62/40 Kings Canyon Street

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About this property

Perfectly positioned for effortless access between Gungahlin and the City, this stylish two bedroom apartment delivers easy care living with superb convenience. Set in a popular estate just moments from parks, schools, shops, cafés and the Light Rail, it's an ideal first home or set and forget investment backed by a secure tenancy. Bathed in natural light thanks to its prized north facing corner position, the home offers a bright and inviting atmosphere throughout. The open plan living and dining area flows to a private balcony, an excellent extension of your living space while the modern stone topped kitchen features gas cooking, stainless steel appliances and excellent storage. Both bedrooms are generously proportioned with built-in robes, including a spacious master suite with its own ensuite. Thoughtful inclusions such as reverse cycle heating and cooling, a European laundry, and a secure single garage with additional storage ensure comfort and practicality year round. The property is currently leased at $540 per week until 25 June 2026, providing excellent rental security for investors seeking strong and stable returns from day one. - Two oversized bedrooms - Spacious master suite - North facing living areas, balcony and main bedroom - Light filled open plan living and dining - Modern kitchen with stone bench tops, gas cooktop, oven & dishwasher - Sleek main bathroom with quality fixtures - Reverse cycle heating and cooling - Private balcony ideal for relaxing or entertaining - European laundry - Single lock up garage - Peaceful, single level residence located on the first floor - Energy Efficiency Rating: 4.0 Location Highlights:- - Short walk to local parks, schools, shops and cafés - Moments to the Light Rail transport system - Easy access to Gungahlin Town Centre and Canberra City Recent Comparable Sales:- - 61/40 Kings Canyon Street Harrison - $465,000 - 59/64 Kings Canyon Street Harrison - $465,000 - 5/84 Kings Canyon Street Harrison - $473,000 - 58/64 Kings Canyon Street Harrison - $480,000 - 55/64 Kings Canyon Street Harrison - $485,000 Brief Summary:- - Year Built: 2012 - Internal Living: 67 sqm - Covered Balcony: 9 sqm - Garage: 21 sqm (approx.) - Total Area: 97 sqm - EER: 4.0 - UV: $65,520 (2025) - Rates: $392.75 per quarter. (approx.) - Land Tax (Investors): $423.25 per quarter - Strata Fees: $360.36 per quarter - Sinking Fund: $395.70 per quarter - Total Body Corp. $756.06 per quarter (Strata & Sinking) - Current Rent: $540 per week (leased until 25 June 2026) Offering convenience, sunshine and an easy lifestyle, 62/40 Kings Canyon Street is a standout opportunity for first home buyers, downsizers or investors seeking strong rental return and long-term value in a thriving Gungahlin location. Disclaimer: Whilst all care has been taken to ensure accuracy, the material and information contained within are approximate only and no warranty can be given. MARQ Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.