14/28 West Row CITY, ACT 2601
Blue chip investment 4.6% net return - part of the Quest Apartments in West Row, City
INSPECTIONS BY APPOINTMENT
Studio apartment.
Under lease to Canberra Quest Inn to 31 January 2024 with 4% annual rent reviews.
Motel style design.
Built in kitchenette.
Desk study next to bed.
Bathroom has tasteful styling and design.
Reverse Cycle Air Conditioning.
*Rent Return*
Current Rent pa. $20,206.44
EXPENSES:
Body corporate $ 1,174.52
Rates $4,063.00
Water & Sewerage $ 664.00
City Improvement Levy $ 99.00
TOTAL EXPENSES: $5,973.52
NET RETURN: $14,232.92 approx
*Showing 4.60% net return approx.
*Subject to above calculations.
Great location in the heart of the city.
*Covid-19 protocols in place.
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Additional Features
- Built-in Robes
- Dishwasher
- Ensuite
- Intercom
- Reverse Cycle Air Conditioning
Information about this Studio
- Listed on
- Last updated
- Property typeStudio
- Land / Dev PurposeCore Zone (CZ1)
Sales History for 14/28 West Row CITY, ACT 2601
The Studio at 14/28 West Row CITY, ACT 2601 has been sold 2 times before, with the most recent sale being for $290,000 on 3 April 2023.
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Local Neighbourhood
14/28 West Row CITY, ACT 2601 has 28 schools within 5 kilometres, with the closest being Ainslie School.