4/3 London Circuit, City ACT 2601

High rates | thin yield | small unit | central Canberra | check floor plan fit This property carries two material cost mechanisms that compress buyer returns. The residential rates at roughly $157,000 represent an unusually high fixed holding cost for a one-bedroom unit, and land tax above $344,000 if rented directly shifts the rental yield below market-viable thresholds. The commercial logic holds only if you intend to occupy and hold long term, absorbing these costs into personal use value. The judgment is clear: this is a lifestyle purchase, not an investment grade unit. The competitive strength here is location and land content. The unit sits on a 1.71-acre block in central Canberra, giving it positional scarcity that few one-bedroom apartments command. The key features—secure parking, pool, fibre broadband, and 5G—support a convenience profile that suits a professional single or couple working in the city. The property serves best as a long-term owner-occupied base, not a rental hold. If the floor plan works for your daily use, the buying case rests on land position and amenity stability, not yield or capital growth from rental arbitrage. To move forward, cross-check the floor plan dimensions with the stated square metreage and confirm EER rating against your comfort requirements before any offer consideration.