Positioned in a quiet complex, this neat and tidy two-bedroom unit at 10/5 Young Street, Crestwood offers an exceptional opportunity for first home buyers and investors alike.
This 3 storey walk-up apartment complex is as solid-as-a-rock. Unit 10 is located in the middle and provides comfort, affordability, and unbeatable convenience. With low-maintenance strata costs and strong rental appeal, it's a smart choice for those looking to step into the market or expand their portfolio.
Currently capable of renting for around $440 per week as is, there's also excellent potential to boost returns further with some simple renovations and updates. For the savvy investor that is a 6.9% gross yield.
Bedrooms have been recently repainted and the property has new window furnishings. The bathroom has a near new hot water system and new vanity recently installed.
Perfectly positioned with easy access to Canberra Avenue, you'll enjoy a quick commute into Canberra while still benefiting from the relaxed Queanbeyan lifestyle.
Whether you're looking for your first home or a reliable investment with great growth potential, this one ticks all the right boxes.
Whats on offer.....
• Neat and tidy two-bedroom, one-bathroom walk-up unit
• Positioned on the first level of a solid built complex
• Low-maintenance strata costs – great for investors and first home buyers
• Strong rental potential
• Opportunity to increase returns with simple updates or renovations
• Excellent entry-level buying – perfect for first home buyers looking to build equity
• Solid construction
• Tiled flooring throughout ensures low maintenance living
• Internal laundry
• Ample storage throughout
• Both bedrooms have built in robes
• One allocated carport space
• Easy access to Canberra Avenue for a quick commute into Canberra
• Close to shops, schools, child care is 300m away and Queanbeyan town centre
Property facts……
• Living size: 54m2 (approx.)
• Rates: $684.70 per quarter (approx.)
• Strata Fees: $511.11 per quarter (approx.)
• Rental Appraisal: $440 per week
• Hot Water: Electric
• Electric Cooktop and Rangehood - near new
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Canberry Properties does not accept responsibility and disclaim 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.
