12/27 Leahy Close

Stylish Apartment, Stunning Views - Priced with Future Works in Mind

Perched on the top floor of the boutique “Lorient” complex, this beautifully renovated apartment offers sweeping 180-degree views and a light-filled, modern interior. With a spacious layout and stylish finishes, it’s a rare opportunity to secure a premium property in a tightly held location-just moments from Manuka, Kingston, and Woden. Whether you’re looking to invest or settle in, this home delivers lifestyle appeal with long-term potential.

Inside, you’ll find two generous bedrooms, two bathrooms, and an open-plan living space that flows onto an oversized balcony-perfect for entertaining or unwinding with panoramic views. The kitchen is a standout, featuring stone benchtops, quality appliances, and ample storage. Engineered ash oak flooring and plantation shutters add warmth and sophistication, while the master suite includes a luxurious ensuite and built-in robes.

It’s important to note that the building is undergoing review for structural remediation. Preliminary assessments have identified areas requiring attention, including slab reinforcement, concrete spalling, and balcony drainage, along with skylight leaks. The Owners Corporation is actively investigating these matters, with a staged rectification plan under consideration. Further construction costs will be confirmed following the tender process. A healthy sinking fund is in place, and current strata fees reflect the proactive approach being taken.

* Spacious two-bedroom, two-bathroom layout in a boutique complex of only 24 units
* Modern kitchen with stone benchtops, full-sized pantry, quality appliances, and ample storage
* Engineered ash oak floorboards and plantation shutters for style and light control
* Light-filled bedrooms with built-in robes; master features a luxurious ensuite
* Oversized balcony perfect for relaxation or entertaining with sweeping views
* Ideally located near Manuka, Kingston, Woden Shopping Plaza, and Canberra Hospital
* Zoned for top schools like Red Hill Primary, Canberra Grammar, and Narrabundah College
* Convenient single car space
* Currently tenanted until September 2025 at $550/week

Building & Financials:

* Built in 1994; structural remediation required to meet current codes
* Issues include slab reinforcement, concrete spalling, balcony drainage, and skylight leaks
* Estimated project management and assessment costs: $76,000–$96,000 (covered by Owners Corporation)
* Further construction costs to be confirmed post-tender
* Sinking fund: $322,000 | Admin fund: $75,000

Strata: $2,321pq (approx.)
Rates: $697pq (approx.)
Land Tax: $983pq (approx., if rented)
EER: 4.0

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra