25/69 Morrison Street, Kambah ACT 2902

1986 townhouse | 310m² land | needs TLC | quiet Kambah location | low-maintenance entry point This property presents a competitively strong, low-maintenance entry into the Canberra market, rare for offering a full 310-square-metre block within a strata title. Its two-bedroom, single-level layout with an open-plan living area serves downsizers and first-home buyers seeking functional space on a quiet street with immediate convenience to amenities. The dated condition is a clear opportunity; the cost of cosmetic updates directly translates to equity gain given the solid underlying structure and generous land component. Your decision hinges on accepting the commercial logic of investing immediate capital into renovations against the burden of a very low energy efficiency rating and quarterly strata fees. The value-add is straightforward, but the holding costs are material. Proceed only if you intend to modernize and hold for the medium term, leveraging the improved rental yield or sale price against the suburb’s steady demand for updated, easy-living properties. The property last sold in 2019 for $310,000. This historical price anchors its growth trajectory and underscores the potential value uplift achievable through strategic renovation in the current market.