Whether you're building your portfolio or securing your first home, this ground-floor one-bedroom apartment delivers on both fronts. Currently tenanted and returning a 6.5-7.0% rental yield, it's a standout investment or, for eligible first home buyers, the ACT's new stamp duty rules (effective 1 July 2026) mean you could move in without paying a cent in duty.
Positioned directly across the road from the Mapleton Avenue light rail stop, the apartment offers effortless, low-maintenance living with quick and convenient commuting on your doorstep.
Designed for comfort and functionality, it features a light-filled open-plan living and dining area flowing into a contemporary kitchen with quality appliances and ample storage. The spacious bedroom includes mirrored built-in wardrobes, while the modern bathroom incorporates integrated laundry facilities for added convenience. Step outside to your own private courtyard - the perfect space to relax, entertain, or enjoy your morning coffee.
Property Features:
• Ground-floor apartment for easy access
• Spacious bedroom with mirrored built-in robes
• Modern bathroom with integrated laundry
• Secure undercover car space with ample storage cage
• Bright open-plan living and dining area
• Contemporary kitchen with quality appliances and ample storage
• Private outdoor courtyard
• Excellent natural light throughout
• Potential Rental Yield 6.5% - 7.0%
Conveniently located close to shops, cafés, and local amenities, and only minutes from Gungahlin Town Centre, this apartment is perfect for singles or couples seeking comfort, convenience, and lifestyle.
Specifics:
EER 6.0
Built 2015
Internal Area 42.6 m2
Rates $484.00 p/q
Levies $1230.25 p/q
Land Tax $596.12 p/q (only for investment)
Water $215.18 p/q
Currently Leased at $470 Weekly
For further information or to arrange a private inspection, please contact us at your convenience.
Disclaimer: Whilst all care has been taken to ensure accuracy, the material and information contained within are approximate only and no warranty can be given. Raine & Horne Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
