28/101 Hennessy St, Belconnen is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 2704m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Boasting an impressive rental yield with on-site management this is a unique opportunity for investors to just set and forget. Part of the popular UniGardens', this property is conveniently located in the heart of Belconnen, with public transport at the front door and only minutes away from University of Canberra, Belconnen Town Centre, Belconnen Markets and CISAC. This is an investment you will want to keep in your portfolio for years!
The 3 bedroom dual key apartment comprises of a 1 bedroom flat complete with ensuite, kitchen, family room, inbuilt study desk and private balcony. The second flat comprises of 2 bedrooms with separate key access and is serviced by a shared kitchen, bathroom and meals area.
This is an attractive investment opportunity with the apartments currently providing an exceptional rental return of a combined total of $810 per week and providing the added security of an on-site Building Manager.
Features Include:
Fully furnished apartments
Secure building
On-site building manager
Facilities include a large reading room, billiards room, laundry and convenience store.
Secure car parking
New Flooring throughout
Bus stop located directly out the front
Short walk to the Belconnen Town Centre, CISAC & University of Canberra
28A inclusions:
Kitchen with fridge, stove, microwave and basic utensils
Living area with dining table and 2x chairs
Study desk with chair
1 Bedroom with 2x single beds and side tables
Ensuite
Tenanted for $390 per week
28B inclusions:
Kitchen with fridge, stove, microwave and basic utensils
Meals with dining table and chairs
Bathroom
2 bedrooms with single beds and side tables
Both bedrooms are Tenanted for $210 per week each
Particulars:
Exceptional rental return of $810 per week
Built: 2010 approx
EER: 6.0
Living: 74m2
Balcony: 7m2
On-site management from UniGardens with a fee of 8%
Body Corp: $1,259.98 per quarter
Rates: $1,323 pa
Land tax: $1,564.82 pa
PLEASE NOTE: This property can only be occupied by Uni Students
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 4.09% increase in median value, while Units have seen a 28.21% increase. As at 31 October 2024:
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