507/1 Watkin Street, Bruce, ACT 2617

$419,000+

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Saturday, October 17, 2026 ( See property details for 507/1 Watkin Street, Bruce, ACT 2617)

$419,000+

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

This modern fifth-floor apartment in Bruce offers a low-maintenance, convenient lifestyle with spacious interiors, a generous balcony, and excellent amenities nearby.

🏡 Property Highlights

  • Located on the fifth floor with elevator access for convenience
  • Light-filled open-plan living and dining area
  • Generous balcony accessible from main bedroom and living space
  • Two spacious bedrooms with built-in wardrobes
  • Close proximity to University of Canberra and Australian Institute of Sport
  • Communal pool and BBQ area with manicured gardens

✨ Key Features

  • Built in robes
  • Balcony
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Internal Laundry
  • Gym
  • Outdoor Area

Bruce is a vibrant suburb in Canberra’s Belconnen district, renowned for its educational institutions, sporting facilities, and convenient access to the city centre. It offers a diverse range of housing options, including apartments, townhouses, and houses, making it ideal for students, professionals, and families. The area boasts excellent amenities such as parks, walking trails, and public transport, fostering a connected and active lifestyle. With major attractions like the Australian Institute of Sport and GIO Stadium, Bruce is a dynamic community with a lively sporting and cultural scene.

What are the key features of this apartment?
This apartment features a spacious open-plan living and dining area, a generous balcony, two bedrooms with built-in wardrobes, a modern bathroom with laundry facilities, split-system air conditioning, and access to communal amenities including a pool and BBQ area.
Is the apartment suitable for first-home buyers or investors?
Yes, the apartment's low-maintenance design, excellent location, and current tenancy make it ideal for both first-home buyers and investors seeking a strong rental return.
What amenities are available within the complex?
Residents have access to a communal pool, BBQ area, manicured gardens, and elevator access for convenience.
How energy-efficient is the property?
The apartment has an Energy Efficiency Rating (EER) of 6 stars, indicating good energy performance.
What is the current rental income and lease expiry?
The property is currently tenanted until 13 February 2027 at $475 per week.
Are there any upcoming strata fee increases or special levies planned for the complex? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues? Are there any planned developments or construction nearby that could impact the property? What are the long-term plans for the communal areas and facilities within the complex?

507/1 Watkin Street, Bruce, ACT 2617 - More Details

$419,000+

Positioned on the fifth floor, this beautifully designed two-bedroom apartment delivers an effortless blend of comfort, functionality and convenience in the heart of Bruce. Offering a thoughtfully considered floorplan, light-filled interiors and a generous balcony, this residence presents an excellent opportunity for first-home buyers, downsizers or investors seeking a low-maintenance lifestyle in a highly convenient location.

The open-plan living and dining area forms the heart of the home, offering a welcoming space to relax, entertain or unwind. The adjoining kitchen is well-appointed with ample storage, generous bench space and a practical layout that connects seamlessly with the main living area. Glass doors extend the living space onto a spacious balcony, creating the perfect setting to enjoy your morning coffee or entertain guests. Both bedrooms are generously proportioned and feature built-in wardrobes, while the central bathroom incorporates laundry facilities for everyday practicality.

Perfectly positioned in the sought-after suburb of Bruce, this apartment offers exceptional convenience with an abundance of amenities close by. Enjoy easy access to the University of Canberra, Australian Institute of Sport, Canberra Stadium, Calvary Hospital and the Belconnen Town Centre, along with nearby parks, walking trails and public transport. Combining an easy-care design with a connected lifestyle, this is an outstanding opportunity to secure a home in one of Canberra's most convenient locations.

Features Overview:
- Single-level apartment on the 5th floor with elevator access
- Built in 2010
- EER (Energy Efficiency Rating): 6 stars
- NBN Fibre to the building (FTTB)

Sizes (Approx):
- Internal living: 71 sqm
- Balcony: 13 sqm
- Total residence: 84 sqm

Inside:
- Light-filled open-plan living and dining area
- Spacious kitchen with ample bench space and storage
- Two bedrooms with built-in wardrobes
- Main bedroom with direct access to the balcony
- Central bathroom with shower, vanity and toilet
- Integrated European-style laundry
- Additional internal storage cupboard
- Split-system air conditioning to the living area
- Functional single-level floorplan

Outside:
- Balcony access from both the living area and main bedroom
- Single allocated basement car space with storage cage
- Communal Pool and BBQ area along with mature, manicured gardens
- Convenient location close to the University of Canberra, Australian Institute of Sport and North Canberra Hospital
- Easy access to Belconnen Town Centre, public transport and local amenities

Development information
- Units plan number: 3496
- Name of development: Vantage
- Number of buildings in development: 124 Units
- Strata manager: Vantage Strata

Prices:
- Rates: $488.67 per quarter
- Land Tax (Investors only): $614.85 per quarter
- Water and Sewerage: $229.57 per quarter
- Currently tenanted until 13 February 2027 at $475 per week
- Strata levies: $1,312.10 per quarter

Bruce is a dynamic and well-established suburb in Canberra's Belconnen district, renowned as a central hub for education, healthcare, and elite sport. Located just minutes from the city centre, residents benefit from close proximity to the University of Canberra, ANU, North Canberra Hospital, CIT, Belconnen Town Centre, Radford College, and Jamison Centre, offering exceptional convenience for work, study, and lifestyle.

Widely regarded as Canberra's sporting capital, Bruce is home to the Australian Institute of Sport and GIO Stadium, where major events and national teams bring energy and excitement to the area. Bruce offers a mix of houses, townhouses, and apartments, providing options for different stages of life. With nearby schooling, sporting facilities, and a choice of housing, Bruce delivers a connected and highly convenient lifestyle in one of Canberra's most established precincts.

Inspections:
We are opening the home most Saturdays. However, if you would like a review outside of these times, please email us on: @[email protected]

Disclaimer:
The material and information contained in this marketing material are for general information purposes only. Stone Gungahlin does not accept responsibility and disclaims all liability for any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making formal decisions. We recommend that all interested parties make their own enquiries.

PLEASE NOTE: The current photos displayed are from before the tenancy was in place.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
84 m²

Map & nearby places — 507/1 Watkin Street, Bruce, ACT 2617

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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