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Apartment Details

Bedrooms  x 1   Bathrooms  1  

 
Body Corporate

Vital Statistics

Block Size: 3246.1 m2 (approx)
Unimproved Value: 2011 - $5,559,000

(UV is for entire block)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Street Info: West Row
Suburb Info: City
Postcode Info: 2601

Taxes

Stamp Duty (Concessional): $20
Stamp Duty: $9,300

What's Nearby

Click here for more information about what's nearby to this property.


Distance to nearest Post Office

City Post Office - 0.1 km

Major Shopping Centre

CANBERRA CENTRE - 0.5 km

Hospital

CALVARY PRIVATE HOSPITAL - 4.8 km

Primary School

AINSLIE PRIMARY SCHOOL, AINSLIE - 1.2 km

High School

CAMPBELL HIGH SCHOOL, CAMPBELL - 1.8 km

College

MERICI COLLEGE - 1.6 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 1.0 km

(approximate straight line distances)

City Profile

Average age: 31 years
Houses: 0.0%
Townhouses: 0.0%
Flats & units: 89.4%
Other: 10.6%
Population: 722
     

West Row, City - Melbourne Building

$295,000-$352,000

Set and Forget Investment

Melbourne Building

Quest Canberra represents a one time opportunity to buy a piece of Australian history. The Melbourne building was completed in 1929 in the centre of a fledgling nation’s brand new capital city and remains an historic part of the Canberra landscape to this day.

Now 37 people have the opportunity to own an apartment in this iconic building. Offering excellent short and long term returns, this investment gives Canberrans the chance to secure their economic future while owning part of a Canberra landmark.

Consisting of studio, 1 bedroom and 2 bedroom apartments, Quest Canberra is the easiest way to own property in the city. Fully furnished and fully tenanted, this is a true set and forget investment. With long term vacancy free rent and built in capital growth, market fluctuations are someone else’s problem when you own a Quest Canberra apartment.

Studio apartments from $220,000
One bedroom apartments from $295,000
Two bedroom apartments from $462,500

• Low Starting Price
• No Vacancy
• No Management Fees
• Great Returns
• Inbuilt Capital Growth
• Historic Building
• Outstanding Location
• Worry Free Investment
• Priced Well Under Current Market

Call or email now to arrange an exclusive appointment where we can provide you with a comprehensive overview


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Agent Details

LJ Hooker Project Marketing

P: 02 6249 7700
F: 02 6249 1477
E: projectsact@ljh.com.au

1st Floor, 182-200 City Walk Canberra City ACT 2601
www.ljhookerprojects.com.au

Trebbin Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $295,000)

Stamp duty $9,300
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $29,500
  Total initial payment:   $40,955

Monthly Repayments (assuming deposit of $29,500 and sale price of $295,000)2

Loan repayments on $265,500 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $1,757 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 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 14/7/11, last updated on 27/3/12, and has been viewed 13205 times. Please note the counter is not updated immediately.

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