40/101 Hennessy Street

Belconnen ACT 2617

Situated within the 'UniGardens' this apartment presents an excellent cash positive investment opportunity. The apartment obtains 2 bedrooms, 2 built-in robes and a practical yet spacious bathroom that caters both rooms. The open-plan living and dining area opens to a large terrace area allowing a pleasant living space with natural light.

Boasting exceptional accessibility, with public transport right at your doorstep. It's just minutes away from renowned institutions such as the University of Canberra and the Canberra Institute of Technology, as well as popular amenities like Westfield, Belconnen Town Centre, and CISAC. This presents an ideal opportunity for an investment that requires minimal management and promises steady returns.

Features:
Currently managed by Uni Gardens.
Currently in occupancy agreement until January 31st of 2025 for $440 per week
Open plan living area
Spacious kitchen with electric appliances
Ceiling fans in the bedrooms
2 bedrooms
Covered terrace area
Facilities include a large reading room, billiards room, laundry & dining hall
Bus stop located directly out the front
Close proximity to UC, CIT, Belconnen Town Centre & CISAC
Low maintenance investment property
Affordable entry level option for investors

Key figures:
Living: 45m2
Balcony: 6m2
Body Corporate: $2,848 p.a (approx.)
Sinking Fund: $936 p.a (approx.)
Rates: $1,440 p.a (approx.)
Land Tax: $1,696 p.a (approx.)
EER: 6
Build: 2010

Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.