7/2 Trist Street
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About this property
Whether you're building your portfolio or securing your first home, this ground-floor one-bedroom apartment delivers on both fronts. Currently tenanted and returning a 6.5-7.0% rental yield, it's a standout investment or, for eligible first home buyers, the ACT's new stamp duty rules (effective 1 July 2026) mean you could move in without paying a cent in duty. Positioned directly across the road from the Mapleton Avenue light rail stop, the apartment offers effortless, low-maintenance living with quick and convenient commuting on your doorstep. Designed for comfort and functionality, it features a light-filled open-plan living and dining area flowing into a contemporary kitchen with quality appliances and ample storage. The spacious bedroom includes mirrored built-in wardrobes, while the modern bathroom incorporates integrated laundry facilities for added convenience. Step outside to your own private courtyard - the perfect space to relax, entertain, or enjoy your morning coffee. Property Features: Ground-floor apartment for easy access Spacious bedroom with mirrored built-in robes Modern bathroom with integrated laundry Secure undercover car space with ample storage cage Bright open-plan living and dining area Contemporary kitchen with quality appliances and ample storage Private outdoor courtyard Excellent natural light throughout Potential Rental Yield 6.5% - 7.0% Conveniently located close to shops, cafés, and local amenities, and only minutes from Gungahlin Town Centre, this apartment is perfect for singles or couples seeking comfort, convenience, and lifestyle. Specifics: EER 6.0 Built 2015 Internal Area 42.6 m2 Rates $484.00 p/q Levies $1230.25 p/q Land Tax $596.12 p/q (only for investment) Water $215.18 p/q Strata $1,230,25 Currently Leased at $470 Weekly For further information or to arrange a private inspection, please contact us at your convenience. 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. Raine & Horne Gungahlin 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 Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 53 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Franklin
This 1-bedroom apartment in Franklin, ACT 2913 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $505,000 median of 62 comparable apartmentswithin 5 km.
Schools near Franklin
- Franklin Schoolprimary · K-6 · CoEd
What's nearby
- Flemington Road after Manning Clark Crescent (bus) — 135 m away
- The ReCyclery — 358 m away
- Unnamed — 102 m away
- Gubur Dhaura — 338 m away
- Unnamed — 453 m away
Franklin at a glance
Full suburb profile- Population
- 7,484
- Median age
- 30
- Household income
- $2,383/wk
- Median rent
- $460/wk
- Median mortgage
- $1,885/mo
Source: ABS Census.
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Suburb market
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Franklin price trend
Median sold · Unit 1 bed
Compound growth -0.2% / yr over 4 yrs
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1 price change recorded for this property
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