1403/2 Furzer Street, Phillip ACT 2606

High-floor city views | contemporary 1-bed | gym/pool complex | near Woden Plaza & colleges This unit presents a competitively strong proposition within the Phillip market, primarily due to its position in a recent development with premium communal amenities. The high-floor aspect offering city views, combined with a modern finish and direct access to a pool and gym, caters specifically to a professional or investor seeking a low-maintenance lifestyle or a high-yield rental. Its proximity to major shopping, colleges, and the hospital underpins consistent tenant demand, making it serve the investor or owner-occupier seeking convenience exceptionally well. The primary risk mechanism is the unit’s smaller internal area against the suburb median, which may cap capital growth relative to larger counterparts. However, the estimated rental yield near 6.7% presents a clear commercial opportunity for cash flow. This property is a hold for yield, not immediate speculative gain. A Propcred report would validate this valuation against recent off-market sales, detail strata health for the new complex, and assess locality risks for a complete due diligence picture. Recent sales data for one-bedroom units in Phillip shows a median price of $412,500 across 104 transactions this year. This unit’s asking price sits below this median, aligning it with market entry point while offering newer building quality.