1303/1 Grazier Lane
Belconnen, ACT 2617

Currently tenanted under a periodic lease at $600 per week, this apartment offers flexibility for investors and future owner-occupiers. Located in the vibrant centre of Belconnen, this impressive two-bedroom, two-bathroom apartment with two secure car spaces presents an outstanding opportunity for homeowners and investors alike. The residence combines a high-floor position, desirable north-facing orientation, premium inclusions, and unbeatable convenience, delivering an ideal balance of lifestyle and practicality in one of Canberra's most dynamic districts.

Whether you seek a comfortable modern home or a high-performing investment, this apartment is an exceptional opportunity in a location that continues to grow in popularity. Positioned on the 13th floor, it features a beautiful north-facing balcony that welcomes abundant natural light throughout the day, creating a warm and inviting interior environment and enhancing the sense of openness and space within the home.

With an internal living area of approximately 83 square meters, the apartment offers a noticeably more generous layout than many typical two-bedroom apartments in the area. This additional space creates a comfortable and airy atmosphere, allowing the living areas and bedrooms to feel open, practical, and highly liveable.

The generously sized living and dining area forms the heart of the apartment, providing a comfortable and versatile space perfect for everyday living, entertaining guests, or unwinding after a long day. Large windows and quality drapes throughout enhance both comfort and privacy while allowing natural light to flow effortlessly into the living areas, resulting in a bright, airy home that feels welcoming and relaxing.

The contemporary kitchen has been thoughtfully designed to balance functionality with style. Equipped with high-quality European SMEG appliances, it offers reliability and refined aesthetics. Features include premium SMEG kitchen appliances, a modern cooktop, quality cabinetry, ample bench space for food preparation, and a practical layout ideal for everyday cooking.

The development offers an outstanding range of lifestyle amenities designed to create a vibrant and enjoyable living environment. Residents have access to a swimming pool, fully equipped gym, BBQ entertaining areas, an indoor communal kitchen and dining space, and a private residents' cinema. These amenities provide wonderful spaces to relax, socialise, and entertain, fostering a sense of community and lifestyle rarely found in standard apartment living.

The location is a key highlight of this property. Situated in the centre of Belconnen, daily life becomes effortlessly convenient with everything needed just moments away. Directly beneath the building is a vibrant selection of shops and dining options including a Metro supermarket, an Asian grocery store, a Korean restaurant, a café, and a bubble tea shop, making everyday errands and dining incredibly easy.

Just a short stroll away is the beautiful Lake Ginninderra, only two minutes from the front door. The lake offers scenic walking paths, open green spaces, and peaceful water views, perfect for morning walks, evening strolls, or weekend relaxation.

Additional conveniences include approximately a 2-minute walk to Lake Ginninderra, a 10-minute walk to Westfield Belconnen shopping centre, a 3-minute walk to the Belconnen Bus Interchange, and around 15 minutes by car to Canberra CBD. With shopping, dining, recreation, and public transport all within walking distance, this location supports a modern, low-maintenance lifestyle.

Beyond lifestyle and location, the apartment delivers excellent practicality. It includes two secure underground car spaces, a highly valuable feature in apartment living, along with a dedicated storage cage in the basement car park, providing ample room for additional belongings, bicycles, or seasonal items. These thoughtful additions ensure convenience and flexibility for modern households.

Belconnen remains one of Canberra's most popular and rapidly evolving districts, attracting strong demand from both renters and owner-occupiers. The property is capable of achieving an estimated rental return of approximately $600 to $650 per week, presenting an appealing opportunity for investors seeking stable rental income and long-term growth potential.

Combined with its central location, quality building amenities, and desirable floorplan, this apartment represents a smart and secure addition to any property portfolio.

Key Features:

• Generous 83sqm internal living area – significantly larger than the average two-bedroom apartment
• High-floor position on Level 13 with a bright north-facing balcony
• Spacious two-bedroom, two-bathroom layout designed for comfortable modern living
• Premium SMEG kitchen appliances with stylish finishes throughout
• Two secure underground car spaces plus a separate storage cage
• Resort-style facilities including swimming pool, gym, BBQ areas, and private cinema
• Vibrant Belconnen location with Metro supermarket, Asian grocery, and dining right downstairs
• Walking distance to Lake Ginninderra, Westfield Belconnen, and the Belconnen Bus Interchange

Property details:

• Internal area: 83 m²
• Balcony: 8 m²
• Strata: $947 per quarter (approx.)
• Rates: $370 per quarter (approx.)
• Energy Efficiency Rating (EER): 6.0