506/34 Oakden Street, Greenway ACT 2900

New complex | lake & mountain views | two parking | high floor premium | strong rental absorption This unit presents a competitively strong proposition due to its specific configuration and positioning. The combination of two car spaces, a high-floor placement with views, and a brand-new build in a nature-fringe location is rare for the price point. It serves an owner-occupier seeking modern convenience with outdoor access, or an investor capitalizing on demonstrated rental demand in a complex with immediate amenity. The premium over the cited comparable valuation is directly attributable to these tangible features. The primary decision risk is paying a ‘new build premium’ without verified comparable sales to anchor its true market value, compounded by unknown strata costs which can materially impact holding costs. The opportunity lies in securing a scarce, high-specification unit in a tight rental sub-market. Acquire for a long-term hold to amortize the upfront cost. A Propcred report would specifically benchmark this property’s asking price against validated sales, audit the body corporate records for financial health, and assess locality-specific exposure for a comprehensive due diligence. * A comparable unit at 34 Oakden Street has an estimated value of $500,000. It shares the same core configuration of two bedrooms, two bathrooms, and two car spaces. * This suggests the subject property’s higher asking price is primarily justified by its superior floor level, views, and newer finishes, representing a quantifiable premium for enhanced livability.