23/15 Hoolihan Street, Denman Prospect ACT 2611

Ground floor | east facing | private courtyard with street access | NBN FTTP and 5G This unit offers a rare ground-floor configuration in Denman Prospect, giving it a private courtyard with direct street access that most apartments in the area lack. The east-facing aspect captures morning light without afternoon heat, and the open-plan stone kitchen layout suits a downsizer or investor seeking low-maintenance living with a tangible outdoor connection. The 1.65-acre lot is a misrepresentation from the data-this is a single apartment, not a land holding-so the real edge is the unit’s positioning within a small complex, which tends to attract owner-occupiers and supports stable demand. The lack of sold history and zero recent auction clearance on Hoolihan Street signals thin market depth, meaning resale could take longer than in deeper suburbs. The rental estimate of $525 per week is credible but narrows the buyer pool to investors who can accept a 4.5% gross yield at the upper end of the value range. No bushfire or flood overlays reduce insurance friction, but the absence of heritage or development constraints also means the building has no scarcity premium. Hold this property for steady rental income or as a lock-and-leave base; it is not a short-term capital growth play.