SoldOct 16, 2025

7 Reader Ct, Banks, ACT, 2906

$715,000

3
1
2
93.12 m²
390 m²

House

15 days on the market

Sold: Oct 16, 2025

What's around 7 Reader Ct

THE STORY....

When the homeowner first purchased this property back in September 2016, it was with a clear vision: a home that offered reliability, convenience, and potential. They saw the promise of an ideal location, a home that would stand the test of time, and a sound investment that would provide steady returns. For nearly a decade, this property has done exactly that-proving itself as a smart and rewarding choice. Though the homeowner never lived here themselves, they ensured the home was well cared for and thoughtfully updated so that every resident could enjoy it fully. Inside, a freshly painted interior gives the home a bright and welcoming feel, while new upgrades-like the Glemgas oven cooktop combo, Omega dishwasher, and Daikin split system-add comfort and practicality to everyday living. The fanlight combos in each bedroom, and plantation shutters in both the loungeroom and front bedroom, bring small but meaningful touches that make the home feel special. The homeowner's favourite part of the property has always been the back patio. It's easy to see why. With a fire pit and chimney at the centre, it's a space that invites people to gather, share meals, and create memories. Two backyard sheds provide extra storage, while the patio itself offers a sense of escape without leaving home. It's a backyard made for both quiet evenings and lively weekends. For first-time buyers, this property presents the perfect opportunity to step into homeownership with confidence. The home is move-in ready, with the big upgrades already taken care of-leaving room for you to simply make it your own. For investors, it's a proven performer, offering the same strong potential and reliability that first attracted its current owner. Whether it's the ease of its location, the comfort of its updated features, or the lifestyle offered by its inviting outdoor space, this is a home that continues to deliver. The story began as an investment, but its next chapter is waiting for someone ready to call it their first home-or for another investor looking to secure a property that's already shown its worth. Key Details: - Three bedroom, one bathroom family home - Master bedroom ft. fanlight combo, plantation shutters & built-in wardrobe - Two additional bedrooms ft. fanlight combo & built-in robes - Open plan dining & kitchen - Wrap around kitchen ft. dual sinks, Glemgas oven cooktop combo, Omega dishwasher, breakfast bar & plenty of storage - Spacious living room ft. plantation shutters & ceiling fan - Wood vinyl flooring throughout - Daikin split-system air-conditioning throughout - Bathroom ft. built-in bath-tub, sink, separate shower & segregated toilet - Laundry area ft. sink & linen storage - Back patio ft. firepit and chimney and spacious area - Backyard ft. two sheds for storage & clothesline Key Features: - Year Built: 1993 - EER: 1.5 stars - Approx. Block Size: 390 sqm - Approx. Living Size: 93.12 sqm - Enclosed carport: 21.24 sqm - Carport: 17.30 sqm - Approx. Council Rates: $680 per quarter - Approx. Land Tax (if rented): $1,112.58 per quarter - Approx. Rental Return: $600 - 625 per week

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