Rates: $2,895.00 per annum (approx)
Strata: $622.74 per quarter (approx)
Current Rental: $390 per week
Rental Yield: 6.76% (approx)
Offering an attractive combination of established rental income, low-maintenance living and a fantastic riverside location, this well-maintained one-bedroom unit presents an appealing opportunity for investors or first home buyers.
Currently returning $390 per week, representing an approximate gross rental yield of 6.76%. The property offers an established income stream with manageable strata contributions and strong positive cash-flow potential.
Positioned on the top floor of a peaceful and well-maintained complex, the unit offers a comfortable and practical layout enhanced by a raked ceiling, adding character and a greater sense of space. The open-plan kitchen and living area is complemented by a reverse-cycle split-system air conditioner, while the generously sized bedroom features a built-in robe.
Adding to its appeal, the complex is positioned directly opposite the Queanbeyan River, placing riverside walking paths and green spaces right on your doorstep. Queanbeyan Golf Club, local cafés, shops and everyday amenities are also within easy reach, creating an attractive lifestyle for residents and tenants alike.
Whether you're looking to secure your first investment, expand your portfolio or find an affordable home of your own, this property offers a compelling combination of rental return, riverside convenience and easy-care living.
Property Features:
• Top-floor position
• Complex positioned directly opposite the Queanbeyan River
• Strong positive cash-flow potential
• Tenant already in place
• Generously sized bedroom with built-in robe
• Open-plan kitchen and living area
• Raked ceiling adding character and a sense of space
• Reverse-cycle split-system air conditioning
• Communal laundry facilities available on each level
• Allocated carport
• Peaceful and well-maintained complex
• Close to riverside walking paths, Queanbeyan Golf Club, shops, cafés and everyday amenities
• Appealing opportunity for investors or first home buyers
To view contact Michael Edwards 0415 977 448 m.edwards@mcnamee.com.au
Disclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.
