SoldMay 6, 2019

59/101 Hennessy St, Belconnen, ACT, 2617

$175,000

1
1
31 m²

Studio

30+ days on the market

Sold: May 6, 2019

What's around 59/101 Hennessy St

Looking For A Rental Return Above 9%?

Whether you are an experienced investor or looking for your first investment opportunity, this studio will yield fantastic returns for many years to come. Currently renting at $318 per week within the UniGardens complex and with the convenience of on-site management to take care of your investment you can sit back and relax. Catering to Canberra's growing student community the complex provides accommodation to students enrolled in a tertiary course of study. Students will appreciate the short walk to UC campus or a quick bus ride from the front door to ANU campus. Also, close proximity to Westfield Shopping Centre, Belconnen Fresh Food Market and Bus Interchange makes the location highly desirable to prospective tenants. Onsite facilities also include a study room, billiard room and gymnasium. With low over heads (see below) this investment will be hassle free, secure and reliable. Land Tax: $1,374.00 p.a. General Rates: $1,050.00 p.a. Body Corporate: $2,212.00 p.a. (Note all costs are approximate)

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