187/7 Irving Street, Phillip ACT 2606

2-bed, 1-bath, 2-car Trilogy apartment | Mid-$500ks | Strong rental yield for Woden | Suits investor or downsizer This property’s strongest buying case is its two car spaces—a genuine rarity in modern apartment complexes and a meaningful competitive edge for resale and tenant appeal. The Trilogy complex itself offers resort-grade amenities like pool and gym, which support consistent rental demand from professionals and downsizers seeking low-maintenance living. Positioned near Woden’s shopping and transport corridor, the unit suits an investor chasing a solid weekly return or an owner-occupier wanting convenience without sacrificing space for a car. The estimated rental of around $630 per week suggests a yield that outpaces many comparable units in the area. The primary risk is the body corporate levy, which in a large complex with pools and lifts can erode net returns if not carefully reviewed. Internal condition and floor position also matter here—units on lower levels or with dated fit-outs may trade at a discount to the mid-$500k guide. For a buyer, the opportunity lies in negotiating on a property that has been listed for a period, or targeting a unit with good natural light and balcony orientation. Hold this property for steady rental income and capital growth tied to Phillip’s ongoing infill development; it is not a short-term flip but a reliable long-term hold.