Northbourne Avenue
Turner
Turner
2
2
2
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 private lift access, 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 & with a 12 month option, it provides guaranteed rental income, ideal for investors seeking stability & a "set & forget" investment opportunity.
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 private lift access
• 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 with 12 month option
• Guaranteed income & a 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 (5% gross return)
* Lease expiry: August 2027 (with 12 month option)
• Age: 2006