Currently rented for a net return of $1,250 per week. Payments are made fortnightly in advance. Annual increase of 6%. The term from 16th November 2010 to 15th November 2013. The apartment would ideally suit a local, interstate or international investor who is looking for a luxurious apartment with strong rental return and a secure tenant in place.

The New Acton precinct is a thriving cosmopolitan area with an array of fine dining establishments, bars, beauty parlours, hairdresser and a 5 star hotel with a continual expansion of businesses into this bustling precinct.

Positioned on the 13th level the apartments offer 180 degree sweeping views, from the inspirational back drop of the Australian Alps to the tranquil waters of Lake Burley Griffin.

Upon entry to this 189sqm, three bedroom and three bathroom luxurious residence, you will immediately be awe-struck by the views through the massive glass curtain wall. As you walk in you are drawn to the large open dining and lounge room that opens up through the full height glass wall to the tiled contemporary alfresco style balconies, where one can immerse oneself in the spectacular views.

The interior blueprint has been thoughtfully designed; it is very functional and utilizes all areas efficiently. Highlights include double size bedrooms, plenty of built-in cupboards and robes, the use of quality materials.

The ApARTments were designed by a world renowned architectural firm Fender Katsalidis and built by a respected builder with a construction quality second to none. Arguably the finest apartment complex in Canberra, the sale prices achieved in this complex have reflected the quality of living that is second to none.

The ApARTments are all about creative design, iconic architecture, and a splendid display of contemporary artworks throughout such as sculptures and murals. Within the complex you have easy access to a fully equipped gymnasium, a theatrette, and a 600 square metre rooftop garden (“sky garden”).

Features:

* Stunning apartment compl