64/41 Chandler Street, Belconnen ACT 2617

64/41 Chandler Street, Belconnen ACT 2617
Top-floor corner unit | town-centre views | compact efficient floorplan | strong rental yield potential This property offers a rare combination of a top-floor position with expansive views over Belconnen town centre, which commands a premium in the local apartment market. The 62-69mยฒ floorplan is efficient for a one-bedroom unit, and the inclusion of a garage rather than a car space adds practical value where secure parking is scarce. The modern fit-out, air conditioning, and built-in wardrobes reduce immediate maintenance needs. This unit suits an investor seeking a low-maintenance holding with above-average rental demand, or a first-home buyer wanting a lock-and-leave position near amenities and transport. The primary risk is the 1.9-acre lot size, which likely reflects shared strata land rather than exclusive use, so buyers should confirm body corporate fees and sinking fund health. The estimated rental return of $490 per week against a mid-$400,000 valuation indicates a gross yield near 6%, which is competitive for Canberra but assumes vacancy risk in a softening market. The property sits in a quiet pocket with garden access, which differentiates it from denser developments, and the NBN FTTP connection supports remote work. Hold this unit for steady rental income or as a downsizerโ€™s base with low upkeep.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 64/41 Chandler Street, Belconnen ACT 2617
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.9 acres

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat