An Ideal Investment Opportunity with High Occupancy Rates & around 6% Return
Investors and first home buyers alike will appreciate the convenience of this well presented first floor apartment. Its location within walking distance of the Woden Town Centre, Phillip and public transport ensures high occupancy rates and a potential return of around 6%, possibly more.
The living space and main bedroom open to the covered, full length balcony. It is sheltered by a stand of deciduous trees and is a delightful, private space overlooking the central garden area, perfect for sitting out with a book or for outdoor living and entertaining.
The bright, sunny kitchen overlooks the street and includes a pantry cupboard and a new electric stove.
Both bedrooms have built in robes, the bathroom has a full bath - rare in today's more modern apartments and there is a separate laundry with space for extra storage. A single car space and storage cupboard, is located beneath the building.
General Rates: $1,407.07 pa
Land Tax: $1,681.36 pa - payable if leased
Water & Sewerage Supply: $630.82 pa
Body Corporate Levies: $2,833 pa approx.
Potential Rental: $365 - $385 pw unfurnished