6/9 Fitzroy Street, Forrest ACT 2603

3 bed 2 bath 2 car | 175 m² floorplate | Built 2001 | Forrest inner-south walkability | Moderate yields and longer sales cycle This apartment’s principal strength is its uncommon 3/2/2 format with a large internal area, which is rarely offered in Forrest’s apartment market. The 2001 construction has been maintained as part of a secure complex with basement parking, visitor parking, and landscaped grounds, and the location is walkable to Manuka, Barton, and strong school catchments. It is best suited to downsizers and executive owner-occupiers who want full-size accommodation without a detached house. The configuration also gives it a distinct position against smaller one- and two-bedroom units, making it a low-competition buy when it does come to market. Holding costs may be considered a material factor, as unusually high rates and land tax are recorded for this building group and can reduce net returns. Resale speed has historically been slow, so patience may be required. Apartment size and secure parking are expected to support value, while presentation and common-area condition may influence price more than broad market movement. The mixed-use street context could temper some buyer interest. >> Comparable Sales: Unit 5 at the same complex sold for $985,000; Unit 18 sold for $950,000 | Property Price Band: $900K–$1.0M | Value Drivers: large 3-bed layout, secure parking, condition and presentation