Perfectly located in the popular 'The Griffin' development which is situated across the road from the Kingston Shops, this spacious two-bedroom apartment is the investors dream. Kingston is renowned as one of the best places in Canberra to buy an investment property due to its proximity to the Parliamentary Triangle and the large workforce that works there. The property is also walking distance to Lake Burley Griffin, Manuka, Telopea Park and an easy commute to the city.
Stepping inside you are met by an entry hallway which provides privacy and noise protection from the communal stairwell. The living area is a generous size and the open plan kitchen is well-appointed and in good condition. Both bedrooms are large enough to fit study desks which is rare and both have built-in robes.
This property is currently leased at $575 per week to two great tenants until July 2020. This means that the owner will be guaranteed a fantastic rate of return.
Great rate of return rented for $575 per week until 11/07/20
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.