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10 Ipima Street
Braddon ACT 2612

 

$374,900-$404,900

   
1 of 21 photos

FINAL RELEASE - 3 year lease-back with zero vacancy, zero management fees & attractive weekly rents

INVESTOR'S DREAM!!

Offering a great mix of premium & affordable apartments, The Astin Apartments is an exclusive residential development ideally positioned on Canberra's grand boulevard - Northbourne Avenue.

Situated in the heart of the Inner North, this premium location will provide the utmost convenience to residents. Residents will be able to nurture their mind, body & soul with the private indoor sports centre including a lap pool, gym & an outdoor entertaining/recreational area.

The Astin's 9 storeys offer an excellent range of 151 apartments in 1 bedroom, 1 bedroom with study & 2 bedroom options.

All apartments boast contemporary kitchens, larger than average living areas & spacious ground floor courtyards or upper floor balconies, while the higher level apartments will offer spectacular views towards Black Mountain or Mount Ainslie. Many apartments have a north aspect & make the most of the outlook available from a variety of directions.

The Rex Hotel is planned to be substantially renovated & returned to its former glory as part of the redevelopment & construction of The Astin Apartments, further enhancing the appeal.

Whether you plan to live in or invest, purchase your first home or add to an existing portfolio, you're heading in the right direction with The Astin Apartments.

Level 4 & 8 | 3 Year Lease Back:
For investors, we have a never before seen 3 year lease-back option with zero vacancy, zero management fees, attractive weekly rents & a further 3 year extended option.

- Zero effective vacancy for 3 years (100% occupancy)
-Ongoing rental increases from annual rent reviews
-Zero letting, advertising & administrative fees
-Zero utility charges (electricity, Foxtel or internet)
-Zero management fees (property management)
-3 year extension option after first initial 3 years
-Rent range for 1 bedrooms: $390 - $460 pw
-Rent range for 1 bedrooms + study: $380 - $460 pw

Summary of Features for The Astin Apartments:
- Stone benchtops to kitchen & bathroom
- Full-height tiling to the bathroom
- Bosch stainless steel appliances
- Fisher & Paykel integrated dishwasher
- Built-in microwave
- Reverse cycle air-conditioning
- Intercom with visual display
- Basement car-parking with storage cage
- Indoor pool, gym & recreational area
- Outdoor barbecue area
- Provision for pay TV, TransACT & NBN
- Interior designer colour schemes
- Ready for occupation
- Variety of apartments available for live-in owners as well

For more information regarding this exceptional never before seen rental option for investors, please contact Paul or Ray. We now also have access to all unsold units. To view these, contact us to arrange an inspection time.

To find out how you can benefit from Paul's experience, visit www.thesalesspecialist.com.au

Features

  • Body Corporate
  • Dishwasher
  • Electric Garage Doors
  • Gym
  • Indoor Swimming Pool
  • Intercom
  • New Construction
  • Off-street Parking
  • Outdoor Entertaining Area
  • Plans Approved
  • Split System a/c
Property Type: Apartment
Block Size: 1.12 Hectares (approx)
Unimproved Value: $5,900,000

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Past Sales & Property Information

NOTE
Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they will always correspond with the listed property. Measurements are estimates only.

Maps are produced from ACT Government data, supplied by the ACT Environment & Planning. © ACT Gov. 2014

Block Map

Vital Statistics

Block: 8
Section: 8
Block Size: 1.12 Hectares (approx)
EER: 6.0
UV*: 2015 - $5,900,000
Stamp Duty (Concessional): $20
* (UV is for entire block at 10 Ipima Street)

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Braddon Profile

The average age in Braddon is 29 years and it has a population of 4,556.

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What's Nearby

Name Type Distance
Braddon Newsagency & Post Office Post Office 0.8 km
Canberra Centre Major Shopping Centre 1.5 km
Calvary Private Hospital Hospital 4.3 km
Turner Primary Primary School 0.6 km
Lyneham High, Lyneham High School 1.6 km
Merici College College 0.5 km
Australian National University University 2.0 km
Click here for more information about what's nearby to this property (approximate straight line distances).

Listing Age and Views

This listing was first displayed on 17/7/13, last updated on 28/9/16, and has been viewed 10282 times. Please note the counter is not updated immediately.
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