56/40 Swain Street, Gungahlin ACT 2912

Presenting an excellent opportunity to embrace cosmopolitan living in a vibrant and rapidly developing suburb. Situated on the ground floor, this residence offers a thoughtfully designed open-plan layout that maximizes natural light and space. Quality finishes throughout enhance both comfort and style, making it ideal for entertaining guests or enjoying quiet relaxation.

A standout feature of this property is the expansive wrap-around courtyard measuring approximately 43 square meters. This outdoor area provides ample space for gardening, alfresco dining, or simply unwinding in a private setting-an uncommon find in apartment living. The single bedroom is well-proportioned and complemented by a modern bathroom and convenient off-street parking.

The location further adds to the appeal of this home. Positioned just a short stroll or bike ride from Gungahlin's bustling shopping and commercial centre, residents benefit from easy access to retail outlets, cafes, restaurants, and essential services. The suburb's fast-developing CBD ensures ongoing growth potential while maintaining strong connectivity options including car travel and bus routes to Canberra city. Additionally, with the upcoming expansion of light rail services nearby, commuting will become even more convenient.

Whether you are a first home buyer looking to enter the market with an affordable yet stylish option; an owner-occupier seeking low-maintenance urban living; or an investor aiming for solid rental returns in a sought-after location-this property represents exceptional value.

Don't miss your chance to secure this attractive apartment that combines lifestyle convenience with practical features in one of Canberra's most dynamic suburbs.

DISCLAIMER: This complex has taken out a $4.6 million loan for rectification works including rust remediation, waterproofing, balcony and tiling repairs, balustrade upgrades, and basement works. This loan has resulted in a loan repayment levy of approximately $2,600 per quarter (around $10,000 per annum), which is expected to continue for the next 13 years.


The Features You Want To Know…

- One-bedroom, one-bathroom, one car-space apartment
- Large wrap-around courtyard
- Thoughtfully designed open-plan layout maximizing natural light and space
- Sizable bedroom with built-in robe and access out to courtyard
- Terrific location, within the heart of Gungahlin


The Location…

+ 2-minute drive to Gungahlin Village
+ 2-minute drive to Yerrabi
+ 2-minute drive to the Yerrabi Pond District Park
+ 5-minute drive to the Light Rail Station


The Stats You Need To Know…

+ Living size: 46m2 (approx.)
+ Courtyard: 43m2 (approx.)
+ Total Build:89m2
+ Built: 2011
+ EER: 5.0
+ Water: $200p.q.
+ Rates: $438p.q. (approx)
+ Land Tax: $555p.q. (approx. applicable only when rented)
+ Body Corporate: $663p.q. (approx.)
+ Sinking Fund: $206.97p.q. (approx.)
+ Special Levy: $2,617.20p.q. (approx.)