808/19 Marcus Clarke Street, City ACT 2601

3 bed city apartment | 126m² generous floorplan | industrial design with lake views | 2 car spaces in tight market This property sits in a narrow segment of the City market where floorplan size, parking count, and outlook converge. At 126m² with two car spaces, it competes directly against much smaller new-build units and offers a configuration that owner-occupiers and long-hold investors will find scarce. The industrial design and panoramic lake aspect give it a point of difference that should reduce time on market relative to the suburb average of 102 days. This unit suits buyers who prioritise space and light over absolute price-per-square-metre efficiency. The primary risk is the block’s low growth history – unit 409 in the same building returned only 0.14% annual growth over 13 years. Combined with the block’s $17.1M unimproved value and high rates, this property carries a cost-to-hold that demands either strong rental income or a long time horizon to break even on capital gains. The suburb’s 24.2% growth is misleading if the building itself has underperformed. For a buyer, the commercial logic is to negotiate firmly below the comparable $1.015M sale of unit 1303, target a yield above 5% through furnished leasing, and treat this as a lifestyle hold rather than a short-term flip.