$389,000

147/11 Giles Street,Griffith ACT 2603

House211
House size: 63 m² approx.

ATTENTION INVESTORS - Yield doesn't come much better!

A brilliant property sure to be of interest to astute investors, and those with the strict criteria of only buying superbly located and well credentialed property with guaranteed cashflow - this is a rare opportunity not to be missed.
Being part of the Adina apartment complex on Giles Street in Griffith, presentation is always impeccable, facilities and services well maintained - this really is an investment that is headache free with guaranteed income until December 2025.

Available for inspection by appointment only

- 2 Bedroom unit. 63 m2 Living and 13 m2 Balcony
- Negative gearing opportunity for astute investor
- Guaranteed return in excess of 5%; rents paid monthly
- Long term lease guaranteeing income until December 2025
- Mid-life full upgrade recently completed
- Part of the Adina apartment complex providing hassle-free management
- Potential for either owner-occupation or lease renewal (at end of current lease)
- Pool and Gymnasium facilities
- Griffith is superbly located; right on the fringe of the Parliamentary Triangle

- Body Corp Strata: $502.70 pq (sinking fund only payable)
- Land Tax: $2748 pa
- Rates: $1972 pa

2017/2018 rental income:
$22,990
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:House
House Size:63 (approx)
EER:5
Stamp Duty:$6,980

Map

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What's Nearby

Telopea Primary School, BartonPrimary School
0.6km
Telopea High School, BartonHigh School
0.6km
The Canberra HospitalHospital
4.5km
Canberra CentreMajor Shopping Centre
4.2km
Australian National UniversityUniversity
4.6km
St Edmund's CollegeCollege
0.8km
Manuka Post OfficePost Office
0.5km
Belle Property Kingston

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            Griffith Suburb Information

            Median Sale Price For Griffith
            $485,000
            Average Age
            40 years
            Population
            3,899
            Griffith Profile
            Griffith Occupancy

            Contact agents

            Belle Property Kingston

            Belle Property Kingston

            Licensed Agent & REIACT Member
            REIACT
            View agency details
            Rob CappuccioBelle Property Kingston
            Michael PeadBelle Property Kingston
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            This listing has been viewed 9756 times. It was first displayed on 23/08/18 and last updated on 08/07/19.