18 Rosebery Street, Fisher ACT 2611

Established family home on large RZ2 block | 942m² with redevelopment upside | 5-bedroom layout in sought-after Fisher | North-facing deck and ducted gas heating. This house presents a rare combination of immediate livability and medium-term development optionality. The 942m² block with RZ2 zoning, 23% site coverage, and no bushfire or flood overlays positions it as a strategic hold for a buyer who wants to occupy now and subdivide or rebuild later. The 5-bedroom configuration, segregated living areas, and north-facing deck serve a family well, while the priority enrolment at Mount Stromlo High School and walking distance to Fisher Shops add everyday utility. For a buyer with a 5- to 10-year horizon, the property’s structural age and block size create a land-bank advantage without forcing immediate development. The primary risk is the 1970 build condition, which may require significant updating to meet modern standards-budget for roof, wiring, and insulation checks. The FTTN connection and absence of floor plans limit some buyer confidence, though Phase 3 power and continuous gas hot water are practical assets. Rental demand in Fisher is steady, with $740–$900 per week achievable if plans change. Hold the property for its land value trajectory; consider a DA-ready subdivision once zoning is confirmed with the Territory Plan.