57 Kingsmill Street Kambah ACT 2902

1974-built 3-bed house | 987m² large lot in Kambah | No overlays | Near Village Creek Centre This property presents a competitively strong proposition based on its substantial, flat block in a stable suburban setting, free of bushfire or flood constraints. The 987 square metre lot offers rare sub-division or extension potential for its price point, serving a buyer seeking land value or a family needing space. Its position near local health services and schools supports long-term liveability. The primary risk is the house’s age, implying latent capital expenditure for modernisation, which will pressure holding costs. The estimated rental yield appears modest against the entry price. This property is best acquired as a long-term hold, leveraging the land component, with a plan to progressively upgrade the dwelling. Our tailored report quantifies the renovation premium against local sales and details locality-specific due diligence for a precise offer. A recent sale at 69 Kingsmill Street, a similar 4-bedroom home on a smaller block, achieved $850,000. This comparable suggests the subject property’s larger land parcel may command a premium, though the older build and one less bedroom temper that adjustment.