Modern Apartment in Prime Location – Strong Investment with Fixed-Term Tenancy

Modern Apartment in Prime Location – Strong Investment with Fixed-Term Tenancy

This fantastic apartment in the highly sought-after 'Avenue' complex offers the perfect blend of lifestyle, location, and investment appeal. Just a short walk from Canberra's city centre, this sixth-floor residence provides both a quality asset for investors and an exceptional living experience for tenants.

Currently leased at $620 per week on a fixed-term agreement until 3 August 2026, the property has a proven rental history and promises ongoing returns in a strong rental market. With Canberra's best amenities at your doorstep, there will be no shortage of prospective tenants eager to call this place home.

The apartment features two generously sized bedrooms, both with built-in wardrobes. The master bedroom includes a stylish ensuite, while the main bathroom is centrally located for convenience. The open-plan living and dining area flows seamlessly onto two glass-fronted balconies, one of which offers magnificent views toward Black Mountain – a perfect spot to unwind or entertain. The modern kitchen is well-appointed and spacious, ideal for home cooking or hosting guests.

Additional features include two secure car spaces in the basement with lift and intercom access, as well as a dedicated storage area. The complex itself is designed for relaxation and social living, with beautifully landscaped gardens, a sparkling swimming pool, a lap pool, and a shaded cabana area with barbecue facilities.

Offering comfort, convenience, and a secure lease, this apartment is an outstanding investment opportunity in one of Canberra's most desirable developments.

Property Highlights:
Great views, positioned on the 6 Level with views to black Moutain
Two bedroom, two bathroom, two balconies, two carapaces.
Secure complex
Close to all amenities

Property Details:
Apartment Size: 89m2 Garage Tandem: Basement level 1
Year built: 2005 Number in Complex 239
Balcony 8m2 Plus 3m2 Storage 1.7m2

Body corporate Fees: $1,710.25 per quarter
Plus cladding Loan repayment $1, 476.90 per quarter until March 2033
Rates: $459.00 per quarter Land Tax: $562.86 per quarter

Rental: In a fixed term until: 3 August 2026. Currently paying $620.00

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.