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$389,000

5/11 Giles Street, Griffith ACT 2603

Apartment211

Beautifully Refurbished - Investors' Dream

INSPECTIONS BY PRIVATE APPOINTMENT     
Please contact Maria Selleck on 0417258803 for a private viewing

A hidden gem is waiting within the chic Inner-South locale of Griffith, moments to the boutique shopping and nightlife of Manuka and Kingston Foreshore and close to an array of government departments. Presenting an exceptional investment opportunity, this gorgeous two-bedroom furnished apartment in the stunning colonial-style 'Adina' serviced apartment complex presents outstanding peace-of-mind with an effortless guaranteed rental return of over $22,170.30 gross per year with a lease agreement through Adina until 2025 and two five year extension options. Recently renovated, the property offers two good-sized bedrooms, main with built-in-robes, modern kitchen with stone benches and stainless steel appliances, open-plan lounge and dining with access to the large balcony, stunning well-appointed bathroom with combined laundry, leafy front courtyard, and a private undercover parking space. The beautifully kept complex offers an indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens. Don't miss this rare and exciting opportunity for guaranteed income in a highly sought-after locale.

Fantastic Inner-South location between Manuka and Kingston
Close to an array of government departments
Exceptional investment opportunity with effortless guaranteed income
Set in the stunning colonial-style 'Medina Classic' serviced apartment complex
Lease agreement through Medina until 2025 and two five year extension options
Recently renovated
Two good-sized bedrooms, main with built-in-robes
Modern kitchen with stone benches and stainless steel appliances
Open-plan lounge and dining
Front courtyard
Balcony
Stunning well-appointed bathroom with combined laundry
Beautifully kept complex with indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens
A rare and exciting opportunity for guaranteed income in a highly sought-after locale
Guaranteed rental return of over $22,170.30 gross per year
Rates $1820.88 p.a
Land Tax $2663.92 p.a
Body Corporate
Admin: $1013.04 p.q (Paid by the hotel as part of the lease agreement)
Sinking Fund: $502.70 p.q
Can I afford this property?

Inspections

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Key Details

Property Type:Apartment
EER:2
Stamp Duty:$7,320
 
Maria Selleck Properties

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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

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            Griffith Suburb Information

            Median Sale Price For Griffith
            $687,500
            Average Age
            41 years
            Population
            4,575
            Griffith's Property Profile
            Griffith's Occupancy

            Contact agents

            Maria Selleck Properties

            Maria Selleck Properties

            Licensed Agent & REIACT Member
            REIACT
            View agency details
            Maria SelleckMaria Selleck Properties
            Please send me information on 5/11 Giles Street, Griffith ACT 2603
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            Listing ID: 175421835. This listing has been viewed 2534 times. It was first displayed on 06/02/20 and last updated on 31/03/20.