Why Pay Rent?

With rents still climbing in the ACT, now is the perfect time for a first home buyer to become their own landlord with this affordable, ground floor, one bedroom apartment. With its own private entry, sunny terrace and an abundance of natural light, this would have to be one of the best value Inner North properties available today<br/><br/>For interstate buyers looking for a short term Canberra base, this home would provide an affordable option to more expensive serviced apartments. Always available and zero maintenance required means you can simply pull the door locked when business takes you elsewhere.<br/><br/>Investors can expect healthy returns - approximately 6.5% gross and a strong history of low vacancy thanks to this enviable position.<br/><br/>This location is superb - just a short stroll to local shops, cafes and bars, including the popular "Knox" restaurant which is the perfect hub for meeting friends and family.<br/>Jump on the bus, light rail or car and you'll be surprised what a quick and easy run it is to major facilities such as EPIC, the Dickson Shopping Precinct plus the heart of a Civic. <br/><br/>Features:<br/>Ground floor one bedroom apartment<br/>One of only a few with its own private entrance and sunny terrace<br/>Open plan living area with plenty of natural light<br/>Bedroom can accommodate queen bed and includes built in robe<br/>Covered allocated car accommodation plus visitor parking<br/>Short walk to popular shops, cafes and restaurants<br/>Rental potential $350.00 per week<br/>EER: 2.5 stars<br/><br/>Annual Outgoings:<br/>Rates: $2167.26<br/>Body Corp $4569.16 includes gas and water consumption<br/>Land Tax (if rented) $2641.56<br/> <br/>