12/47 Abena Avenue, Crace ACT 2911

Studio apartment with parking | Light and spacious first-floor unit | Near Crace village centre | No bushfire or flood overlays This unit presents a competitively strong offering for an entry-level buyer or investor, given its rare inclusion of a dedicated car space—a significant utility premium for a studio configuration. Its position within a short walk to local retail hubs and within priority catchments for several well-regarded schools anchors its fundamental demand from both young professionals and small households. The absence of environmental overlays removes a material due diligence risk. Proceed with the understanding that the strata lot land allocation implies body corporate governance is your primary land interest, costing you control over major capital decisions. The current listing price sits below estimated market valuation, indicating a potential acquisition advantage. This property is best held as a long-term rental, leveraging its reliable connectivity and low-maintenance format for stable yield while banking on Crace’s ongoing maturation.