This excellent value apartment is part of a quiet complex situated on a desirable street in Queanbeyan.The apartment comprises one bedroom with a study nook attached. Perfect for a student or young executive. There is also a separate kitchen and living area. The apartment has recently undergone a major facelift that included new flooring throughout and upgrades to the bathroom. The double brick construction provides fantastic weather and noise insulation. The apartment is currently been let at $220/week and with a purchase price of $175,000 represents extrordinary value for the keen investor. That is a gross return of over 6.5%.