7/74 Macleay Street, Turner ACT 2612

North-facing elevated flat | 2010 build with car & garage | Priority school catchments | Light rail proximity This unit presents a competitively strong offering for an entry-level buyer or investor, defined by its practical configuration and scarcity of dual parking in a modern block. Its north aspect and elevated position enhance liveability, while priority enrolment to in-demand schools anchors long-term demand. The property serves a buyer seeking a low-maintenance foothold in a connected locale with reliable rental appeal. The primary risk is the ambiguous land size figure, indicating a strata title where costs and control are shared. This necessitates scrutiny of strata health and capital works plans. The wide asking range suggests vendor uncertainty; a disciplined purchase near the lower estimate preserves equity. Acquire as a long-term hold, leveraging its rental yield to service debt while benefiting from capital growth in a tightly held suburb. Comparable sales data is insufficient for a robust analysis. The only relevant transaction is the unit’s own last sale in August 2019 at $372,500. This historical point, against current asking prices of $425,000-$480,000, indicates market appreciation but offers no direct comparison to similar recent sales, underscoring the need for independent valuation.