702/2 Grazier Lane
Belconnen, ACT 2617

Welcome to 702/2 Grazier Lane, Belconnen, a well-positioned one-bedroom apartment that offers an ideal blend of convenience, lifestyle, and investment potential in one of Canberra's most rapidly developing and vibrant districts.

Located within the highly desirable Grazier Lane precinct, this apartment is an excellent opportunity for first-home buyers, downsizers, professionals, and investors. It features a practical and spacious floorplan, a bright living area, and access to a range of nearby amenities, making it an example of low-maintenance urban living at its finest.

The apartment is currently vacant, allowing immediate occupancy or leasing, providing flexibility for buyers.

Exceptional Location

Grazier Lane has quickly become a popular lifestyle precinct in Belconnen, known for its convenient location, lakeside atmosphere, and vibrant community. Essential services and lifestyle options are within easy reach, including:

• Metro supermarket for everyday grocery needs
• Asian grocery store for additional shopping convenience
• Several popular cafés and restaurants
• Casual dining and takeaway options

Beyond the building, the location offers:

• Approximately a 3-minute walk to Lake Ginninderra
• Approximately a 7-minute walk to Westfield Belconnen shopping centre
• Approximately a 10-minute drive to Canberra CBD

Lake Ginninderra provides scenic walking paths, waterfront dining, and open spaces ideal for morning walks, evening strolls, or weekend gatherings. Westfield Belconnen offers extensive retail options including supermarkets, fashion outlets, cinemas, cafés, and restaurants, all within walking distance. The location also benefits professionals and students with easy access to the CBD and employment hubs, making daily commuting practical.

Smart and Comfortable Design

The apartment features a highly functional, square-shaped layout that maximizes usable space and creates a comfortable living environment. Unlike many smaller one-bedroom apartments, this home offers a genuinely spacious and open living area, allowing flexible furniture arrangements and everyday living comfort. The layout flows naturally between the kitchen, dining, and lounge areas, enhancing the sense of openness.

The living room opens seamlessly onto the balcony, providing excellent indoor-outdoor connection and natural airflow. Both the bedroom and living area face west, capturing warm afternoon sunlight that creates a bright and welcoming atmosphere. This natural light adds warmth and character, making the living spaces especially comfortable and relaxing.

The bedroom is generously sized and includes built-in storage, while the bathroom is modern, practical, and easy to maintain. Overall, the apartment offers a practical, comfortable, and efficient home with no wasted space.

Vacant and Ready for Immediate Move-In

Flexibility is a valuable feature in today's market, and this property delivers just that. Being vacant, buyers can move in immediately without waiting for tenancy periods to end. Owner-occupiers can settle in and enjoy the lifestyle straight away, while investors can lease the property immediately. The estimated rental return is approximately $500 per week, reflecting strong rental appeal due to the location, transport access, and surrounding amenities.

Belconnen continues to experience strong rental demand because of its proximity to the city, universities, and major employment hubs, making this a smart long-term investment opportunity.

Low-Maintenance Lifestyle with Long-Term Appeal

This apartment is ideal for buyers seeking a lock-up-and-leave lifestyle with minimal maintenance and maximum convenience. Whether you are a first-home buyer, a professional seeking an easy commute, a downsizer wanting convenience, or an investor looking for strong rental demand, 702/2 Grazier Lane represents a compelling opportunity in a location that continues to grow in popularity.

The combination of lifestyle convenience, lakeside living, transport connectivity, and practical apartment design makes this property an outstanding choice in Canberra's current market.

Key Features

• One bedroom
• One bathroom
• One secure car space
• Vacant and ready for immediate move-in or leasing
• Spacious and practical square-shaped floorplan
• Large, light-filled living area with seamless balcony access
• West-facing living and bedroom with excellent afternoon sunlight
• Approximate 3-minute walk to Lake Ginninderra
• Approximate 7-minute walk to Westfield Belconnen
• Estimated rental return of approximately $500 per week

Additional Property Details

• Council rate: $430 per quarter (approximate)
• Strata fees: $631 per quarter (approximate)
• Land tax: $510 per quarter (approximate, investor only)
• Built in 2022
• Living area: 50 square meters
• Balcony area: 9 square meters