57 Euree Street, Reid ACT 2612

Wrap-around deck and gym | 1126m² opposite oval | heritage with modern master suite | priority school zone The property’s competitive strength lies in the rare combination of a 1126m² block opposite Reid Oval with a 1940s heritage façade that has been extended to include a north-facing family room and a luxurious master suite with ensuite and study nook. The 271m² floorplan, wrap-around entertaining deck, gym room, and putting green create a self-contained lifestyle package that appeals to families or professionals seeking space without leaving the inner north. The 95% owner-occupied street and priority enrolment at Campbell High School reinforce long-term demand, making this house a strong candidate for buyers who value land depth and private outdoor amenity within walking distance of Russell Offices and the city. The heritage overlay is the primary risk, as it restricts external alterations and may increase approval timelines for any future redevelopment. The evaporative cooling system is less effective in humid conditions, and the 2017 land size discrepancy (1126m² vs 1226m²) should be verified through a survey to avoid valuation surprises. The opportunity lies in using the rumpus room and study as flexible income space or home office, while the rainwater irrigation and established gardens reduce ongoing maintenance costs. For a buyer seeking a long-term family home with positional scarcity and low turnover risk, this property should be held as a primary residence rather than a flip.