For Sale

44/101 Hennessy Street, Belconnen, ACT 2617

$180,000

Unit

Type

Bedrooms

Bathrooms

Published on Wednesday, September 30, 2026 ( See property details for 44/101 Hennessy Street, Belconnen, ACT 2617)

$180,000

Jeremy Grobben Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-appointed, high-yield 1-bedroom student accommodation unit in Belconnen, ideal for investors seeking reliable income and strong growth potential.

🏡 Property Highlights

Purpose-built student accommodation with established tenancies
Impressive gross yield of approximately 10.14%
Located directly opposite the University of Canberra
Strong rental demand from a consistent tenant demographic
Low-maintenance investment property in a proven location
Immediate income from current tenancy

✨ Key Features

Built in robes
Open-Plan Living
Water tank
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Internal Laundry
Ceiling Fans
Fully fenced
Pet-Friendly

Suburb and Property Insights of Belconnen, ACT 2617

Belconnen is a vibrant suburb renowned for its educational institutions, excellent amenities, and strong rental demand. Its proximity to the University of Canberra, Bruce CIT, and the Australian Institute of Sport makes it a highly sought-after location for student accommodation. The area offers affordable investment options, excellent transport links, and a lively community atmosphere, making it ideal for both tenants and investors seeking consistent returns.

Frequently Asked Questions

Is this property suitable for owner-occupiers?

No, these properties are purpose-built student accommodation and are available exclusively for investment purposes, requiring occupancy by eligible students.

What is the current rental income and yield?

The property currently returns $390 per week, with an approximate gross yield of 10.14% based on the asking price of $180,000.

What are the ongoing costs associated with this property?

Annual rates are approximately $1,572.56, with quarterly land tax of $487.43, strata fees of $823.05, and water charges of $210.54.

Are there any restrictions on who can occupy the property?

Yes, the property is designated for eligible student tenants only, in accordance with the development's occupancy requirements.

What makes this property a good investment?

It offers immediate rental income from established tenants, a high gross yield, and is located in a proven, high-demand student precinct opposite the University of Canberra.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect the property's value or rental demand? What are the specific eligibility criteria for tenants, and are there any restrictions on lease terms? Are there any additional costs or fees not included in the strata or outgoings listed? Has the property been recently renovated or does it require any maintenance or upgrades? Are there any existing or potential easements, covenants, or restrictions affecting the property? What is the history of rental occupancy and vacancy rates for this property? Are there any known issues with the building's structure, plumbing, or electrical systems? Is the property compliant with all relevant safety and building regulations? Are there any planned or ongoing construction projects nearby that could impact noise or accessibility? What are the terms of the current tenancy agreement, and when is the lease renewal due?

44/101 Hennessy Street, Belconnen, ACT 2617 - More Details

$180,000

Exceptional investment opportunities like these are rarely offered. Purpose built student accommodation properties within the established UniGardens complex deliver outstanding rental returns, immediate income and the simplicity of true set and forget investing.

Available to you is a well appointed 1 bedroom, 1 bathroom apartment currently returning $390 per week, representing an impressive gross yield of approximately 10.14% based on the asking price of $180,000.

Please note these properties are purpose built student accommodation and are available exclusively as investment properties. Under the development's occupancy requirements, they are not available for owner occupiers and must be occupied by eligible students. This creates a specialised investment opportunity supported by a consistent tenant demographic and ongoing demand from one of Canberra's largest education precincts.

Located directly opposite the University of Canberra and just moments from Bruce CIT, the Australian Institute of Sport and Belconnen Town Centre, UniGardens has built a strong reputation amongst investors seeking affordable, low maintenance properties with dependable rental demand.

Whether you're seeking an affordable entry into the investment market or looking to strengthen your portfolio with a high yielding asset, these properties offer immediate cash flow from established tenancies and the confidence of investing in a proven location.

Purchase either property individually or secure both to maximise your investment potential within one of Canberra's most recognised student accommodation developments.

The Investment Advantages
• Purpose built student accommodation for eligible student tenants only
• Investment only opportunities that are not available to owner occupiers
• Proven set and forget investment opportunities
• Established tenancies providing immediate rental income
• Strong, consistent student accommodation demand
• Directly opposite the University of Canberra
• Close to Bruce CIT, the Australian Institute of Sport and Belconnen Town Centre

Outgoings: (approximate)
• Rates, per annum, $1572.56
• Land Tax, per quarter $487.43
• Strata Fee, per quarter $823.05
• Water Charges, per quarter $210.54

Disclaimer: The material and information contained within this marketing is for general information purposes only. The Property Collective does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

Type: Unit
Bedrooms: 1
Bathrooms: 1
House Size: 29 m²

Map & nearby places — 44/101 Hennessy Street, Belconnen, ACT 2617

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44/101 Hennessy Street, Belconnen, ACT 2617

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