16 Causley Lane, Gungahlin, ACT 2912

16 Causley Lane, Gungahlin, ACT 2912 Owners Relocating to the Coast After 20 Years

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