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$389,000

147/11 Giles Street, Griffith ACT 2603

Unit / Apartment2115.0
Unit / Apartment size: 63 m² approx.

INVESTORS ONLY

INVESTORS ONLY - FIXED LEASE TILL 2025 - HIGH YIELDING  
Fixed lease till 2025.
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

• Two bedroom unit. 63 m2 Living and 13 m2 Balcony
• Negative gearing opportunity for astute investor
• Gross rental yield 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: $1,462pa (sinking fund only payable)
• Land Tax: $2,750.05
• Rates: $1,973 pa

2018/2019 rental income: $23,523

In accordance with government restrictions, the number of attendees at our open homes is limited. Please register your interest with the listing agent to view the property during the advertised open home time. If you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled recently, we ask that you be respectful of the well-being of others and not attend the open home or auction.
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When to inspect

No open times scheduled
Contact agent to arrange an inspection.

Key details

Property Type:Unit / Apartment
Unit / Apartment Size:63 *
*These are approximate values based on available information.

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What's nearby

Telopea Primary SchoolPrimary School
0.6km
Telopea High SchoolHigh 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
Canberra Institute Of TechnologyTafe
2.2km

Repayments calculator

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            Property history
            New

            We couldn't find any history for this property.
            See Griffith's suburb profile

            Suburb and property insights

            Median salesMedian sales
            Median Sale Price For Griffith
            A$610,000
            Average Age
            41 years
            Population
            4,575
            Griffith's Property Profile
            Griffith's 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
            Please send me information on 147/11 Giles Street, Griffith ACT 2603
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            Listing ID: 175696794. This listing has been viewed 19122 times. It was first displayed on 23/08/2018 and last updated on 21/07/2020.