FOR SALE
$155,000

5/93-101 Hennessy Street
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 31m2
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High Yielding Investment Opportunity

* Please note this apartment can only be occupied by students. *
Located in the heart of Belconnen, this studio apartment in the UniGardens is just minutes away from public transport, the University of Canberra, Canberra Institute of Technology, Westfield shopping centre, Belconnen Town Centre, and CISAC.
This studio apartment presents a hassle-free investment opportunity offering high rental income and low vacancy rates. Only to be occupied by students.
UniGardens has its own in-house management team and in-built security systems. Featuring a range of amenities including a gym, billiards room, reading room, laundry facilities, and a dining hall, all designed to enhance the comfort and convenience of student living.
Features:
* North facing ground floor studio apartment
* Compact kitchenette with electric cooking
* Built in mirrored robe
* Light and bright with leafy outlook
* Well-appointed bathroom
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Property Details for 5/93-101 Hennessy St, Belconnen

5/93-101 Hennessy St, Belconnen is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 31m2. The place is currently for sale with LJ Hooker Belconnen.

Building Type
Apartment
Floor Size
31m2

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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 5,978 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 68 properties listed for sale, and 49 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Belconnen.

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George Vlandis
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Joy Patel
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LJ Hooker Belconnen
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