5 Piguenit Close, Lyneham ACT 2602

generous 669m² block | single-storey 1987 build | large rear yard | blank-canvas potential | inner-north school catchment The property’s most competitive advantage is its 669 m² block in an inner-north pocket where large land holdings are becoming less common, especially within established school catchments. The single-storey 1987 build, though modest in internal size at 106 m², sits on a site that allows for significant future reconfiguration or expansion. The large rear yard with minimal trees and Colorbond fencing offers a practical starting point for families, renovators, or owner-occupiers seeking convenience to the city, light rail, and local amenities. The combination of school catchment access and land depth serves those who prioritise location and long‑term potential over immediate presentation. Value may be influenced by the limited bathroom count and low energy rating, which could narrow buyer appeal or require budgeting for upgrades. The absence of FTTP broadband and the presence of land tax for investors are real but manageable constraints. However, the blank‑canvas condition means a buyer can add value through targeted improvements to bathrooms, insulation, and general finishes, likely lifting the property’s market position without needing full redevelopment.