86/41 Chandler Street

Belconnen ACT 2617

Rented on a fixed term lease until October 2024! With a clause to increase the rent if desired in October 2023

It is not every day a property is priced to represent crazy value, but when a property is be sold immediately for 10% less, you can't get better value than that! The owner is not in financial strife, to the contrary - they saw a great home to buy and didn't want to pass up the opportunity. To meet that contract settlement means U86 needs to be sold immediately with a 28 day settlement by mid-late June as there is no mortgage and the cash needs to be released.

Combined with a level 16 position with views over the Town Centre to the suburbs beyond, it is a rare opportunity offering an investor a solid return at $440pw on a fixed lease until October 2024, with the ability to increase rent in October this year 2023 (managed by Edge Sam Buchanan).

64m2 of living, a 6m2 balcony and extra storage cupboards in the entry plus no wasted space enhances the very large feeling thanks to clever design and high ceilings. Liveability is extended outside the apartment with resort style facilities within Altitude that include a heated pool and fully equipped gym whilst the ability to be at any of the town centres many amenities is literally less than a 5 minute stroll away in all directions.

Keys Figures (approx.):
Living size: 64m2 Balcony size: 6m2 Strata: $4,435pa Strata admin/sinking fund: A healthy $1.522m Rates: $1,250pa (estimated) Land Tax (if rented): $1,450pa (estimated) Rental return: $440pw fixed term lease until October 2024, can increase rent in October 2023 Features:
Sliding door access to the balcony from bedroom and living room No wasted space in the apartment 2.7m high ceilings Square set cornices Double glazed windows Spacious bedroom with mirrored built-in robes Stone benchtops and modern kitchen Bosch stainless steel appliances including dishwasher Full height tiling, semi-frameless shower screen & designer fittings to the bathroom Fisher & Paykel clothes dryer Reverse-cycle Daikin split system heating and cooling Altitude benefits:
Intercom and lift access 87 visitor car park spaces in the basement Basement car parking with storage cage Heated outdoor pool Indoor gymnasium Outdoor BBQ area & recreational area Provision for pay TV Only a moment's walk away from Emu Bank eateries and Westfield