17 Officer Cres, Ainslie ACT 2602

Leafy park frontage | 678m² block in Ainslie | Original 3/1 with updates | Walk to shops & schools This property presents a competitively strong entry point into the tightly held Ainslie market, offering a large, level block directly opposite parkland. Its configuration as an original three-bedroom, one-bathroom house with recent cosmetic updates positions it for either a comfortable occupant seeking a low-maintenance lifestyle with immediate access to urban amenities and nature, or an investor targeting the strong rental demand from families and professionals. The absence of development overlays simplifies the holding proposition, while the priority enrolment for several sought-after public schools anchors its long-term appeal to a core demographic. The decision hinges on acknowledging its functional obsolescence against newer stock, with the single bathroom and modest building footprint capping its immediate resale appeal among upgraders. This presents a clear value-add opportunity through a considered renovation or extension, commercially justified by the significant land component and superior location. Acquire as a long-term hold, either as a principal residence with renovation potential or a high-convenience rental investment; our property report will quantify its real market valuation against recent comparable sales, detail locality-specific risk factors for insurance, and provide a due diligence checklist for its original construction era. Nearby comparable sale: 10 Toms Crescent, Ainslie, sold for $1,700,000. This was a larger, modernised four-bedroom, two-bathroom home, confirming the substantial value premium for renovated properties in the precinct. It clearly benchmarks the upside potential for this subject property post-improvement, while also contextualising its current price point as reflective of its original condition.