Simply set and forget.

This spacious one bedroom apartment located in the modern ‘phoenix’ complex is currently tenanted in a fixed term lease until July 2012 achieving a great rent return at $440 per week unfurnished, making it the perfect set and forget investment for the smart buyer. With location and style such as this, the apartment will also work well in fully furnished accommodation with potential earnings at $650 per week.

Located in the heart of the action, walking distance to the city and the surrounding social hot spots Canberra has to offer, you will have no trouble attracting future tenants. Inside you will find a large living area flowing out to the well sized balcony which is surrounded by lush trees creating a private and tranquil feel. The kitchen features Bosh dishwasher, oven and cook top and stylish glass door cupboards and the living areas are serviced by a reverse cycle air conditioner.

The good sized bedroom features sliding robes and electric heating and the ensuite is equipped with a shower over bath. A big bonus not usually found in one bedroom apartments is the separate enclosed laundry ensuring easy living.

Well worth the inspection; get in quick as offers like this tend to go quickly.

Features

Spacious 1 bedroom apartment

Located in the modern ‘Phoenix’ complex

Good size balcony

Large living area

Bosch kitchen appliances

Reverse cycle air conditioning

Built in robes to master bedroom

Separate enclosed laundry

Secure underground parking

Pool and gym in complex

Just a hop skip and a jump to the city and surrounds

Disclaimer: While every effort has been made to ensure the contained information is correct, Maloney’s the Estate Agent or the vendor bears no warranty to the accuracy of the information provided and do or will not accept any liability for any errors, misstatements or discrepancies in that information. All purchasers must rely on their own enquiries.