58/101 Hennessy Street
Belconnen
Belconnen
1
1
5.0
Sold: $185,000
Affordable investment, great location
Affordable investment, great locationEnjoy an excellent rental return and high occupancy rate as the new owner of this furnished studio apartment in the purpose built (2010) UniGardens student accommodation complex conveniently situated in the Belconnen Town Centre.
It's an ideal location for students who don't own a car – the Belconnen Shopping Mall (shopping, cafes) and Ginninderra Lake (recreation) are in walking distance and with bus stops directly in front, the University of Canberra, CIT Bruce campus, Australian Institute of Sport and Australian National University/City are just a short bus trip away.
It is a smaller, attractive, low rise building with 3 floors of apartments, intercom entry access, a lift, gated basement parking with bike storage, and the convenience of an on site manager. Laundry facilities, a study/reading room, games room and gym room are additional features with an additional space available as a prayer room.
The apartment is rented at $380 per week and is professionally managed by the UniGardens organisation. It can be a long term set and forget, very affordable, easy to own investment. Please note that the apartment must be occupied by a student.
Inspections are by appointment only with 48 hours notice to the tenant - please contact the listing agent Greg Regan to arrange your inspection.
Features -
- very convenient location
- furnished apartment including beds, double desk, dining table
- open living & dining area
- good kitchenette and bathroom
- controlled building access
- on site manager
- shared student facilities
- bus stops directly in front
Detail -
- living area: 30m2 approx.
- current rent: $380 per wk
- rates: $415 qtr
- strata fee: $767 qtr includes building insurance, sinking fund and water usage
- land tax: $442 qtr
- management fee: $145 per month