906/2 Grazier Lane, Belconnen ACT 2617

906/2 Grazier Lane, Belconnen ACT 2617
Prime Belconnen locale | 2-bed, 2-bath, 2-car apartment | High-yield investment with sitting tenant | Walk to Westfield, UC & transport This unit presents a competitively strong investment proposition within Belconnen’s contemporary apartment market. Its configuration of two bedrooms, two bathrooms, and two car spaces is operationally efficient for the rental market, further strengthened by a current lease providing immediate income. The property serves investors seeking a low-management entry into a high-amenity precinct, with its walking-distance proximity to major retail, the university, and public transport underpinning tenant demand and capital stability. Proceed with the understanding that the moderate energy efficiency rating may impose higher utility costs over time, and the building’s high density of 374 units necessitates scrutiny of strata health and long-term maintenance schedules. The 6.38% gross yield offers clear commercial logic against the listed price, positioning this as a hold asset for cash-flow-focused investors. A Propcred report would pressure-test this valuation against recent building sales and detail locality-specific risk factors for a complete due diligence picture.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Belconnen is a well-established commercial and residential hub offering relative affordability and excellent connectivity, attracting young professionals, first-home buyers, and investors. Demand is driven by high rental yields, steady employment in nearby government and retail sectors, and proximity to educational institutions, supported by a tight rental market. Recent price corrections reflect broader interest rate sensitivity, though low sales volume indicates constrained supply. Future stability hinges on sustained rental demand and population growth, with affordability and limited stock presenting ongoing constraints.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

2921m²

Built

Recent Assessments