48/101 Hennessy Street

Belconnen ACT 2617

UniGardens is 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 property provides a unique opportunity to set and forget, having on site management, a high gross rental yield of 8.88% and no vacancy for over 4 years. This is a property you will want to keep in your portfolio for years and years to come.The 1-bed studio apartment comes fully furnished and is complete with kitchen, bathroom and built in robes. This is an attractive investment opportunity with the apartment currently providing an exceptional rental return of $330 per week with the added security of an on-site Building Manager.Viewings are strictly by appointment only.Apartment Inclusions:Kitchen with fridge, stove, microwave and basic utensilsStudy desk with chair1 queen bedBathroom with shower, toilet amp; vanityLounge chairs x 2Features:Fully furnished apartmentLift accessMain foyer with lounge seatingSecure buildingOn-site building managerFacilities include a large reading room, billiards room, laundry and secure car parkingBus stop located directly out the frontShort walk to the Belconnen Town Centre, CISAC amp; University of CanberraParticulars:Student accomodationGross rental yield of 8.88%Exceptional rental return of $330 per week + Car Park: $10 per week = $340 per weekOn-site management from UniGardens with a fee of 8%Body Corp: $629.99 per quarterWater: $166.84 per quarterRates: $315.23 per quarterLand Tax: $367.54 per quarterVacancy rate: ZERO for the past 4 years