FOR SALE
$210,000 (Investor or Student Only)

14/101 Hennessy Street
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Perfect Investment: Prime Locale for Students & Investors!

PLEASE NOTE: The property can only be occupied by students.
*This property will be shown by private inspection only for a private inspection, contact Sohail at 0494 061 714*
Step into the investment market effortlessly with this affordable, low-maintenance one-bedroom apartment, offering attractive rental returns. Join the ranks of satisfied investors at the UniGardens complex, renowned for its consistently low vacancy rates thanks to its prime location.
Situated within the UniGardens community, this apartment is a cash-positive investment opportunity. It features a spacious bedroom with an ensuite and built-in robe, while the open-plan living and dining area flows onto a sunlit, north-facing covered balcony, creating an inviting space perfect for relaxation.
Benefiting from exceptional accessibility, with public transport conveniently located right outside your door, this property is mere minutes away from prestigious institutions like the University of Canberra and the Canberra Institute of Technology. It's also within proximity to popular amenities such as Westfield, Belconnen Town Centre, and CISAC. Don't miss out on this opportunity for an investment that demands minimal management and ensures consistent returns.
Features :
• Secure building
• Currently managed by Uni Gardens.
• On-site building manager
• Facilities include a large reading room, billiards room, laundry a recently renovated mess/dining hall
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Property Details for 14/101 Hennessy St, Belconnen

14/101 Hennessy St, Belconnen is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Archer Canberra .

Building Type
Apartment

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About Belconnen 2617

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 6,029 properties. Over the last 5 years, Houses in Belconnen have seen a 12.34% increase in median value, while Units have seen a 31.83% increase. As at 30 September 2024:

  • The median value for Houses in Belconnen is $500,027 while the median value for Units is $495,482.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 65 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Belconnen.

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Sohail Awan
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Archer Canberra
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