47/11 Giles Street, Griffith

This property is a house on a parcel in Griffith ACT. Estimated value at this time is $570,000. In the local government area Canberra Central, featuring 2 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
1
Land size
4148 m2
Building size
-
Council area
Canberra Central
Year built
n/a
Lot plan
Griffith ACT
House type
House: One Storey / Lowset



HISTORY

Last sold 10/04/2007
$0



LISTING DESCRIPTION
as of June 2020

INVESTORS ONLY INVESTORS ONLY - FIXED LEASE TILL 2025 - HIGH YIELDING Fixed lease till 2025. A brilliant property sure to be of interest to astute investors, and those with the strict criteria of only buying superbly located and well credentialed property with guaranteed cashflow - this is a rare opportunity not to be missed. Being part of the Adina apartment complex on Giles Street in Griffith, presentation is always impeccable, facilities and services well maintained - this really is an investment that is headache free with guaranteed income until December 2025. Available for inspection by appointment only - 2 Bedroom unit. 63 m2 Living and 13 m2 Balcony - Negative gearing opportunity for astute investor - Gross rental yield in excess of 5%; rents paid monthly - Long term lease guaranteeing income until December 2025 - Mid-life full upgrade recently completed - Part of the Adina apartment complex providing hassle-free management - Potential for either owner-occupation or lease renewal (at end of current lease) - Pool and Gymnasium facilities - Griffith is superbly located; right on the fringe of the Parliamentary Triangle - Body Corp Strata: $1462.4 pa (sinking fund only payable) - Land Tax: $2750.05 - Rates: $1973 pa 2018/2019 rental income: $23,523 In accordance with government restrictions, the number of attendees at our open homes is limited. Please register your interest with the listing agent to view the property during the advertised open home time, or to book a private inspection. If you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled overseas recently, we ask that you be respectful of the well-being of others and not attend the open home.