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 Mlange 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 Mlange caf