219A Northbourne Avenue
Turner
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2
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6.0
For Sale: $685,000+
Beautifully updated, mid level apartment on the light rail - Comfort & security of DHA lease until 2027
This beautifully presented two-bedroom apartment offers a rare sense of privacy and calm right on the edge of Canberra's thriving city centre. Positioned on level 4 with lift access to only two apartments per floor, this apartment combines clever design with leafy outlooks and unbeatable access to transport, dining and the ANU.The open-plan living and dining area flows seamlessly to a full-sized kitchen with generous bench and storage space. Both bedrooms are positioned at the rear for privacy, each featuring walk-through robes. The main includes a spacious ensuite, while the second bedroom opens to a second balcony and connects directly to the main bathroom-ideal as a future guest room or home office.
Taking the elevator downstairs leads to all of the well-kept amenities the development has to offer. An indoor heated pool with gym, as well as a number of outdoor garden beds and reflection ponds for relaxation in the sun.
Currently leased to Defence Housing Australia (DHA) until August 2027, it provides guaranteed rental income, ideal for investors seeking stability & a "set & forget" investment option.
With light rail on your doorstep, the ANU, Braddon dining precinct & CBD shopping are just minutes away. This is an investment that ticks all the boxes for location, design and long-term potential.
This would suit someone looking for a solid investment to add to a "Self Managed Super Fund (SMSF)" or someone looking for a future live in proposition once the lease expires.
++ PLEASE CALL TO BOOK AN INSPECTION ++
Features:
• Spacious two-bedroom apartment
• Level 4 with lift access to only 2 apartments per floor
• Leafy outlook over Northbourne Avenue
• Open-plan living and dining
• Full-sized kitchen with ample storage
• Both bedrooms have walk-through robes
• Well-sized main bedroom with ensuite
• Second balcony off second bedroom
• Indoor heated pool and gym access
• Leased to DHA until August 2027
• Guaranteed income, prime city fringe location
Essentials: (Approx.):
• Living size: 92m²
• Balcony size: 12m²
• Total size: 104m²
• Rates: $2,138 p.a
• Land tax: $2,580 p.a (investors only)
• Strata Levies: $5,722 p.a
• Strata Management: Bridge Strata
• DHA Rental: $665 per week
* Lease expiry: August 2027 (with 12 month option)
• Age: 19 years (built 2006)
• EER: 6