21 Fornax Street, Giralang ACT 2617

Giralang has experienced a 7% growth in land value over the last year, and smart buyers are recognising the value of this well positioned suburb so close to Westfield and employment hubs like Civic, Belconnen and Gungahlin.
The potential on offer with this three bedroom home in the well regarded suburb of Giralang is tremendous.
There is also a chance we could be re-writing the definition of "renovator special", as you will see from the photos.
The carpets have been removed to show the fantastic 1970s floorboards, and while plastering and gyprocking is needed throughout, the opportunity for capital growth should not be missed!
Why pay for someone else's renovations - benefit from your own work and watch your portfolio value increase.
The residence is also positioned forward on the block, ensuring a large yard for any future extension (subject to ACTPLA approval).
Any appliances or fixtures on-site carry no warranty from the owner.

Features Include:
1974-1976 construction
Single level exposed brick residence
Timber flooring
Lounge with large windows
Three bedrooms
Two sides of yard has colorbond fencing
Gas hot water
Shed without door has power connected
Foxtel dish on roof
Large back yard

Residence: 100m2
Land Size: 741m2
Land Value: $347,000
Land Rates: $2250 pa
EER 2
(All numbers approximate)