25 Mortlock Circuit, Kaleen ACT 2617

Corner block 972sqm | 4 bed with ensuite | 1977 original ready to renovate | Kaleen priority school zone | Auction 30 May This property’s competitive edge is its 972sqm level corner block in a sought-after school catchment, which is rare for an entry-level offering in Belconnen. The 21% building coverage signals substantial rear extension potential, and the double detached garage adds practical separation. It serves best for a family or investor seeking land-value upside in a suburb with 4.5% growth, where the mostly original condition allows for value-add through renovation without overcapitalising. The primary risk is the low 2.0 EER and dated fabric, which will cost the buyer roughly $30,000–$50,000 for meaningful thermal upgrades and kitchen/bathroom refresh. The corner position, while spacious, may require fencing and privacy treatments. However the absence of overlay constraints and the 1977 build quality provide a solid structural base. The commercial logic is to renovate selectively and hold for land appreciation, or extend rearward to capture family demand. Use this property as a land bank in a constrained suburb.