$205,000
7/270 Fourth Street, Wonthella WA 6530
Unit / Apartment
21
Block size: 2024 m² approx.
Investment opportunity Or Affordable Home!
Introducing Unit 7/270 Fourth St., a double-brick residence boasting 2 bedrooms and 1 bathroom. This property is a fantastic addition to your investment portfolio or an ideal first home if you're ready to break free from the rental cycle.
Nestled in the charming suburb of Wonthella, this unit offers convenience at your doorstep. Immerse yourself in the community as you're just a short walk away from schools, a bustling shopping center, vibrant sporting grounds, and the Aquareena public swimming pool.
The strategic location not only enhances your lifestyle but also adds significant value to your investment. In a market where rental vacancy rates remain at an all-time low, Unit 7/270 Fourth St. stands out with a rent appraisal of $300 per week. This impressive figure translates to a Gross Return on Investment (ROI) of 7.6%, a remarkable opportunity that you won't easily find elsewhere.
Furthermore, the property is currently occupied under a periodic lease, providing flexibility for both investors and potential owner-occupiers.
STRATA Levies: $1,997.04 per year
Council Rates: $1,960.00
Water Rates: $772.81
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Nestled in the charming suburb of Wonthella, this unit offers convenience at your doorstep. Immerse yourself in the community as you're just a short walk away from schools, a bustling shopping center, vibrant sporting grounds, and the Aquareena public swimming pool.
The strategic location not only enhances your lifestyle but also adds significant value to your investment. In a market where rental vacancy rates remain at an all-time low, Unit 7/270 Fourth St. stands out with a rent appraisal of $300 per week. This impressive figure translates to a Gross Return on Investment (ROI) of 7.6%, a remarkable opportunity that you won't easily find elsewhere.
Furthermore, the property is currently occupied under a periodic lease, providing flexibility for both investors and potential owner-occupiers.
STRATA Levies: $1,997.04 per year
Council Rates: $1,960.00
Water Rates: $772.81
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Will McKenzie to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
1
Property type:
Unit / Apartment
Block Size:
2024 m²*
Other Details
Lot:
7
Legal description:
S045205/7
Maps and area information
Block information
Block size: 2024m² (approx)
Legal description: S045205/7
Measurements are estimates only and based on data provided under licence from
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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.
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Nearby sales
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We found 15 units / apartments with 2 bedrooms that just sold near 7/270 Fourth Street Wonthella
Property history
We couldn't find any history for this property.
See Wonthella's suburb profile
Wonthella suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
1,711
Listing ID: 182267055. This listing has been viewed 4 times. It was first displayed on 02/02/2024 and last updated on 04/04/2024.
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.