Leased Investment at $650 per Week with 6.38% Yield in Nightfall
Positioned within the sought after Nightfall development, this well designed two bedroom apartment presents a high performing investment opportunity with a strong return and immediate income from settlement. Currently leased at $650 per week until December, the property delivers an attractive gross rental yield of approximately 6.38% based on a $530,000 purchase price.
The open plan living and dining area is filled with natural light and flows to a private balcony, where elevated views enhance tenant appeal. The kitchen is well appointed with stone benchtops, quality appliances and generous storage, while both bedrooms include built in wardrobes, with the main bedroom complemented by a private ensuite. The layout offers excellent separation and functionality, making it highly desirable for professional tenants.
Additional features include reverse cycle air conditioning, two secure basement car spaces positioned close to the lifts, and a separate storage cage. These practical inclusions support long term tenant retention and ease of leasing.
Residents benefit from access to premium amenities within the Nightfall precinct, while cafés, restaurants, Woolworths Metro and everyday services are located at ground level. Westfield Belconnen, Lake Ginninderra and public transport are all within walking distance, reinforcing the strength of the location and ongoing rental demand.
A low maintenance, high yielding asset in a proven location, this is a true set and forget investment opportunity.
The Perks
• Leased at $650 per week with tenancy in place until late December
• Approx. 6.38% gross rental yield at $530,000
• Two bedroom, two bathroom floor plan with strong tenant appeal
• Light filled open plan living with private balcony
• Modern kitchen with stone benchtops and quality appliances
• Two secure car spaces located close to lifts
• Separate storage cage
• Walking distance to Westfield, cafés, restaurants and public transport
The Numbers
• Total area: 81m² (73m² + Balcony)
• Energy Efficiency Rating: 6.0
• Year built: 2022
• Rates: $462 per quarter
• Body corporate: $906 per quarter (approx.)
• Land tax: $476 per quarter (approx.)
• Current rent: $650 per week
• Gross yield: approx. 6.38%
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.