178/20 Allara Street, City ACT 2601

Top-floor corner unit | north-west aspect to Black Mountain | compact efficient footprint | 6% yield in a 2.4% growth suburb This property offers a rare combination of a top-floor position and unobstructed north-west views in a central City complex, which typically commands a premium over lower-floor units. The 60 sqm internal space is efficient rather than generous, but the separate garage and secure parking add genuine utility for an owner-occupier who values convenience. The 6-star energy rating and ducted reverse-cycle air conditioning reduce ongoing costs, and the 6% rental yield is strong for the location, making this viable for an investor targeting cash flow rather than speculative capital gain. The unit suits a professional single or couple who prioritise location and low-maintenance living over space. The main risk is the suburb’s modest 2.4% growth rate, which suggests this property will not outperform the broader market in capital appreciation. The body corporate of $955 per quarter is moderate but should be reviewed for any upcoming special levies given the building age. Land tax at $475 quarterly adds to holding costs for investors, reducing net yield to roughly 5.2%. The compact layout limits appeal to families or those needing separate work-from-home space. Hold for steady rental income or occupy for lifestyle convenience; do not expect short-term capital gains.