36 Molesworth St, Watson is a 3 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 694m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Packed with potential and superbly located within a desirable pocket of Canberra's Inner North, this home is a must-view for astute buyers. There's no denying it, there is work to be done here however, the potential to add value is significant.
It's easy to see why this location is sought after. The local Watson shops are vibrant with The Knox Cafe and gourmet supermarket. Local schools are good and Canberra City is a short drive or Light Rail ride away. With the addition of the Dickson Shops and pool, farmers markets, wineries and walking trails close by, you will be enjoying all that Canberra has to offer without having to travel far.
The home has good bones and is currently split into two dwellings, which astute buyers will recognise as an opportunity. Rent out each dwelling separately or live in one and rent out the other while you plan your renovation. With some clever planning two homes can be turned into one or keep it as is for a solid addition to your investment portfolio.
This is a golden opportunity and a solid investment, so if you are looking for a fixer upper in the Inner North then don't miss out on the amazing opportunity, contact Stephen Bunday now!
Features Include...
- Great Inner North location
- Close to schools, cafes, shops, farmers market and wineries
- Beautiful leafy street
- People are extending, renovating and rebuilding in Molesworth street, so there is no fear of overcapitalising
- An opportunity to create your dream home
- Rent out one or both dwellings
- 2 dwellings (attached) separate entry
- 1 x 2 bedroom 1 x bedsitter
Front dwelling:
- 2 bedrooms, one with robe
- Separate lounge room
- Electric upright stove
- Eat-in kitchen with granite benchtops
- Electric hot water system
- Reverse cycle air-conditioning
- North west to the rear
Rear dwelling:
- Studio style
- Electric upright stove
- Reverse cycle air-conditioning
- Combined laundry/bathroom
- North west to the rear
- Electric hot water system
EER 0.5
The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16.0% of total area. The population of Watson in 2016 was 5862 people. By 2021 the population was 6727 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation.In 2021, 65.00% of the homes in Watson were owner-occupied compared with 57.20% in 2016.
Watson has 3,280 properties. Over the last 5 years, Houses in Watson have seen a 38.92% increase in median value, while Units have seen a 44.04% increase. As at 31 December 2025:
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