With a prominent position in the luxurious Nexus apartments, apartment 54 has the most popular floor plan for a 1 bedroom unit in the building.
If you are looking for an investment property then look no further, this one bedroom apartment has low body corporate fees and an impressive 7.2% rental yield currently tenanted until January 2021.
A fantastic use of space with open plan living & dining, built-in wardrobe, and high quality fixtures and finishes with an abundance of natural light leading to a sizeable 36m2 courtyard with external gate access.
The building also offers secure parking for 1 car, intercom, split system heating and cooling.
First home owners may choose to benefit from this high-yield investment, or simply move in & enjoy the lifestyle yourself at the completion of the tenancy and still take advantage of the new stamp duty laws applicable from July 1.
Direct access to the light rail and a short ride into Canberra's central business district you will never have to worry about parking in the City again.
Direct access to the lightrail
Sizeable court yard
Abundance of natural light
Rented at $390 per week until Jan 2021 (7.2% rental return)
Body corporate: $2409.96 per annum
6.0 EER
The Apartment at 54/289 Flemington Road FRANKLIN, ACT 2913 has been sold 2 times before, with the most recent sale being for $274,000 on 3 June 2020.
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54/289 Flemington Road FRANKLIN, ACT 2913 has 13 schools within 5 kilometres, with the closest being Harrison School.
54/289 Flemington Road is located within the suburb of Franklin, which has a population of 6,419, a median age of 30 and an average household density of 2.8 people.