318/27 Lonsdale Street, Braddon ACT 2612

Prime location in Braddon’s sought-after Palko complex | oversized 67sqm layout with balcony and terrace | strong rental yield potential above 5% | premium finishes and mountain views This unit occupies a genuinely rare position in Braddon’s market—the 67sqm internal floorplan plus two outdoor spaces is significantly larger than the typical one-bedroom offering, and the 6-star energy rating combined with double glazing means lower ongoing costs and better comfort. The study nook, built-in entertainment unit, and quality Smeg fit-out make it a property that competes with entry-level two-bedroom apartments in feel, without the price tag. It suits owner-occupiers who want a genuine home rather than a box, and investors targeting tenants willing to pay a premium for space and energy efficiency. The main risk is the body corporate fees at over a thousand dollars per quarter, which eats into net yield and could deter budget-conscious buyers. The building’s 70% owner-occupier ratio is a stabilising factor, but recent sales in the complex show modest capital growth of two to three percent annually—this is not a short-term flip. The opportunity lies in holding for steady rental income at five-point-three to five-point-six percent gross yield, with the terrace and views giving it a differentiation edge over competing listings. Buy it as a long-term hold, not a speculation.