Currently tenanted for $390 per week (6.78% rental yield), this beautiful modern, one-bedroom apartment in the Tuggeranong town centre is a brilliant opportunity for investors.

A spacious, open plan design creates a sense of space in this beautifully presented apartment. This feeling continues from indoors to out as the living area opens onto a large, sun-kissed balcony which looks through the treetops towards the town centre. The well-designed kitchen uses space cleverly to provide plenty of storage and bench space. Its stainless steel appliances and stone bench-tops complete the chic look desired by the modern apartment dweller.

Away from the living area, the king-size bedroom is filled with natural light via the large window which shares the same green, tree-top view as the balcony. The built-in robes provide hassle-free storage. Close by, the bright, new bathroom uses design lines to again provide an inviting sense of space - and give the room a little touch of luxury. Reverse cycle air conditioning means tenants are comfortable year round, and the secure basement parking and a large storage cage provides convenience and peace of mind.

Located within a quiet complex, the apartment has the best of Tuggeranong on its doorstep. Close to restaurants, schools, employment and South Point shopping centre, convenience is key. For tenants seeking a bit of adventure, Tuggeranong is the gateway to Namadgi National Park, the Brindabella Mountains and the snow fields. For those who like their nature a bit closer to home, Lake Tuggeranong is just a block away.

This apartment is the full package and will always be attractive to renters. Investors won't want to let it slip through their fingers.

FEATURES

- Open plan lounge/dining/kitchen
- Gourmet kitchen with stainless appliances, stone benchtops and dishwasher.
- King size bedroom with built in wardrobe
- Floor to ceiling tiles in bathroom
- Spacious full length balcony
- European Laundry with clothes dryer
- Reverse-cycle air conditioning
- Secure Intercom access
- Basement parking and lockable storage
- Close to Restaurants, Southpoint Shopping Centre and Limelight Cinemas.

STATISTICS (all figures are approximate)

EER: 6
Unit area: 55m2
Balcony area: 12m2
Rates: $339/quarter
Land tax (investors only): $360.57/quarter
Strata: $689.23/quarter
Land size: 6,740m2
UV: $4,513,000 (2019)
Year built: 2012

Explaining the offers over process:

To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on when offers close and how best to submit an offer, please contactme directly.