Greenway, ACT, 2900, Australia

Solid Investment in a Prime Location

This one-bedroom apartment in the heart of Greenway presents an exceptional opportunity for investors seeking a high-demand rental property with excellent returns.

Benefits for the Astute Investor:

Strong Rental Market: Greenway boasts high rental demand with potential weekly rent of $420. This translates to a potential gross rental yield of around 6.2% (based on the asking price and potential rent).

Low Maintenance: Enjoy the benefits of a fully furnished apartment (excluding linen) on the ground floor.

Desirable Location: This apartment is conveniently located within walking distance of public transport, Southpoint Shopping Centre, cafes, restaurants, and Lake Tuggeranong. This caters to a wide range of tenants seeking a convenient and vibrant lifestyle.

Easy Access to Amenities: Major retailers like Kmart, Big W, Bunnings, Officeworks, and Target are all within close proximity. Additionally, the Department of Social Services head office is located nearby, creating a potential tenant pool of government employees.

Property Highlights:

* 1 bedroom with built-in wardrobes
* 1 bathroom
* Fully furnished (excluding linen)
* Secure intercom access
* Ground floor location for easy access
* Designated parking space
* Split system heating and cooling for year-round comfort
* Light-filled living area opening onto a private courtyard (40sqm living space, 26sqm courtyard)

Financials:

* Rates: $3,392.17 per year (approx.)
* Land tax (if applicable): $1,394.97 per year (approx.)
* Strata: $586 per quarter (approx.)

Invest in your future with this high-yielding, low-maintenance property in a highly sought-after location. Contact us today to arrange an inspection!

Please note: This is an estimate of potential rental yield and does not take into account vacancy rates or property management fees.

The images displayed in this advertisement are artistic representations and renderings intended to showcase the conceptual design and potential aesthetic of the development. They are for illustrative purposes only and should not be considered as exact depictions of the final product. Actual properties may vary in appearance, dimensions, specifications, and features. Furniture, fixtures, landscaping, and other decorative elements depicted in the images are not included unless expressly stated otherwise. Prospective buyers are advised to rely solely on the information provided in the official documentation and to physically inspect the property before making any purchasing decisions. The developer reserves the right to make modifications, alterations, and substitutions to the project without prior notice. We do not warrant the accuracy, completeness, or reliability of the information presented herein. All interested parties are encouraged to seek independent professional advice. The agency or the agent takes no responsibility for any discrepancies between the images and the actual property.