87/39 Mcintyre Street, Narrabundah ACT 2604

2-bedroom, 2-bathroom, 2-car apartment | Kiara complex | Narrabundah College priority zone | 80% owner-occupied building The buying case here rests on the unusual combination of a dedicated two-car space within a high owner-occupier building, which directly reduces tenant turnover risk and supports capital stability. The property sits in a priority enrolment zone for Narrabundah College, a strong secondary school, and the block’s 1.38-hectare site offers a rare land-to-unit ratio that buffers against future oversupply. This unit suits a professional couple or downsizer seeking low-maintenance living with genuine parking convenience, not an investor chasing yield. The primary risk is the absence of individual sales history, which means the buyer must rely on the block-wide valuation range of $640,000–$840,000 and the building’s 15 recent sales for price anchoring. The 0% auction clearance rate in the suburb signals soft demand for similar stock, so the buyer should negotiate hard on the $749,000+ asking price. The fibre internet and 5G coverage are marginal perks. Hold this property as a long-term owner-occupier residence to maximise the owner-occupied building advantage and avoid land tax triggers.