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Apartment For Sale

Prime Investment Opportunity at the Heart of Canberra

Apartment For Sale

$615,000

Property Overview

43 / 260 City Walk, City, Australian Capital Territory 2601

Price
$615,000
Status
For Sale
State
Australian Capital Territory
  • 2 Beds
  • 2 Baths
  • 1 Cars
  • VIEW LOCATION

    Description

    Prime Investment Opportunity at the Heart of Canberra

    Discover a prime investment opportunity at 43/260 City Walk, nestled in the vibrant heart of Canberra. This meticulously maintained, currently leased two-bedroom, two-bathroom apartment is situated on the ninth level of the prestigious Highgate complex. It represents an exceptional asset for investors seeking immediate rental income of $665 per week within a highly sought-after urban location.

    The apartment's thoughtful design is evident throughout, beginning with the spacious master bedroom featuring a generous layout and an ensuite bathroom. The second bedroom, complete with built-in robes, offers ample space and storage, catering perfectly to tenants' needs and contributing to sustained occupancy.

    At the heart of the residence is a modern kitchen, equipped with a sleek benchtop, electric cooktop, oven, dishwasher, and extensive cabinetry—ideal for seamless city living. The European laundry, complete with a dryer, adds an extra layer of convenience, making everyday living effortless.

    Step outside to a generously sized balcony offering breathtaking city views—a perfect private retreat for relaxation or entertaining. The apartment is fitted with ducted heating and cooling, ensuring comfort throughout all seasons.

    Residents of the Highgate complex enjoy exceptional amenities, including a swimming pool, gym, theatre room, and BBQ area—all conveniently located on the same level. These features elevate the living experience, combining luxury with ease.

    Strategically positioned, this property boasts close proximity to Canberra Centre, Commonwealth Park, and Lake Burley Griffin, placing the best of Canberra's lifestyle and amenities at your doorstep. This is an outstanding opportunity for investors seeking both a high-quality asset and a prime location.

    Additional features include:
    Rented for $665 per week
    Positioned on the Ninth floor
    Spacious open-plan living and dining with balcony access
    Designer kitchen with Ilve appliances and stone finishes
    Two bedrooms with built-in robes
    Two modern bathrooms
    European laundry with washer and dryer
    Ample storage throughout
    Secure basement parking for one vehicle on Level 2 with storage.

    Property Details:
    Land Tax $626.40 per quarter (if payable)
    Rates $498.00 per quarter
    Levies $1,686.25 per quarter
    EER 6
    Apartment Size: 72m2 Living plus Balcony: 14m2
    Number in Complex: 191
    Storage: 1m2 Level 2 Carpark: Level 2

    Disclaimer:
    While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

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