Recently rented out until early March 2015 this 3 bedroom apartment represents a fabulous opportunity to investors whilst still being available to live in just after the new year! And our owner wants to sell-NOW.
Set at the peaceful rear of a resort style complex just moments from Kaleen Plaza and a short walk from University of Canberra, it’s also only one short bus ride to Belconnen Town Centre and the city. Always popular with tenants this apartment rents easily and has nothing to do in terms of maintenance.
With both a bathroom and en suite bathroom it provides rental flexibility and family convenience. Remembering that if you buy a place for $400,000 you’d expect, by the old rule of thumb, to achieve $400 a week in rent, this represents great returns with a rent of $375-385 per week the current situation.
Sure, there are plenty of new units in Belconnen and the City. But dollar for dollar you’ll be hard pressed to find a spacious 3 bedroom, 2 bathroom, secure parking apartment that is better located and even close to this price.
Our owner’s instructions are clear: SELL NOW.
Call today to book an inspection.