Back 1010/2 Grazier Lane
Off Market

1010/2 Grazier Lane

Belconnen ACT 2617

1
1
1
50 m²
Apartment
Last sold for $340,000
Eric FanEric Fan, last sold this property on 08 May 2026 after 7 days on market.

Overview

1010/2 Grazier Lane High-Floor One-Bedroom Apartment with Tenanted Income & Strong Belconnen Location

Positioned highlevel in the sought-after development in Belconnen, this one-bedroom, one-bathroom apartment with secure car space offers a fantastic opportunity for investors or future owner-occupiers. With the highly functional floorplan and premium lifestyle location, this property benefits from elevated positioning and existing rental income, making it an attractive turnkey investment. The property is currently tenanted with a notice to vacate already issued, providing flexibility for both investors and future homeowners. Lifestyle Convenience at Your Doorstep Located in the popular Grazier Lane precinct, residents enjoy immediate access to: Westfield Belconnen within 7 minutes' walk Lake Ginninderra within 3 minutes' walk Metro supermarket and Asian grocery downstairs Cafés, dining and lifestyle amenities nearby Easy 10-minute drive to Canberra CBD Elevated Position with Light & Outlook Situated on a higher floor, this apartment enjoys enhanced natural light and an even more open outlook compared to lower levels. The east-facing layout ensures warm morning sun fills both the bedroom and living areas. The spacious interior layout remains practical and efficient, ideal for low-maintenance living. Secure Investment Opportunity Currently leased at approximately market rent of around $500 per week, this property provides immediate rental income with future flexibility for occupation once the tenancy concludes. Key Features High-floor one-bedroom apartment in Grazier Lane precinct East-facing living area with morning sunlight Strong open outlook with elevated position Functional, well-designed floorplan with no wasted space Secure car space included Tenanted with notice to vacate already issued Approx. $500 per week rental return Walking distance to Lake Ginninderra and Westfield Belconnen Property details: Council rate: $444 p/q (approx.) Strata: 797 p/q (approx.) Land tax: $490 p/q (approx.)(Investor only) Built: Year 2022 Living area: 50 m² Balcony: 8 m²

Features

1 bedroom
1 bathroom
1 carspace
50 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Belconnen over the last 12 months, the estimated median property value of 1010/2 Grazier Lane is $373k.

Median value
$373k
Estimated value range
$185k - $490k
Median days on market
46
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Belconnen. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1010/2 Grazier Lane

2026
Sold
$340,000
Private Sale/Treaty on 08 May 2026 by Eric Fan, of Ruiz Property Management

Happy sellers in Belconnen

79%
79% of sellers in Belconnen reported that their sale price either exceeded or met their price expectations.

Belconnen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 94 reviews in Belconnen over the last 12 months.

Local market activity for 1 bedroom apartments in Belconnen

In the last 12 months, 65 one-bedroom apartments similar to 1010/2 Grazier Lane, have been sold.

This represents a 30% increase in one-bedroom apartments sales when compared to the previous 12 months.

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