This property is a unit in Belconnen ACT. It has an approximate value of $220,000. Constructed in 2010, featuring 1 bedroom, 1 bathroom.
Looking For A Rental Return Above 9%? Whether you are an experienced investor or looking for your first investment opportunity this studio will yield fantastic returns for many years to come. Currently renting at $300 per week within the UniGardens complex and with the convenience of on-site management to take care of your investment you can sit back and relax.Catering to Canberra's growing student community the complex provides accommodation to students from both the Australian National University and University of Canberra. The close proximity to Westfield Shopping Centre, Belconnen Fresh Food Market and Bus Interchange makes the location highly desirable to prospective tenants. Onsite facilities also include a study room, billiard room, gymnasium and general store.With low over heads (see below) this investment will be hassle free, secure and reliable.Rent:$15,600.00 p.aRates:$1,080.05 p.aLand Tax:$1,139.35 p.aBody Corporate:$2,212.00 p.aManagement Fee$1,267.20 p.a