$300,000 plus
5/46 Tower Road, New Town TAS 7008
Apartment
111
Block size: 56 m² approx.
Exciting Opportunity for Investors and First Home Buyers
Explore the exciting potential of 5/46 Tower Rd, New Town, where a promising investment opportunity awaits in the form of a one bedroom unit. Currently leased until 4th October 2024 at $300 per week, this property presents a consistent income for investors, complemented by the added allure of a private balcony, seamlessly merging indoor and outdoor living.
Situated in a prime central location, the unit provides convenient access to public transport and shopping centers, with the added advantage of being close to the cycle way leading directly to the CBD. Step out onto your private balcony to savor the fresh air and expand your living space, enhancing the overall charm of this property.
Inside, discover a well-designed living space featuring a generously sized bedroom, a spacious open-plan layout comprising living, dining, and kitchen areas, as well as a well-appointed bathroom and amenities. The balcony serves as a delightful retreat, offering an ideal spot for relaxation.
In the midst of a dynamic real estate market, this property caters to both investors seeking growth opportunities and prospective residents planning to make this unit their home post-lease. Additionally, the property serves as an affordable entry point, with council rates at $1,060 approx, water rates at $1,020 approx, and Body Corp fees at $1,750 approx.
Call us today to book an inspection.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Situated in a prime central location, the unit provides convenient access to public transport and shopping centers, with the added advantage of being close to the cycle way leading directly to the CBD. Step out onto your private balcony to savor the fresh air and expand your living space, enhancing the overall charm of this property.
Inside, discover a well-designed living space featuring a generously sized bedroom, a spacious open-plan layout comprising living, dining, and kitchen areas, as well as a well-appointed bathroom and amenities. The balcony serves as a delightful retreat, offering an ideal spot for relaxation.
In the midst of a dynamic real estate market, this property caters to both investors seeking growth opportunities and prospective residents planning to make this unit their home post-lease. Additionally, the property serves as an affordable entry point, with council rates at $1,060 approx, water rates at $1,020 approx, and Body Corp fees at $1,750 approx.
Call us today to book an inspection.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Inspections
Can't inspect in person?
Contact Justin Atkinson to enquire about this property including alternatives to in-person inspections.
Key details
Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
56 m²*
Other Details
Volume:
5
Folio:
152579
Legal description:
152579/5
Next Inspection:
Maps and area information
Block information
Block size: 56m² (approx)
Legal description: 152579/5
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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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.
Enrolment areas for ACT public schools.
What's nearby
Bowen Road SchoolPrimary School
0.4km
New Town High SchoolHigh School
0.5km
Rehabilitation TasmaniaHospital
0.2km
Hellas StoreMajor Shopping Centre
2.7km
Elizabeth CollegeCollege
3.2km
Moonah Post OfficePost Office
0.9km
Tafe - Hopkins Street CentreTafe
0.5km
Property history
We couldn't find any history for this property.
See New Town's suburb profile
New Town suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
6,781
Listing ID: 182236248. This listing has been viewed 79 times. It was first displayed on 22/01/2024 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.