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Apartment Details

Bedrooms  x 2   Bathrooms  x 1   Garaging  x 1  

Open for Inspection

None scheduled at this time.

Past Sales & Property Information

Suburb Info: Queanbeyan
Postcode Info: 2620

Queanbeyan Profile

Average age: 40 years
Houses: 55.3%
Townhouses: 14.8%
Flats & units: 29.3%
Other: 0.7%
Population: 5,334

7-11 Stornaway Road, Queanbeyan - Mason Apartments

$380,000-$410,000

Suburban Setting, Inner City Lifestyle

1st Home Buyers

Receive $15,000 NSW Government grant



Pay ZERO stamp duty


Investors

Receive $5,000 NSW Government rebate

Mason Apartments is a versatile development of 35 residences in a suburban setting.
The development consists of 1, 2 and 3 bedroom designs . The practical layouts give you and your family easy care comfort for todays active lifestyles.
The apartments have a contemporary feel with open plan living areas and a soothing palette of natural colours. Light flows through living areas creating a sense of space and comfort.
Features include:

• Stainless steel appliances

• Stone bench tops

• Instantaneous gas hot water system

• Reverse cycle inverter air conditioning to living area

• Intercom security access to the building

• Life access from basement parking to ALL levels

While thoughtful design and superb features make an apartment a home, it is the surrounding environment, available amenities and facilities that create a complete modern lifestyle.
Some of the amenities within close proximity to your home are;

• Crawford Street shopping precinct

• Riverside Plaza

• Cafes

• Restaurants

• Schools and childcare facilities

• Tennis courts

• Queanbeyan Aquatic Centre

• Playing fields

Mason apartments is not only designed with the needs of live in owners in mind, there are also many positive aspects for the astute investor. In recent years there has been an increased demand for apartment living, ensuring higher gross rental yields and strong capital growth for new apartments

• Unrivalled rental yields of 5.4 - 7.1%

• Great depreciation benefits

• Secure parking, storage and security access to building

• Stone bench tops and stainless steel appliances

• Queanbeyan vacancy rate below 1.5%

• Cash flow forecast available upon request



VISIT MASON APARTMENTS DISPLAY CENTRE THIS WEEKEND!



Disclaimer: All purchasers must rely on their own enquiries as the vendors or their respective agents, do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.


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Agent Details

Ian McNamee & Partners Real Estate (Queanbeyan)

P: 02 6297 5555
F: 02 6297 5823

Rutledge Plaza, 2-4 Rutledge Street Queanbeyan NSW 2620
www.mcnamee.com.au

Ian McNamee & Partners Pty Ltd
Licensed Agent & REIACT Member
View all sales listings for this agency

Catherine McGeachy

Catherine McGeachy View profile

0410 774 821  or  6297 5555 

View all sales listings for this Agent

What do I need to purchase this property?

Initial Requirements
(assuming sale price of $380,000)
Stamp duty $12,590
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (5%)2 $19,000
Total initial payment:   $33,745
Monthly Repayments
(assuming deposit of $19,000 and sale price of $380,000)2
Amount Borrowed $361,000
Interest Rate 5.29%
Term 30 years
(Principal and Interest) Loan repayment:   $2,002 per month

Notes

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 19/4/12, last updated on 16/5/13, and has been viewed 2804 times. Please note the counter is not updated immediately.

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