Ready for your inspired additions. Photo: Blackshaw.
The best way to look at 10 Maloney Street, a three-bedroom, one-bathroom home in the much sought-after suburb of Wanniassa, is as an opportunity.
The bones are good, and if you know how to swing a hammer (and maybe install a cupboard or two), you’ll see the potential and continue the home’s renovation journey.
Plantation shutters adorn the windows and the bathroom has been updated, there’s a ducted air-conditioning system and recently added built-in wardrobes, but the rest is up to you and your imagination.
The owners are highly motivated sellers and know the next owners will be able to make the most of this opportunity.
“This is a great street in a beautiful suburb. We know it needs work and it’s priced accordingly,” the owner told Region.
The home is expected to sell at a price under the ‘first-home buyer’ price cap at auction this Saturday, 24 May.
Situated on a 728 m² block, the home makes good use of the space, and there is room for additions, especially with the proposed changes to zoning.
“Have a walk around the neighbouring streets and you can see how owners are making the most of the space and building to capitalise on the incredible views of the Bridabellas.
“You could easily expand this house up or out with a granny flat or an extra room as nearby neighbours have done,” the owner says.
“This property is a fantastic opportunity for investors or first buyers looking for value for money, the potential is endless.”
The home is on the higher end of the street with mountain views. Add that it’s located on a quiet street close to parks, shops and schools, and it’s just 20-minutes to the heart of Canberra.
The owners need the home sold before heading overseas and are looking for an immediate sale. Sad to see it go, they know that with its potential for expansion, obvious street appeal and room for capital growth, it will make the next owner very happy.
10 Maloney Street in Wanniassa will be auctioned on site at 10 am on Saturday, 24 May. It’s open for inspection today, Wednesday, 21 May, at 5 pm. For more information, contact Robert Peaker on 0412 726 025 or Rick Dickson on 0419 208 353, or visit Peter Blackshaw.
