townhouses in the street, making precise valuation validation difficult. You must commission an independent valuation and a strata report, despite the freehold title, to investigate any shared infrastructure or body corporate arrangements for the townhouse complex. The opportunity lies in acquiring a scarce property type in the area, which should provide capital stability and attract long-term tenants. Given its size, yield, and catchment, this property is best acquired as a long-term hold, either as a principal residence for a growing family or as a buy-and-hold investment.