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Be ahead of the rest with My Zango

48/101 Hennessy Street
BELCONNEN ACT 2617
$199,000

48/101 Hennessy Street BELCONNEN, ACT 2617

Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

High rental yield of 8.88% providing the perfect investment opportunity!

UniGardens is located in the heart of Belconnen, with public transport at the front door and only minutes away from University of Canberra, Belconnen Town Centre, Belconnen Markets and CISAC. This property provides a unique opportunity to set and forget, having on site management, a high gross rental yield of 8.88% and no vacancy for over 4 years. This is a property you will want to keep in your portfolio for years and years to come.

The 1-bed studio apartment comes fully furnished and is complete with kitchen, bathroom and built in robes. This is an attractive investment opportunity with the apartment currently providing an exceptional rental return of $330 per week with the added security of an on-site Building Manager.

Viewings are strictly by appointment only.

Apartment Inclusions:
Kitchen with fridge, stove, microwave and basic utensils
Study desk with chair
1 queen bed
Bathroom with shower, toilet & vanity
Lounge chairs x 2

Features:
Fully furnished apartment
Lift access
Main foyer with lounge seating
Secure building
On-site building manager
Facilities include a large reading room, billiards room, laundry and secure car parking
Bus stop located directly out the front
Short walk to the Belconnen Town Centre, CISAC & University of Canberra

Particulars:
Gross rental yield of 8.88%
Exceptional rental return of $330 per week
+ Car Park: $10 per week = $340 per week
On-site management from UniGardens with a fee of 8%
Body Corp: $629.99 per quarter
Water: $166.84 per quarter
Rates: $315.23 per quarter
Land Tax: $367.54 per quarter
Vacancy rate: ZERO for the past 4 years

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Inspections

No inspections are currently scheduled.

Additional Features

  • Checkmark IconGarage

Information about this Studio

  • Listed on
  • Last updated
  • Property typeStudio
  • Bedrooms1
  • Bathrooms1
  • Parking spaces1
  • EER6.0
  • Stamp dutyA$2,388

Sales History for 48/101 Hennessy Street BELCONNEN, ACT 2617

The Studio at 48/101 Hennessy Street BELCONNEN, ACT 2617 has been sold 2 times before, with the most recent sale being for $190,000 on 28 August 2018.

Sold DatePriceSale Type
A$190,000Full Property Transfer, Land & Improvements
Sold Date
PriceA$190,000
Sale TypeFull Property Transfer, Land & Improvements
A$250,000Full Property Transfer, Land & Improvements
Sold Date
PriceA$250,000
Sale TypeFull Property Transfer, Land & Improvements
The Territory Data is the property of the Australian Capital Territory.
view full sales history for 48/101 Hennessy Street

Local Neighbourhood

48/101 Hennessy Street BELCONNEN, ACT 2617 has 33 schools within 5 kilometres, with the closest being Canberra High.

DistanceSchoolAddress
0.64 kmCanberra HighBindubi Street, Macquarie Pin Icon
0.88 kmUniversity of Canberra - Senior Secondary College Lake GinninderraEmu Bank, Belconnen Pin Icon
1.10 kmSt Vincent's PrimaryBindel Street, Aranda Pin Icon

About Belconnen

48/101 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.

  • 6657Population
  • 30Median Age
  • 1.9Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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