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| Apartment Size: | 89 m2 (approx) |
| Property Info: | 507/86-88 Northbourne Avenue |
| Street Info: | Northbourne Avenue |
| Suburb Info: | Braddon |
| Postcode Info: | 2612 |
| Average age: | 29 years |
| Houses: | 13.8% |
| Townhouses: | 20.4% |
| Flats & units: | 65.6% |
| Other: | 0.2% |
| Population: | 3,575 |
Don't miss this fantastic opportunity, reduced by $20 000 and ready to sell!
Investors and first home buyers take note. This fantastic inner city fully furnished and equipped apartment is located in the popular ‘Phoenix’ complex and would make the perfect addition to any investment portfolio. Currently tenanted at $475.00 per week until the 16 August 2012 with a rent increase due in August , this would be the ideal opportunity to secure an easy hassle free investment. For first home buyer take advantage of the rental for the first six months then move in to your lovely new home and still receive the first home buyers grant!
Ideally located only a short stroll from the City, ANU and many government buildings, this apartment is sure to please. Boasting breath taking views of Black mountain and Telstra tower enjoyed from both the spacious balcony or whilst relaxing inside on the lounge.
The floor to ceiling glass doors flood the apartment with natural light and make the most of the spacious living and kitchen areas. Featuring a modern kitchen with stainless steel appliances and bench tops , plenty of storage, a separate laundry with second toilet and basin as well as a spacious ensuite off the master bedroom with over the bath shower and modern fittings and fixtures.
The massive master bedroom would please even the most discerning buyer; boasting two mirrored built in robes, large study area, floor to ceiling glass doors that lead out on to the balcony and unbeatable views.
Don’t miss theopportunity the secure an impressive investment or lovely inner city home , inspect today as this apartment will not last long !
Features
- Spacious 1 bedroom apartment in the ‘Phoenix’
- Great sized balcony with breathtaking views
- Spacious living and dining area
- Stainless steel appliances
- Reverse cycle air conditioning
- Spacious study area
- Double Built in robes in the master bedroom
- Separate enclosed laundry with toilet
- Pool and gym facilities
- Secure underground parking
- Secure building access
- Short stroll to the city and surrounds
- 6% management fees
- Includes furniture
- Depreciation schedule for investors
- Currently rented for $475 per week until August
Contact your local and friendly agents on 02 6247 2155 or 0438 318 606
P: 02 6247 2155
F: 02 6247 1088
E: canberra@parktrent.com.au
1a 4 Lonsdale St Braddon ACT 2612
www.parktrent.com.au
Parktrent Properties Group Pty Ltd
Licensed Agent
View all sales listings for this agency
0410 634 225 or 02 6247 2155 canberra@parktrent.com.au
View all sales listings for this agent
02 6247 2155 propertymanagement@parktrent.com.au
Initial Requirements (assuming sale price of $425,000)
| Stamp duty | $16,375 |
| Legal fees1 | $1,500 |
| Loan application fees2 | $655 |
| Minimum deposit (10%)2 | $42,500 |
| Total initial payment: $61,030 |
Monthly Repayments (assuming deposit of $42,500 and sale price of $425,000)2
Loan repayments on $382,500 borrowed at 6.95% over 30 years.
| (Principal and Interest) Loan Repayment: $2,532 per month |
Notes
This listing was first displayed on 3/2/12, last updated on 2/5/12, and has been viewed 2147 times. Please note the counter is not updated immediately.
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