4/65 Melba Street Downer ACT 2602

NEXT INSPECTION:
+ Sat, 25th Feb 11:30AM – 12:00PM Email Agent

Positive cash flow investment!

4/65 Melba Street, Downer
MUST BE SOLD BY MARCH 2017!

This property will benefit from the light rail project

This well-kept unit presents a unique opportunity for investors: it's set behind established gardens in a highly sought-after area, but doesn't carry the usual Inner North price tag.

Prospective tenants looking for an attractive, cosy space will appreciate the large bedroom, open living area filled with natural light, neat kitchen, storage areas and clean white walls throughout.

This secure, ground-floor unit ina complex of just 8, will suit professionals or university students who recognise that this unit in the quiet section of Melba Street is an ideal base for commuting around the city, since the area is peppered with bus stops and is close to major arteries like Northbourne Avenue. It's right near ovals, schools, restaurants, fitness centres, nature reserves, and the Downer streets famous for their deciduous trees that turn stunning colours in autumn. The popular Dickson Shops are just a walk away, and the city centre is only minutes down the road.

This apartment will take full advantage of the light rail, with two stops within a 10 minute walk.

Currently returning a 5.74% rental yield (gross), can you afford not to buy this?


• Rates $1415.14pa
• Water Rates $640pa
• Land Tax $1707.84pa
• Body corporate fees $2591.20pa
• Currently tenanted until February 2017 @ $265 per week. VACANT POSSESSION AVAILABLE from 14.2.17

 
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Inspection Times

  • Sat, 25th Feb 11:30AM 12:00PM

Key Features

Energy Rating 2.5
    Land
    1190m²
    Building Area
    37m²
    Last updated 03:39PM on Feb 22nd 2017
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    2 Dyer Place Wanniassa
    Wanniassa ACT, 2903

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    2 Dyer Place Wanniassa
    Wanniassa ACT, 2903
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    38 Wattlebird Way39 Buckmaster Crescent79 Noyes Lane4 Strachan Place36 Dinnison Circuit107/10 Currie Crescent
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