Auction Location: In Rooms | 182-200 City Walk, Canberra ACT 2601.

Most people will tell you that property investment isn't easy, and that can be true most of the time, but this one is about as easy as it gets.

Situated right on the edge of the CBD, Adina is home to both private residences and serviced apartments. These are still held by private investors, but managed through Adina, and it's one of these that has just become available.

The apartment is in exceptional condition, being professionally managed as a serviced apartment, so you can buy with confidence, and what you're getting here is a superbly positioned property with a reliable rental demand and high return. Even better, under the current arrangement this is a completely set-and-forget proposition. So you can simply watch the money come in.

This is however still a privately owned property, and the current management is on a lease, so you also have options down the road, where you could continue with current arrangement, or have something to move into yourself, or it would serve as perfect uni student accomodation.

Of course you also have everything Canberra City has to offer, as well as Braddon. And if you ever need to travel further afield, the light rail stop is just down the road.