1/101 Hennessy Street, Belconnen, ACT 2617

1/101 Hennessy Street, Belconnen, ACT 2617 Affordable and high yielding investment property in the heart of Belconnen

*PLEASE NOTE THIS OFFERING CAN NOT BE LIVED IN - INVESTMENT OPPORTUNITY OR UNI STUDENT*

*This property will be shown by private inspection only*

Enter the investor market with this affordable, low maintenance 3 bedroom apartment with attractive rental returns. Become one of many satisfied investors in the Unigardens complex with a strong history of low vacancy thanks to this enviable position.

Situated within the 'UniGardens' this apartment presents an excellent cash positive investment opportunity. The apartment obtains three bedrooms, with the main bedroom featuring an ensuite and a built-in robe, while the two additional bedrooms are served by the main bathroom. The open-plan living and dining area opens to the North-facing covered balcony, providing a pleasant living space with natural light.

Boasting exceptional accessibility, with public transport right at your doorstep. It's just minutes away from renowned institutions such as the University of Canberra and the Canberra Institute of Technology, as well as popular amenities like Westfield, Belconnen Town Centre, and CISAC. This presents an ideal opportunity for an investment that requires minimal management and promises steady returns.

Features:

- Currently managed by Uni Gardens.

- Shared apartment occupancy agreement. 2 out of 3 rooms are currently rented out until 31st of July 2024

- Open plan living area

- Spacious kitchen with electric appliances

- Ceiling fans in the bedrooms

- Three bedrooms

- Covered balcony area

- Facilities include a large reading room, billiards room, laundry & dining hall

- Bus stop located directly out the front

- Close proximity to UC, CIT, Belconnen Town Centre & CISAC

- Low maintenance investment property

- Affordable option for investors

Key figures:

Living: 79m2

Balcony: 7m2

Body Corporate: $4,064 p.a (approx,)

Sinking Fund: $1,304 p.a (approx)

Rates: $1,492 p.a (approx.)

Land Tax: $1,544 p.a (approx.)

Build: 2010

Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.