Tucked away off Mowatt Street, this well presented 1 bedroom, 1 bathroom apartment offers the next owners a great investment opportunity, an apartment located minutes from the Queanbeyan CBD. For owner occupiers and tenants alike, you'll find easy access to a variety of shopping, dining, and transport options, in an apartment that is surrounded by mature trees and an easy walk to the river.
While compact in size, this apartment utilises every inch of space, offering a warm and inviting atmosphere. The clever design ensures that the living area feels spacious, making it perfect for both relaxing and entertaining. Off the living area is the kitchen, featuring a freestanding electric oven and cooktop. With a top floor location, the windows and the balcony are private and green. The bedroom has a built in robe, and an ensuite too. The complex is tidy, easy access to and from the carparks below the units, and the community areas are always well looked after.
Key features:
• 1 bed, 1 bath
• Single allocated car space
• Secure storeroom
• 56sqm internal space
• Built-in wardrobe in bedroom
• Chef oven
• 15 minute walk to Queanbeyan Park
• 350 metres to Queanbeyan River
Living: 37sqm
Carspace: 15sqm
Storage: 4sqm
Total: 56sqm
Council rates: $2,400.81/annum
Strata fees: $2,828/annum (2023)
This unit is currently tenanted, with a reliable and long-term tenant in place. It is currently leased at $285 per week, with a lease in place until 20/11/2025. This presents an excellent opportunity for investors seeking an income generating property with a stable and established tenant. The tenant has expressed interest in renewing the lease, offering peace of mind for any investor looking for a hassle free investment.
To arrange your inspection, contact Ava Merriman on 0429 517 003 or Ray White Bungendore on 6238 0700.
17/5 Mowatt Street is within easy reach of a wide range of amenities. Just a short 11 minute stroll away from Riverside Plaza, where you have access to shops, gyms, doctors, physios and so much more. For outdoor enthusiasts, the Queanbeyan Park is an easy 15 minute walk which offers plenty of green space to relax and enjoy. Public transport is easily accessible, with bus stops and the Queanbeyan train station just minutes away, providing direct connections to Canberra (a 20 minute drive). Additionally, essential services such as medical clinics, schools, and childcare centres are all within close proximity, making this location both convenient and well-connected.
DISCLAIMER. We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
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