$259,000+

1 Bed  •  1 Bath  •  1 Car

Main view of Homely apartment listing, 33/1 Gungahlin Place, Gungahlin ACT 2912
Second view of Homely apartment listing, 33/1 Gungahlin Place, Gungahlin ACT 2912
Third view of Homely apartment listing, 33/1 Gungahlin Place, Gungahlin ACT 2912
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33/1 Gungahlin Place, Gungahlin ACT 2912

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$259,000+

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Apartment for saleNEW on Homely

What's around Gungahlin Place

Apartment description

“Investor Edge - Strong Yield | Post-Upgrade Building | Rare Boutique Complex”

Unit 33/1 Gungahlin Place sits within one of the few smaller developments in central Gungahlin - a sharp alternative to the high-rise towers dominating the skyline.

Priced below comparable one-bedroom apartments in Gungahlin, it offers investors a strong rental yield from day one, with major works already completed.

Building upgrades were finished in March 2025, giving buyers confidence in the structure and financial position of the complex for years to come. A special levy is fixed for the next 11 years, and while the body corporate contributions are higher than average, they reflect work that's already done - not future unknowns. The outgoing structure is clear and predictable, and already factored into the price.

The apartment itself is well-proportioned and low-maintenance, with a private balcony and secure basement parking. It appeals to a wide tenant base seeking convenient access to light rail, Yerrabi Pond, shops, gyms and medical centres, with Le Bon M�lange caf� just down the road.

This is a straightforward, yield-focused investment in a boutique complex with transparent costs and strong rental fundamentals.

Highlights
� One bedroom, one bathroom apartment in a boutique development
� Secure basement car space with lift access
� Private balcony with a functional open-plan layout
� Modern kitchen with quality appliances
� Reverse-cycle air conditioning for year-round comfort
� Building upgrades completed March 2025
� Special levy fixed for 11 years, already factored into pricing
� Under-market entry price with strong rental yield potential
� Walkable to light rail, Yerrabi Pond, shops, gyms and amenities
� At the top of the street meters away from Le Bon M�lange caf�

Building details

Area: 483.095808m²
Energy Rating: 6

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33/1 Gungahlin Place, Gungahlin ACT 2912
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