Positioned on the 3rd floor of the sought-after Malabar Apartments (constructed in 2018), Unit 311 delivers contemporary, low-maintenance living with a functional floorplan and an unbeatable Inner North walkscore. Offered with vacant possession and ready for immediate move-in, this residence is equally suited to owner-occupiers seeking lifestyle convenience and investors targeting a high-yield (~6.1%+ gross) asset in a tightly held precinct.
Designed for practical everyday living and working from home, the apartment features 71m of internal living space complemented by an 8m covered balcony. Floor-to-ceiling double-glazed windows draw in natural light while maintaining a quiet, energy-efficient interior rated at a full 6.0 Stars EER.
Unlike compact layouts, this residence includes a dedicated built-in study nook, complete separation between the bedrooms and bathrooms, and recent mechanical upgrades including a brand-new Stiebel Eltron instant hot water system installed in May 2025.
Residence Features:
Spacious Open-Plan Living: Light-filled living and dining area flowing seamlessly onto a covered 8m private balcony.
Well-Appointed Kitchen: Stone benchtops, quality cabinetry, electric cooktop, oven, and a recently serviced Fisher & Paykel DishDrawer dishwasher.
Two Generous Bedrooms: Master bedroom complete with built-in wardrobes and private ensuite; second bedroom with built-in robes positioned adjacent to the main bathroom.
Dedicated Study Nook: Ideal built-in workspace for remote professionals or students.
Year-Round Comfort & Efficiency: Ducted reverse-cycle heating and cooling throughout, double-glazed windows, European laundry with dryer included, and a 6.0-Star EER.
Recent Upgrades: Brand-new Stiebel Eltron 27AU Plus hot water system installed in May 2025.
Parking & Storage: Secure basement car space plus a lockable storage cage with direct lift access.
Complex & Location Highlights:
Resort-style resident amenities including a heated indoor swimming pool, fully equipped gymnasium, theatre room, and landscaped rooftop barbecue garden with panoramic views toward Mount Ainslie and Black Mountain.
Directly across the road from Woolworths, the Dickson restaurant and cafe strip, the Dickson Library, and the Dickson aquatic and retail precinct.
A short stroll to the Dickson Light Rail Interchange, offering a 7-minute commute to ANU and the Canberra CBD.
Key Figures & Outgoings (Approx.):
Internal Living: 71m
Balcony: 8m (Total Area: 79m)
EER: 6.0 Stars
Year Built: 2018 (Units Plan 4535)
Strata Levies: ~$1,151 / quarter (includes building insurance & complex amenities)
General Rates: ~$550 / quarter
Water & Sewerage: ~$240 / quarter
Rental Potential: Previously leased at $635/week and appraised at $640 - $650/week (~6.1% - 6.2% gross yield at $545,000)
The information contained herein has been provided by sources we believe are reliable, however we cannot guarantee it, and all interested parties must rely on their own enquiries.
