{"Slug":"apartment-5-63-melba-street-downer-act-2602","CanonicalUrl":"https://realsearch.com.au/apartment-5-63-melba-street-downer-act-2602","Address":"5/63 Melba Street, Downer, ACT 2602","Suburb":"Downer","State":"ACT","Postcode":"2602","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"Private Inspections Available By Appointment.The ApartmentHonest and functional, this is a practical one-bedroom layout on the second floor of a quiet eight-unit block. Reverse cycle heating and cooling, a car space, exclusive storage and an exclusive external laundry cover the essentials. It's been a reliable rental for years — and for the right buyer, that's exactly what they're looking for.For those thinking longer term, there's scope to renovate at lease end and reassess the rent in line with the market at that time.The FinancialsWeekly rent of $410 with a lease secured until March 2027 provides immediate, stable income from day one.The LocationDowner sits in one of Canberra's most convenient pockets - close to the Downer shops, Dickson, Watson, the light rail and the CBD. Inner north properties at this price point are increasingly hard to find, and rental demand in the area remains strong.Features at a Glance\t•\tOne bedroom, one bathroom, one car space\t•\tSecond floor in a quiet eight-unit block\t•\tCurrently tenanted at $410/week — lease to March 2027\t•\tReverse cycle heating and cooling\t•\tExclusive storage and external laundry\t•\tClose to Downer shops, Dickson, Watson, light rail and CBD\t•\tBody corporate $1,387/quarter | Rates $2,715 p.a. | Land tax $3,999 p.a.\t•\tPrivate inspections available by appointment","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Price Guide Above $299,000"},"Bedrooms":"1","Bathrooms":"1","Parking":"1","Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-35.24291422,"Longitude":149.14296917,"Agent":null,"Agency":{"Name":"LJ Hooker - Dickson","CanonicalUrl":"https://realsearch.com.au/lj-hooker-dickson"},"CreatedAt":"2026-04-30T06:42:36.7426171","UpdatedAt":"2026-07-07T06:55:30.7020534"}