Whether you are looking for your first home or first investment property, this neat studio apartment offers an affordable entry into one of Belconnen’s most popular suburbs. For the owner occupier, you can occupy without spending a cent on renovations or for the investor, this complex has a history of excellent returns and low vacancies. Currently returning over 5.5% gross!

Other features include:

Solid brick construction
Recently re-carpeted and freshly painted throughout
Updated kitchen with stainless steel appliances including dishwasher
Modern bathroom/laundry with IXL tastic
Private balcony
Covered car accommodation
Currently rented for $250.00 per week
EER 4.0

The location is excellent – a bus stop at your door, a short walk to the popular Macquarie shops and only minutes from Jamison Plaza, Belconnen Town Centre, A.N.U. and University of Canberra.

With interest rates below 5% and rental returns above 5%, now is the perfect time to invest in Canberra.

Rates: $1063.09 p.a.
Body Corp: $1808.75 p.a.
Water rates: $620.00 p.a.
Land Tax: $887.55 p.a. (investors only)