406/38 Oakden Street, Greenway ACT 2900

Lakefront views | North-east aspect | 2-bed, 2-bath, 2-car | Top-floor positioning | Aspen development This unit presents a strong proposition for an owner-occupier seeking light and outlook, or an investor targeting a premium rental. Its north-east aspect and uninterrupted lake views are rare, permanent advantages that define its appeal and underpin long-term desirability. The dual bathrooms and car spaces align with modern expectations, making it competitive within the larger Aspen complex. It best serves a buyer prioritizing lifestyle amenity over suburban space. Proceed with the understanding that the valuation relies on limited comparable sales, creating pricing ambiguity. The sole nearby sale, a one-bedroom unit, is an inadequate benchmark, masking true market momentum. Your offer must discount for this data scarcity. Acquire for hold; the configuration supports stable tenancy, but the lack of granular suburb data necessitates a conservative bid to buffer against undiscovered market softness. A one-bedroom unit at 406/34 Oakden Street sold for $435,000 in March 2025. This older sale for a significantly smaller configuration suggests our subject property’s two-bedroom, two-bathroom format commands a substantial premium, comfortably supporting its current valuation range.