Secure Investment with Long Term Tenancy in Place
Offering immediate income and the security of a long term tenancy, this spacious two bedroom apartment presents a compelling opportunity for investors seeking a well positioned, low maintenance asset in the heart of Belconnen.
Currently leased at $620 per week until 10 August 2027, the property provides rental income from settlement with the confidence of a fixed term tenancy already in place.
Offering an impressive 89m² of internal living, the apartment provides generous proportions that help distinguish it from many comparable properties. The well considered floor plan features a spacious open plan living and dining area filled with natural light, flowing effortlessly onto a private balcony.
Freshly painted throughout and complemented by brand new carpets, the apartment presents exceptionally well. The kitchen offers generous bench space, quality appliances and excellent storage, while both bedrooms are well proportioned and thoughtfully separated. The spacious main bedroom features a walk in wardrobe and private ensuite, with a second bathroom adding further flexibility and strengthening the property's appeal to professional couples and shared households.
Reverse cycle air conditioning, secure basement parking and a convenient ground floor position add to the overall tenant appeal, while the low maintenance nature of the property makes it an attractive set and forget addition to an investment portfolio.
Location remains one of the property's strongest fundamentals. Lake Ginninderra and its surrounding walking trails are just a short stroll away, while Westfield Belconnen, cafés, restaurants, CISAC, the University of Canberra and public transport are all within easy reach. This combination of education, employment, retail and lifestyle amenities continues to support rental demand across the Belconnen precinct.
With a secure tenancy through to August 2027, generous internal proportions and an established location close to major employment and education hubs, this is an investment opportunity with strong fundamentals and immediate income.
The Perks
• Currently leased at $620 per week until 10 August 2027
• Secure rental income from settlement
• Generous 89m² of internal living
• Freshly painted throughout with brand new carpets
• Ground floor position offering excellent accessibility
• Spacious open plan living flowing to a private balcony
• Two well proportioned bedrooms with excellent separation
• Main bedroom with walk in wardrobe and private ensuite
• Modern kitchen with quality appliances and generous storage
• Reverse cycle air conditioning for year round comfort
• Secure basement car space
• Walking distance to Lake Ginninderra and Westfield Belconnen
• Close to the University of Canberra and major employment hubs
The Numbers
• Living: 89m²
• Bedrooms: 2
• Bathrooms: 2
• Car spaces: 1
• Energy Efficiency Rating: 6.0
• Current rent: $620 per week
• Fixed term tenancy until: 10 August 2027
• Strata levies: $1,258.31 per quarter (includes all water usage)
• Rates: $412.50 per quarter
• Land tax: $492.33 per quarter
• Year built: 2009
Disclaimer: The material and information contained within this marketing is for general information purposes only. The Property Collective does not accept responsibility and disclaims all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries. 
