14/41 Leahy Close, Narrabundah, ACT 2604

This spacious 2-bedroom apartment is located in a small boutique development (Oakmont Ridge) with stunning views over the golf course & Inner South.

From the moment you step inside, the well-designed open plan design provides a generous living space & includes 2 spacious bedrooms, both with built-in wardrobes. The well-appointed and full-size kitchen offers loads of bench space, ample storage and overlooks the living area. This leads out to a full-width balcony boasting lots of natural light thanks to its sunny north/east aspect.

Situated in close proximity to Red Hill Shops, nature reserves, Narrabundah golf course and within an easy drive to Kingston Foreshore and Parliamentary Triangle. There is undercover parking and ample off-street parking for visitors.

There are only 22 apartments & 10 townhouses in "Oakmont Ridge". The property is in original condition & there are some building rectifications that the strata are working through, however it represents exceptional value in the current market. The internal presentation could be enhanced with a fresh coat of paint & new carpet/floorboards.

As the property is vacant, this would ideally suit an investor looking for great tax benefits with the potential for future growth as works are completed. This could also be an option for people looking to buy in their SMSF.

This might be Canberra's best value property!

Features:
• Top floor position with full-width balcony
• Sunny north/east aspect with stunning views.
• Functional floor plan with no wasted space.
• Full-size kitchen - great for entertaining.
• Small boutique development with only 32 apartments/townhouses
• Undercover parking & extra visitor parking
• Highly sought-after Inner South location

Essentials:
• Living size: 77m2
• Balcony size: 10m2
• Total combined area: 87m2
• Rates: $2,399 p.a approx.
• Levies: $15,194 p.a approx.
• Land tax: $3,084 p.a approx. (investors only)
• Age: 29 years - Built 1995
• Expected Rental return: $510 - $540 per week