104/1 Rowland Rees Cres, Greenway ACT 2900

Bushfire overlay present | Tuggeranong school proximity confirmed | Small complex without huge amenity | FTTP included but not a price driver The bushfire overlay introduces a specific insurance and due diligence cost, and may narrow the pool of lenders willing to finance at standard terms. The 130 square metre floorplan with two car spaces competes well against newer units in the town centre which often sacrifice space for height. The lack of flood or heritage constraints is favourable but the bushfire risk must be quantified—recommend a fire risk assessment before exchange. This property suits a buyer who prioritises internal square metres and garage capacity over absolute fire safety standard comfort. The 2018 transaction at $629,000 provides a clear floor for capital growth conversation, though you have not been given a formal valuation. The 4.99% rental yield sits slightly above the Tuggeranong median, which supports the holding case for an investor. For an owner-occupier, the proximity to Lake Tuggeranong College and the quiet parkland setting are rarities in this price band—most competing stock sits on main roads or in higher-density layouts. The best next step is a physical inspection focused on the bushfire buffer zone and the condition of common property.