608/74 Northbourne Avenue

Braddon ACT 2612

'Medina' currently manages the apartment in a rental pool and very good fixed returns are provided to the owners. You have the option to leave the property in the rental pool and keep obtaining a very good return or remove from the pool and live in yourself. The building is maintained to a very high standard both inside and outside, and access is provided to a sparkling north facing heated swimming pool, plus a fully equipped gymnasium and sauna to ensure you maintain good health and a healthy glow. Reverse cycle air conditioning is also included together with secure undercover parking. Stamp duty on investment properties purchased in the ACT is generally tax deductible if maintaining the property as a rental proposition. (Stamp Duty is not deductible on NSW properties due to freehold system of land tenure in NSW)
Features Include:
Two bedroom recently renovated apartment ( 82m2 living + balcony )
Light and airy stylish interior
Sited on an external corner of the complex
Sixth floor location with views from every window including the kitchen
Master bedroom with ensuite bathroom and spa bath
Stylish furniture included
Spacious kitchen with dishwasher and bay window
Reverse cycle air conditioning
Beautiful north facing heated swimming pool with bbq facilities
Gymnasium and sauna
Proposed new light rail system at your doorstep
5 minute walk to 'Canberra Centre' shopping precinct, restaurants and movie theatres
In the heart of Canberra's CBD
Excellent live in or investment opportunity, park the car and walk to work option
Currently in the ' Medina ' rental pool showing good fixed rental returns
Can be removed from the rental pool if wishing to live in yourself
24/7 very friendly and secure concierge service
Secure under cover parking with lift access
Excellent local public transport available, with Canberra to Sydney coach service 200 metres from complex
EER: 6
Land Rates: $1,078 pa (approx.)
Land Value: $55,303 (approx.)