13/1 Buninyong Street, Watson ACT 2602

2-bedroom end-apartment | built 2023 | tenanted to June 2026 | fully furnished with two car spaces The property’s end-position with only one shared wall and low-maintenance 2023 build offers a rare privacy advantage in a newer complex, which typically appeals to owner-occupiers and downsizers. The secure tenancy until mid-2026 provides immediate income certainty, while the furnished condition and two basement car spaces lift its appeal for investors targeting the professional or embassy tenant market in Watson. The proximity to light rail and parkland strengthens its rental demand base. The main risk is the rental return at $700–$720 per week sits slightly below what a newer two-bedroom with two car spaces could achieve if re-leased to a higher demographic, meaning the current tenancy caps upside until 2026. Strata combined at just over $1,050 per quarter is reasonable for a 2023 build, but the sinking fund contribution should be monitored as the complex ages. This property suits a buyer wanting a turnkey, low-effort hold with a fixed income stream, best held for medium-term capital growth in a well-located suburb.