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501/90 Swain Street, Gungahlin, ACT 2912 For Sale
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501/90 Swain Street, Gungahlin, ACT 2912

$350,000+

Apartment
Type
2
Bedrooms
1
Bathrooms

Last updated on Saturday, July 25, 2026 ( See property details for 501/90 Swain Street, Gungahlin, ACT 2912)

$350,000+

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, secure, and well-located two-bedroom apartment offering excellent rental income and resort-style amenities in Gungahlin.

🏡 Property Highlights

  • Secure lease in place until April 2027 with attractive rental yield of approximately 6.21%
  • Modern two-bedroom apartment with spacious open plan living and private balcony
  • Resort-style amenities including heated lap pool, spa, gym, rooftop cinema, and BBQ facilities
  • Prime location within walking distance to Gungahlin Marketplace, cafés, restaurants, and Light Rail
  • Separate secure storage cage enhancing convenience for residents and tenants
  • Contemporary design with stone benchtops, quality appliances, and built-in wardrobes

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Balcony
  • Gym
  • Security Screens / Gates
  • Fly Screens
  • Water tank
  • Pet-Friendly
  • Fully fenced

Gungahlin is a vibrant suburb renowned for its excellent amenities, strong community atmosphere, and convenient access to Canberra City via Light Rail. It offers a diverse range of cafes, restaurants, shopping precincts, and recreational facilities, making it highly desirable for residents and investors alike. The area benefits from ongoing development and infrastructure improvements, ensuring sustained growth and rental demand.

What are the key features of this apartment?
This apartment features two bedrooms with built-in wardrobes, a modern kitchen with stone benchtops and quality appliances, a private balcony, resort-style amenities including a heated lap pool, spa, gym, rooftop cinema, and communal BBQ areas.
Is the property currently leased and for how long?
Yes, the property is currently leased at $430 per week until 16 April 2027, providing secure income for investors.
What is the rental yield and purchase price?
The property offers an approximate gross rental yield of 6.21% based on a purchase price of $360,000.
What amenities are available within the development?
Residents have access to a heated lap pool, spa, fully equipped gym, rooftop open air cinema, communal dining and entertaining areas, and BBQ facilities.
How close is the property to local amenities?
The apartment is within walking distance to Gungahlin Marketplace, Woolworths, Coles, Aldi, cafes, restaurants, and the Light Rail, offering excellent connectivity and convenience.
Are there any upcoming strata or body corporate fee increases or special levies planned? Are there any restrictions or easements affecting the property? Has the property been recently renovated or does it require any repairs? Are there any planned developments or construction nearby that could impact the property? What are the long-term plans for infrastructure or zoning changes in the area? Is the property located in a flood or bushfire-prone zone? Are there any ongoing issues with noise, neighbours, or local disturbances? What are the total annual costs including rates, body corporate, and land tax? Are there any restrictions on pets or other resident policies? Has the property been inspected for pests or structural issues recently?

501/90 Swain Street, Gungahlin, ACT 2912 - More Details

$350,000+

Type
Apartment
Bedrooms
2
Bathrooms
1
House Size
57 m²

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