Ideal investment property that ticks all the boxes

Capital Growth Area - TICK
Low Vacancy rate - TICK
Tenant already paying rent at $720pw - TICK
Ability to claim depreciation - TICK

Key figures
Rental Income: $720 p/w ($37,440 p/a)
Council Rates: $2,089.40 p/a
Strata Fees: $1,917.64 p/a ($479.41 p/q)

Investor Information
Property already tenanted at $720 p/w
House completed December 2019 - take advantage of depreciation
Low vacancy rate: 1% Ian McNamee & Partners R/E - Dec 2020)
DSR Score (Demand to supply rate): 73-81/100 Very Good (Source: RP Data)
The Canberra Region has the 2nd highest median rent in the country for houses, just behind Sydney
(Source: Rent.com.au)

Location
Although this home is packed full of exceptional elements, the greatest feature is the location.
The unique river reserve setting offers a tranquil backdrop whilst being conveniently located to shopping centres, schools and sporting facilities.
Nature lovers and fitness enthusiasts will enjoy direct access to the newly formed cycle and walking paths that meander alongside the river corridor.

The Property
Freestanding with direct rear access to the River Reserve
3 Bedrooms, 2 Bathrooms, 2 Car Garage
Segregated master bedroom with ensuite and walk in robe
Internal access from the garage plus extra storage
2 living areas, living room opens out onto a large covered balcony while the family extends to the big low maintenance backyard
Kitchen feature custom 2 tone cabinets, stone benchtop, pull out pantry, undermount sink, gas cooktop and AEG appliances
Floor to ceiling tiling bin bathrooms
Built in robes in bedrooms 2 & 3
Ducted heating and cooling system
Living Size: 147.7m2
Garage Size: 42.9m2

Disclaimer: All purchasers must rely on their own enquiries as the vendors or their respective agents, do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.