68 Coranderrk Street, Reid ACT 2612

1920s corner block | 1331m² | 4 bed, 3 bath | established gardens | limited supply in Reid The property’s corner block positioning on 1331m² in Reid is its primary competitive advantage, offering rare spatial separation and garden depth that most inner-north houses lack. The 1920s character provides architectural distinction in a suburb where free-standing stock is scarce and tightly held. Four bedrooms and three bathrooms make it functional for a family or professional couple seeking space without leaving the parliamentary triangle. The buyer who secures this acquires not just a house but a landholding with subdivision potential, given the block dimensions and corner configuration. The key risk is condition-no recent sale since 1995 suggests deferred maintenance may be significant, and interior specifics are absent from the market data. Buyers should budget for a thorough structural and services inspection before auction. The lack of comparable sales in Reid means valuation relies on broader inner-north benchmarks, which may not fully reflect this property’s scarcity premium. The opportunity lies in holding the land for medium-term capital growth or developing the rear portion if zoning permits. Buyers should approach with a renovation budget and a clear timeline for execution.