**Attention Investors: Gross rental yield is over 7% for this property **.
Could this be the perfect high yielding addition to your portfolio or an opportunity to purchase in a self-managed superannuation fund?
Discover this stylish one-bedroom apartment in the iconic Metropolitan development, offering the perfect blend of city lifestyle and investment potential. Ideally suited as a city pad or a high-yielding rental property, this home delivers convenience, comfort, and access to premium facilities.
Apartment Highlights
• Fully furnished and equipped, perfect for short term rental
• Large one-bedroom layout with separate living and dining areas
• Currently leased to long-term tenants on a periodic basis for $580 per week
• Allocated basement car space and secure storage enclosure
Internal Features
• Generous open-plan living space with separate dining area
• Modern kitchen with stone benchtops, mobile breakfast bar, and Fisher & Paykel appliances (dishwasher, oven, electric cooktop, range hood)
• Full-height pantry and ample storage cupboards
• Separate laundry within the bathroom
• Spacious bedroom with large built-in wardrobe and direct access to the bathroom
• Split-system reverse cycle heating and cooling
Metropolitan Development Amenities
• Heated indoor swimming pool & sauna
• Fully equipped gym with a wide range of equipment
• Landscaped podium gardens with BBQ facilities
• Secure video intercom and on-site building manager
• Pet-friendly (subject to body corporate approval)
Location Benefits
• Opposite New Acton's cultural and arts precinct
• Short walk to The Australian National University, Lake Burley Griffin, and Canberra's city centre
• Easy access to cafes, restaurants, bars, Palace Electric Cinemas, and convenience stores
• Upcoming Stage 2 light rail stop on London Circuit enhances connectivity
Key details;
• Living area: 71m²
• Balcony: 8m²
• Single car space in basement
• Lockable storage in basement
• Built: 2007
