*PLEASE NOTE THIS OFFERING CAN NOT BE LIVED IN - INVESTMENT OPPORTUNITY OR UNI STUDENT*
*This property will be shown by private inspection only*
Enter the investor market with this affordable, low maintenance 2 bedroom apartment with attractive rental returns. Become one of many satisfied investors in the Unigardens complex with a strong history of low vacancy thanks to this enviable position.
Situated within the 'UniGardens' this apartment presents an excellent cash positive investment opportunity. The apartment obtains 2 bedrooms, 2 built-in robes and a practical yet spacious bathroom that caters both rooms. The open-plan living and dining area opens to a large terrace area allowing a pleasant living space with natural light.
Boasting exceptional accessibility, with public transport right at your doorstep. It's just minutes away from renowned institutions such as the University of Canberra and the Canberra Institute of Technology, as well as popular amenities like Westfield, Belconnen Town Centre, and CISAC. This presents an ideal opportunity for an investment that requires minimal management and promises steady returns.
Features:
Currently managed by Uni Gardens.
Currently tenanted until January 31st of 2025 for $440 per week
Open plan living area
Spacious kitchen with electric appliances
Ceiling fans in the bedrooms
2 bedrooms
Covered terrace area
Facilities include a large reading room, billiards room, laundry & dining hall
Bus stop located directly out the front
Close proximity to UC, CIT, Belconnen Town Centre & CISAC
Low maintenance investment property
Affordable entry level option for investors
Key figures:
• Living: 45m2
• Balcony: 6m2
• Body Corporate: $2,848 p.a (approx.)
• Sinking Fund: $936 p.a (approx.)
• Rates: $1,440 p.a (approx.)
• Land Tax: $1,696 p.a (approx.)
• EER: 6
• Build: 2010
Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.
The Apartment at 40/101 Hennessy Street BELCONNEN, ACT 2617 has been sold 1 time before, with the most recent sale being for $245,000 on 11 April 2008.
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40/101 Hennessy Street BELCONNEN, ACT 2617 has 32 schools within 5 kilometres, with the closest being Canberra High.
40/101 Hennessy Street is located within the suburb of Belconnen, which has a population of 6,657, a median age of 30 and an average household density of 1.9 people.