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Overview
First Home or Ready Made Investment
This well-proportioned one-bedroom apartment, located on level two of the highly sought-after Black Diamond complex in Greenway, offers a thoughtfully designed internal living space of approximately 51 square meters, complemented by a private covered balcony of around 9 square meters overlooking a peaceful internal courtyard.
The apartment features a practical galley-style kitchen that maximizes available space, seamlessly flowing into an open-plan living and dining area that extends directly onto the protected balcony, making it usable throughout the year. The comfortable bedroom includes a built-in robe and direct access to the balcony, enhancing the living experience.
The bathroom is generously appointed and stands out as a highlight of the apartment. Additionally, a European-style laundry is conveniently tucked just inside the entryway. Secure basement parking for one vehicle and a dedicated storage cage complete the package, providing both convenience and security.
Black Diamond is the second and final stage of the acclaimed Aspen Village precinct, offering residents access to an exceptional range of resort-style amenities rarely found in one-bedroom apartments. These amenities include a 2,200 square meter rooftop entertainment space featuring an indoor-outdoor bar, BBQ and outdoor dining facilities, fire pits, private lounge areas, and a chef's kitchen and dining space, all bookable privately through the building's concierge.
Additional facilities include a heated infinity pool with a lap lane overlooking the Brindabella Mountain range, a spa and 12-person sauna with views over Lake Tuggeranong, and secure intercom and CCTV systems throughout the complex. This apartment offers a lifestyle that exceeds expectations for its price point.
Greenway is a suburb experiencing significant growth, attracting young professionals and benefiting from a vibrant and evolving town center. Oakden Street is centrally located, providing easy access to the shores of Lake Tuggeranong with flat cycling and walking paths, SouthPoint Shopping Centre—the major retail hub of Tuggeranong with supermarkets, specialty stores, dining, and entertainment options—and a variety of cafes and dining venues along nearby Anketell Street.
Educational facilities such as Lake Tuggeranong College, Bonython Primary, and other schools are within easy reach, while natural reserves like Pine Island Reserve and Urambi Hills Nature Reserve are a short drive away. The Canberra CBD is approximately 20 minutes from the location, making it convenient for commuters.
For investors, the apartment is currently tenanted on a month-to-month basis, generating a rental income of $420 per week, allowing for immediate returns from settlement without the concern of vacancy periods. Indicative major outgoings per quarter include strata fees of approximately $933, general rates of about $430, and land tax of around $481 for investors.
For first home buyers, this apartment represents a realistic and achievable entry point into the Canberra property market, with the added advantage of an existing tenant should you choose to retain them while planning your move. The lifestyle benefits of resort amenities, lakeside location, and proximity to essential services and entertainment make this an attractive home option.
Property summary includes an internal area of approximately 51 square meters, a covered balcony of about 9 square meters, level 2 internal courtyard views, one basement car space, a basement storage cage, and reverse cycle split system air conditioning.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Greenway ACT 2900
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 51 m² |
Market Insights for Greenway ACT 2900
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