Positioned in a tightly held pocket of Campbell, this solid double-brick home represents an outstanding opportunity to secure a foothold in one of Canberra's premier suburbs. Set on a 683m² parcel, the property enjoys a unique position with reserve to the rear and side, providing a peaceful natural backdrop while being just moments from the city, Lake Burley Griffin, Mount Ainslie walking tracks and the lively Campbell shops. The home offers dual income potential with a three-bedroom residence plus an attached one-bedroom studio, complete with its own separate access. This versatile layout provides options for investors, extended families, or those seeking an additional rental return. The current dwelling is in good condition, ready to occupy or lease immediately, while also presenting excellent scope to renovate, extend, or redevelop in this tightly held area. Inside, the main residence features generous living spaces, a functional kitchen, and ducted reverse-cycle heating and cooling for year-round comfort. The one-bedroom studio adds extra accommodation, ideal for guests, independent family members, or a private home office. With its solid 1963 construction and well-maintained interiors, the property offers both charm and functionality while holding immense potential for future capital growth. With schools, local shops, and lifestyle amenities all within walking distance, and the City, C5 Precinct, and Lake Burley Griffin only minutes away, this property is as convenient as it is versatile. Whether you're looking for an entry-level home in Campbell, a smart investment, or a site to create your dream residence, 61 Waller Crescent is an opportunity not to be missed. Key Features: • Solid double brick home on a 683m2 parcel • Unique position with reserve to the rear and side of the block • Dual income potential with 3 bedroom home + 1 bedroom studio with separate access. • Scope to renovate the existing dwelling or alternatively redevelop in this sought after location • Existing home in good condition, ready to occupy or place tenants • Ducted reverse cycle heating and cooling • Located in a sought-after neighbourhood just moments from the city, Lake Burley Griffin and a short walk to the local Campbell shops • Selling with vacant possession Located within close proximity to: • Victoria Cross Park (230m) 3 min walk • Campbell shops (750m) 9 min walk • St Thomas More's Primary School (450m) 5 min walk • Campbell Primary School (1.1km) 3 mins drive • C5 Precinct (2.1km) 4 mins drive • Lake Burley Griffin (2.4km) 6 mins drive • City Centre (3.4km) 7 mins drive • Majura Shopping Centre (4.3km) 7 mins drive • Canberra airport (4.5km) 8 mins drive Figures: • Land size: 683m2 • Living area: 111m2 • Studio/enclosed storage area: 36m2 • Built: 1963 • Unimproved land value (2025): $1,050,000
