27/28 West Row,City ACT 2601

On floor: 1

Outstanding Investment in Central Civic Location

This one bedroom first floor apartment at Quest Canberra is a great opportunity to secure a set and forget investment with an income which increases annually. Located in the historic Melbourne Building, in the heart of Canberra, the apartment features a good sized bedroom and living area, and a modern galley kitchen with stone benchtops, glass splashbacks and modern appliances.
This is an excellent investment with a current gross rent of $1973.88 per month or $455 per week which represents an annual gross return of approximately 7.2%. Canberra Quest Inn Pty Ltd is your tenant and each year there is an automatic 4% increase in rent. This agreement allows for 3 x 5 year lease periods giving you a total of 15 years secure return. There are no Management Fees.

Book now to view this beautifully presented and well maintained investment property.



  • Quest serviced apartment
  • Guaranteed income/secure return
  • 15 year lease
  • 4% annual increase in rent
  • One bedroom
  • Modern kitchen with stone benchtops and glass splashback
  • Lounge with study nook
  • Reverse cycle air conditioning
  • Located in historic Melbourne Building
  • Close to bustling Civic and the Light Rail station
  • Strata Levy $2172 pa
  • No Management Fees (a saving of approximately 8.8% pa)


*Please note that an EER is not required for these apartments as they are under a commercial lease, therefore the stated EER does not apply.

  • Body Corporate
  • Broadband
  • Dishwasher
  • Fully Furnished
  • Shower
  • Split System a/c
Can I afford this property?


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

Key Details

Property Type:Apartment
Stamp Duty:$5,620
Rod Meates Property

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What's Nearby

Ainslie Primary School, AinsliePrimary School
Campbell High School, CampbellHigh School
Calvary Private HospitalHospital
Canberra CentreMajor Shopping Centre
Australian National UniversityUniversity
Merici CollegeCollege
City Post OfficePost Office

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            City Suburb Information

            Median Sale Price For City
            Average Age
            24 years
            City Profile
            City Occupancy

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            Rod Meates Property

            Rod Meates Property

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            Rod MeatesRod Meates Property
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            This listing has been viewed 8185 times. It was first displayed on 10/09/18 and last updated on 25/06/19.