Kitchen

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Studio Details

Bedrooms x 1 Bathrooms 1 Carports x 1

EER 2.0

On Floor 1 of 2

Allocated Car Space

Body Corporate

Fully Furnished

Shower

Vital Statistics

Studio Size:

31 m² (approx)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Suburb Info:	Watson
Postcode Info:	2602

Watson Profile

Average age:	35 years
Houses:	62.0%
Townhouses:	19.6%
Flats & units:	18.2%
Other:	0.2%
Population:	4,188

Affordable Plus Opportunity Plus Convenience

Highly suited to investors or parents with a student attending University, is this fully furnished as inspected studio apartment in the very popular suburb of Watson. Within walking to the Catholic University, across the road from the local shpping centre & only minutes from the City.

Has been tenanted nat $300 per week. No need for a removalist the apartment is fully furnished & has been updated.

This is a great property for investors to add to their portfolio of investments for a very reasonable price, & ideal for parents needing accommodation for a student child. Public transport is close by.

Reasons to purchase
Central location
Fully furnished as inspected
Rates $873,48 pa(approx)
Land Tax payable if tenanted $500 pa (approx)
Rent $300 per week (approx)
Body Corp $1730 pa (approx)including gas usage
Allocated covered car space

* An acceptable offer has been made but contracts have not yet exchanged.

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Independent Property Group Belconnen

P: 02 6209 4444
F: 02 6251 4102
E: belsales@independent.com.au

Suite 2, Swanson Plaza, 11-17 Swanson Court Belconnen ACT 2616
www.independent.com.au

IPG (Belconnen) Pty Ltd
Licensed Agent
View all sales listings for this agency

Sam Dodimead View profile

0406 226 428 or 02 6209 4443 sdo@independent.com.au

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Matthew Peden View profile

0419 000 079 or 02 6209 4420 mkp@independent.com.au

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $199,950)

Stamp duty	$5,500
Legal fees¹	$1,500
Loan application fees²	$655
Minimum deposit (10%)²	$19,995
	Total initial payment: $27,650

Monthly Repayments (assuming deposit of $19,995 and sale price of $199,950)²

Loan repayments on $179,955 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment: $1,191 per month

Notes

¹Legal fees are estimated and will vary from firm to firm.
²Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 25/1/12, last updated on 25/5/12, and has been viewed 8502 times. Please note the counter is not updated immediately.

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