Welcome to 79/122 MacArthur Avenue Turner

Positioned in the architecturally designed development The Residence, this modern one-bedroom apartment presents an outstanding opportunity for investors seeking a high-yield, low-maintenance property in one of Canberra’s most consistently performing suburbs. With its premium Inner-North location and strong rental appeal, this property offers immediate income potential and long-term capital growth.

Ideally situated just 100 metres from the light rail and within walking distance to the CBD, ANU, Braddon, and Dickson, this is the ultimate ‘set and forget’ investment. Whether tenanted by a student, professional, or city commuter, the location ensures consistent demand and minimal vacancy. It also presents an excellent opportunity for short or long-stay Airbnb accommodation, tapping into Canberra’s year-round visitor market.

The open-plan layout maximises space and natural light, flowing to a generous balcony perfect for urban living. Inside, tenants will enjoy a high-end kitchen complete with SMEG appliances, stone benchtops, and sleek cabinetry. A full-sized bedroom with built-in robe, a dedicated study nook, and a stylish bathroom with European laundry all add to the apartment’s functionality and appeal. Additional features such as double glazing, split system heating/cooling, LED lighting, intercom access, and a communal rooftop garden further enhance the property's desirability and lifestyle offering.

For the astute investor, this apartment represents a perfect blend of modern design, blue-chip location, and long-term rental stability. With high demand from quality tenants and low ongoing maintenance, this is a smart acquisition in a thriving city-fringe setting.

Current long term rental estimates place yearly income $25,480* (approx.)
Current AIRBNB forecasts place yearly income between $46,322 to $59,533* (approx.)

Features Include:
- Architecturally Designed
- One bedroom featuring built-in robe
- Generous sized study
- Located on Level 8
- Brand new
- Light colour scheme
- Quality SMEG dishwasher, induction cooktop, and oven
- Open plan living and dining (carpeted space)
- Split system reverse cycle air conditioning
- Intercom access
- Double glazed windows and doors throughout
- LED lights throughout
- Spacious balcony
- Generously sized kitchen with stone benchtops, tiled splashback and ample storage
- European laundry
- Communal rooftop garden with panoramic views
- 100m walk to light rail
- Desirable inner-city location
- A stone's throw from the City CBD, ANU, cafes, restaurants and popular bars

EER: 6.0 stars
Living: 59m2 (approx.)
Balcony: 9m2 (approx.)
Rates: $1,904.22 per annum (approx.)
Land Tax: $2,404.51 per annum (approx.) - only paid by investors
Body Corporate: $1,884.08 per annum (approx.)
Rental Appraisal: $470 - $520 per week (approx.)

*The rental estimates provided are indicative only and are based on current market conditions at the time of preparation. They are subject to change and should not be relied upon as a guarantee of future rental income. We recommend conducting your own due diligence or seeking independent advice before making any financial decisions. An independent Airbnb Report, prepared by a specialised short-stay agency, is also available on request to assist with your assessment.