51 Coaldrake Avenue, Denman Prospect ACT 2611

4-5 bedroom family home | 600m² block with stunning views | FTTP and solar | high-end double glazing throughout | Evelyn Scott School catchment The property’s competitive edge lies in its rare combination of a generous 600m² block in a sought-after Molonglo Valley suburb, a 262m² floor plan with four to five bedrooms, and premium energy features like a solar system and double-glazed windows. These specifications position it strongly for families seeking a low-maintenance, efficient home with sweeping views and proximity to Evelyn Scott School. The seller’s motivation appears clear given the 2015 purchase price of $510,000 and current unimproved value of $760,000, suggesting potential for negotiation despite the auction format. The primary risk is the inconsistent bedroom and bathroom counts across listings, which could confuse buyers and reduce perceived value; a professional inspection is essential to confirm the actual layout. Additionally, the 30% auction clearance rate on the street signals a cautious market, meaning the buyer should set a firm pre-auction limit. The property’s high EER and FTTP add long-term holding appeal, but the land tax of $7,896 annually is a material cost for investors. Use this property as a long-term family home or hold for capital growth in Denman Prospect’s developing corridor.