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Apartment Details

Bedrooms  x 2   Bathrooms  x 1   Carports  x 1  

 
Body Corporate
Dishwasher
Fully Furnished
Outdoor Entertaining Area
Pergola
Split System a/c
Swimming Pool
Tennis Court

Open for Inspection

None scheduled at this time.

Past Sales & Property Information

Property Info: 20 Leichhardt Street
Street Info: Leichhardt Street
Suburb Info: Griffith
Postcode Info: 2603

Taxes

Stamp Duty (Concessional): $7,230
Stamp Duty: $14,013

Block Information

Block: 22, Section: 20
Block Map

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 they will always correspond with the listed property. Measurements are estimates only.

Based on data provided under licence from PSMA Australia Limited (www.psma.com.au). © PSMA Australia 2010.

What's Nearby

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Distance to nearest Post Office

KINGSTON POST OFFICE - 0.4 km

Major Shopping Centre

CANBERRA CENTRE - 4.4 km

Hospital

THE CANBERRA HOSPITAL - 4.7 km

Primary School

TELOPEA PRIMARY SCHOOL, BARTON - 0.9 km

High School

TELOPEA HIGH SCHOOL, BARTON - 0.9 km

College

"ST EDMUND'S COLLEGE" - 0.5 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 4.8 km

(approximate straight line distances)

Griffith Profile

Average age: 38 years
Houses: 49.0%
Townhouses: 10.3%
Flats & units: 40.7%
Other: 0.0%
Population: 3,905

20 Leichhardt Street, Griffith - Kingston Terrace

$415,000-$475,000

Comes with a 2 year corporate lease back

* Now also available to live-in owners

Located in one of Canberra's most sought after areas, and situated within approximately 100 metres of Kingston's boutique shopping centres, cafes & restaurants, these 2 bedroom & 2 bedroom ensuite apartments at Kingston Terrace offer the ideal opportunity to secure an Inner South property in a quality established development with resort-style facilities.

The apartments range in size from 89m2 to a very spacious 108m2 & are being offered with a corporate lease back until November 2014 at a fixed 6% per annum gross return with no vacancy concerns (fixed rent is paid regardless of occupancy) or agent property management fees payable. 

For example, the rent paid for an apartment priced at $445,000 will be $513.46 per week. 

In constant demand by corporates, political staff, government agencies, couples & families, the apartments run at capacity for most of the year. The location, size & quality of the apartments ensures that when the corporate lease ends, owners have a solid investment property which can be rented in the normal way (furnished or unfurnished) or can be owner occupied.

The end of financial year is fast approaching & now might be the perfect time to capitalise on the potential tax benefits. 

Each apartment offers:

  • Spacious lounge & dining room
  • Reverse-cycle heating & cooling
  • Double brick construction
  • Updated fully equipped kitchens with stainless steel appliances
  • Fully equipped laundry including washer, dryer & iron
  • Foxtel ready
  • Restricted access basement parking (single space) plus fully enclosed store room
  • Facilities include tennis court, pool, meeting room, barbecue area & children's play area

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Agent Details

Independent Property Group Woden

P: 02 6209 5000
F: 02 6260 4622

46-50 Botany Street Phillip ACT 2606
www.independent.com.au

IPG Woden (ACT) Pty Ltd
Licensed Agent
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Mark Wolens Lisa Quick

Mark Wolens View profile

0418 632 711  or  02 6209 5002 

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Lisa Quick View profile

0408 225 968  or  02 6209 5018 

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What do I need to purchase this property?

Initial Requirements
(assuming sale price of $415,000)
Stamp duty $14,013
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (5%)2 $20,750
Total initial payment:   $36,918
Monthly Repayments
(assuming deposit of $20,750 and sale price of $415,000)2
Amount Borrowed $394,250
Interest Rate 5.29%
Term 30 years
(Principal and Interest) Loan repayment:   $2,187 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes estimated lender settlement fees, application fee and a valuation for a standard residential ACT property. Other fees and charges may apply. Additional Land Titles Office fees are applicable for the registration of mortgage and transfer of title. The calculation given above is an estimate only and the total purchase costs may vary.

Listing Age and Views

This listing was first displayed on 13/4/12, last updated on 15/5/13, and has been viewed 8386 times. Please note the counter is not updated immediately.

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