This property is a unit on a parcel in Lyneham ACT. In this market, it is valued at approximately $335,000. Constructed in 2010, with 1 bedroom and 1 bathroom.
Gross Yield 4.98%* Fantastic Complex! Fantastic Location! Investors, Take note of this fantastic gross yield*Quality is the hallmark of this complex in this small group of 21 apartments - and this is the largest of all the one bedroom apartments! The well-considered design of the complex means that security access is shared with only four other apartments. Even downstairs in the basement is well lit and clean and fantastic!Ownership in the complex has remained fairly constant since the 2010 off-the-plan sales, which is testament to this well built Madison Construction complex.The apartment has the great open plan design with no lost hallway space in the floorplan. Both ends of the apartment flow out to balconies, and this means natural light streams into the apartment from both orientations. The views from both balconies do not look into any other apartment, and due to the leafy surrounds, you also don't see into the neighbouring houses.The kitchen is well designed with caesarstone benchtops, stainless steel appliances, with a great sized pantry. Your storage downstairs is a lockable small room, rather than an open cage. As the excellent EER 6 shows, the split system heating and cooling and centralised gas hot water will keep you comfortable all year round even in the cooler months.The location is brilliant, and a short walking distance to Dickson shopping and restaurant precinct, Lyneham shops and quality private and public schools.With the high quality of finish on offer here, there is nothing to do but buy and enjoy this apartment.Bedroom and balcony photos are for same sized bedroom and balcony in another apartment in this complex. Illustration purposes only. Other photos are available upon request.Features Include: One bedroom 57m2 apartment with open plan living with a 9m2 balcony and a second 6m2 bedroom balcony Split system heating and cooling Only four other units have security access to your entrance Ceaserstone bench tops and large pantry and dishwasher Stainless steel Blanco kitchen appliances Security Access Intercom Secure basement car space Enclosed and private basement storage - not a cage Centralised Gas hot water Clothes dryer included in the sale Walking distance to Dickson Shopping and restaurant precinct Sporting and recreational facilities nearby Quality public and private schooling nearby Fantastic transport options walking distance from the apartmentEER 6Land Size: 2396mLand Value: $3,048,000Body Corporate: $2076.96 pa (approx)Rates $1,139.59 pa (approx)Land Tax $1,478.06 pa (approx)(if rented)Apartment: 57m2Living Room Balcony: 9m2Bedroom Balcony: 6m2Car park: 13m2Total: 85m2Lease Period: 04/01/2016-03/01/2017Gross Rent: $350 per weekGross Yield:4.98%*Gross Yield Calculated on $365,000