This well-appointed one-bedroom apartment set in the leafy surrounds of Narrabundah is a tenant's dream. Appealing to the modern young professional the 20-30 something who enjoys socialising and the active life, but also appreciates down-time and their own space it currently generates a rental yield of 6.8%, well above the going rate.
It's set in leafy surrounds, with the Manuka/Kingston shopping, dining and social precincts nearby, and has ready access to the lifestyle opportunities of Manuka Oval and Pool, Lake Burley Griffin, the Galleries and Museums. And young families benefit from the Telopea Park School catchment.
It features a spacious open plan living area, a well-equipped kitchen with quality stainless steel appliances, ample cupboard space along with stone bench tops, quality carpets and tiles and a spilt system air conditioner. Two outdoor spaces complete the residence: a generous courtyard located at the front is perfect for entertaining, while a rear courtyard off the main bedroom to relax in the afternoon sun.
The prime location and fantastic rental yield of this apartment make it perfect for both the live in owner or astute investor. Currently tenanted at $385/week (6.8% rental yield) until 27/09/2018.
Key features and inclusions:
• Ground floor one bedroom apartment
• Modern open plan design and quality finishes
• Well appointed kitchen with stainless appliances and stone benchtops
• Main bedroom with built in robe
• Front courtyard and rear patio
• Reverse cycle air conditioning split system to living room
• European Laundry
• Off street access to front courtyard and apartment
• Underground secure single car space and storage.
Total living Size: 87m2
Body Corporate: $950/quarter approx.
Rates: $378/quarter approx
Land Tax: $530/quarter approx
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