218/1 Kalma Way, Campbell ACT 2612

Premium 2-bed in boutique complex | 95m² internal with 22m² balcony | Double parking + storage | Danish design with parkland views | Near Russell & CBD This unit presents a competitively strong proposition due to its above-standard size and premium specification within a low-turnover building. The 95 square metre internal area, dual car spaces, and substantial storage exceed typical two-bedroom apartment offerings in Campbell, directly serving professionals seeking low-maintenance living with space parity to a townhouse. Its Scandinavian-inspired finishes and Mount Ainslie aspect cater to a buyer prioritising design and outlook, while the recent rental listing demonstrates immediate income capability in a sought-after location near major employment hubs. The decision hinges on reconciling the premium ask against a soft unit market, evidenced by a 19% auction clearance rate. Strata fees, while unspecified, add a mandatory cost layer against the estimated 4.8% gross yield. Acquire this property as a long-term hold to capitalise on its size advantage, which will retain appeal amid smaller new stock. For a precise valuation and to assess locality risks like future strata levies, a PropCred report provides the necessary commercial due diligence. Recent suburb sales data indicates a measured market. Six properties recently sold in Campbell with a median around $700,000, while units average 47 days on market. This context suggests the listed price requires justification through the property’s tangible size and quality advantages over standard stock.