11/101 Hennessy Street, Belconnen, ACT 2617

*PLEASE NOTE THIS OFFERING CAN NOT BE LIVED IN - INVESTMENT OPPORTUNITY OR UNI STUDENT*

*This property will be shown by private inspection only*

Enter the investor market with this affordable, low maintenance studio apartment with attractive rental returns. Become one of many satisfied investors in the Unigardens complex with a strong history of low vacancy thanks to this enviable position.

Situated within the 'UniGardens' this apartment presents an excellent cash positive investment opportunity. The apartment obtains spacious open plan living arrangement featuring an well sized bathroom and a built-in robe. This studio also offers you a practical kitchen space with quality electric appliances.

Boasting exceptional accessibility, with public transport right at your doorstep. It's just minutes away from renowned institutions such as the University of Canberra and the Canberra Institute of Technology, as well as popular amenities like Westfield, Belconnen Town Centre, and CISAC. This presents an ideal opportunity for an investment that requires minimal management and promises steady returns.

Features:
Currently managed by Uni Gardens.
Currently leased to Canberra Student Lodge for $360 per week until 31st of July 2024
Open plan living area
Spacious kitchen with electric appliances
Ceiling fan
Leafy outlook
Facilities include a large reading room, billiards room, laundry & dining hall
Bus stop located directly out the front
Close proximity to UC, CIT, Belconnen Town Centre & CISAC
Low maintenance investment property
Affordable option for investors

Key figures:
• Living: 30m2
• Body Corporate: $2,010 p.a (approx.)
• Sinking Fund: $936 p.a (approx.)
• Rates: $1,416 p.a (approx.)
• Land Tax: $1,652 p.a (approx.)
• EER: 6
• Build: 2010

Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.