Perfectly positioned in the heart of Belconnen, this contemporary two-bedroom apartment presents an outstanding opportunity for investors seeking immediate rental income with long-term security.
Currently leased until 1 July 2027, the apartment generates $760 per week, with the secure basement car space separately leased for an additional $30 per week, delivering a combined rental income of $790 per week and an estimated rental yield exceeding 7%.
Designed for practical everyday living, the apartment features a spacious open-plan layout with excellent separation between the living area and bedrooms. The generous living and dining space flows seamlessly onto a private balcony, creating the perfect indoor-outdoor connection.
Both bedrooms include built-in wardrobes, while the master bedroom enjoys the added convenience of a private ensuite. A second bathroom services the remainder of the apartment, making the layout ideal for professionals, couples, small families or shared accommodation. The modern kitchen sits at the heart of the home with ample bench space and storage, complemented by a European laundry and secure basement parking.
Located within walking distance to Westfield Belconnen, Lake Ginninderra, the University of Canberra, CISAC, restaurants, cafés, public transport and government offices, this apartment enjoys one of Belconnen's most convenient locations while continuing to benefit from strong rental demand.
Whether you are looking to expand your investment portfolio or secure a quality apartment with immediate income and long-term growth potential, this is an opportunity not to be missed.
Property Features:
-Secure lease in place until 1 July 2027
-Apartment leased at $760 per week
-Separate car space leased at $30 per week
-Combined rental income of $790 per week
-Estimated rental yield of over 7%
-Two generous bedrooms with built-in wardrobes
-Master bedroom with private ensuite
-Two modern bathrooms
-Spacious open-plan living and dining area
-Contemporary kitchen with quality appliances and excellent storage
-Private balcony extending from the living area
-European laundry
-Reverse-cycle heating and cooling
-Secure basement car space
-Secure building with lift access
-Prime Belconnen Location
Property Numbers: (Approx.)
- Internal: 73sqm
- Balcony: 8sqm
- Total living: 81sqm
- Rental income $790 per week until 01/07/2027
- Rates: $509/quarter
- Land Tax: $603.13/quarter
- Strata fees: $916.64
