FOR SALE
$350,000 (Investor or Student Only)

27/101 Hennessy Street
Belconnen ACT 2617

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
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Exclusive Investment: Property in the Heart of Belconnen

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 investor market easily with this affordable, low-maintenance 3-bedroom apartment offering enticing rental returns. Join the ranks of satisfied investors at the Unigardens complex, known for its consistently low vacancy rates due to its prime location.
Nestled within the UniGardens community, this apartment presents a lucrative cash-positive investment opportunity. Featuring three bedrooms, the main bedroom includes an ensuite and a built-in robe, while the two additional bedrooms share the main bathroom. The open-plan living and dining area seamlessly flows onto a North-facing covered balcony, creating a welcoming living space bathed in natural light.
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.
• Shared apartment occupancy agreement. 2 out of 3 rooms are currently rented.
• 3 bedrooms all with unique access and one with ensuite
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Property Details for 27/101 Hennessy St, Belconnen

27/101 Hennessy St, Belconnen is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a floor size of 78m2. The place is currently for sale with Archer Canberra .

Building Type
House
Floor Size
78m2

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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 5,937 properties. Over the last 5 years, Houses in Belconnen have seen a 63.87% increase in median value, while Units have seen a 35.34% increase. As at 31 July 2024:

  • The median value for Houses in Belconnen is $652,297 while the median value for Units is $497,553.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 66 properties listed for sale, and 48 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Belconnen.

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Contact agent
Sohail Awan
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Archer Canberra
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