Mahere Papa
Rūma Manuhiri
Kihini
Ngā Rūma Moe
16 Causley Lane, Gungahlin (Unit 2/45 Anthony Rolfe Ave)
This low-maintenance 1-bedroom, 1-bathroom townhouse offers a fantastic investment opportunity. With no gardens and no side neighbours, it ensures easy living. Currently tenanted, it generates $400 per week in rental income, equating to $20,800 annually.
Short-Term Rental Financial Overview
? Average rate: $155* per night (including cleaning fees)
? Projected revenue: approx. $23,300*
? Occupancy Rate: 50% (61% other similar properties in Gungahlin)*
? Operating expenses: approx. $5,800*
? Net operating income: approx. $17,500*
? 15.9% increase between 1 night stay minimum (45.4%), and minimum 2 nights (29.5%)*
? Zoned CZ5 Commercial Mixed use. **
? NBN FTTP
Property Highlights:
? 24-minute tram ride to Canberra CBD (Civic).
? 200m to the nearest bus stop and 250m to the Gungahlin tram station.
? Architecturally crafted, high-quality eco-friendly home.
? Reverse Cycle air conditioning (new 2023)
? 67m? living area plus a 5m? north facing deck.
? Cathedral ceilings
? Single garage
? NBN FTTP
Please contact agent for full Report
Preferred Settlement: 30 days
Preferred Deposit: 10%
*Approximately
**Subject to ACT Planning & Land Authority approval
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 2 | 1 | 80m2 | 2024 12 18 | - | Council approved | |
 | 0.04 km | 3 | 2 | -m2 | 2024 12 01 | $851,000 | Council approved | |
 | 0.23 km | 1 | 1 | 61m2 | 2024 09 19 | $350,000 | Council approved | |
 | 0.12 km | 1 | 1 | 58m2 | 2024 08 29 | $360,000 | Council approved | |
 | 0.10 km | 2 | 1 | 72m2 | 2024 07 22 | - | Council approved |