18 Burdekin Street, Duffy ACT 2611

Large family block with unapproved studio | quiet loop street | walking to shops & schools | 1997 original owner This property presents a strong opportunity for a buyer seeking a large, established family home on a generous near-900m² block in a quiet, convenient location. The key competitive strength is the significant land component and the functional, self-contained studio at the rear, which offers immediate utility for extended family or rental income, albeit without council approval. It best serves an owner-occupier prepared to undertake future updates, capitalising on the block’s size and the suburb’s family-friendly character. The primary decision hinges on managing the risk of the unapproved studio, which may require rectification or formal approval at unknown cost, and the very low energy efficiency rating, implying higher utility expenses. The opportunity lies in the substantial land value and the potential to incrementally improve the original dwelling. Acquire this property for its land asset and positional convenience, with a view to a long-term hold, using the studio to offset holding costs while planning for a future renovation or redevelopment.