2 Kylie Tennant Street, Franklin ACT 2913

Nestled in the sought-after location of Franklin on a sunny tree lined street sits an exceptional investment opportunity. Only a short walk to the ever-growing Gungahlin town centre, minutes to the Canberra City and walking distance to the developing light rail makes this property the ideal choice for your next purchase. Designed to generate a strong income the property offers three separate townhouse style living options which are separately metered making management effortless. With each property returning a generous rental income along with a reasonable time frame left on each lease allows the new investor peace of mind when purchasing.

Gungahlin has seen rapid development over the last few years and is continued to remain one of Australia's fastest growing regions making it a smart investment, with strong returns and the potential for further capital growth.

Unit 1 (Front) - $420 per week Lease Expiry: (2 bedroom, 1 bathroom & 1 garage)
Unit 2 (Side) - $390 per week Lease Expiry: (2 bedroom, 1 bathroom & 1 garage)
Unit 3 (Top) - $400 Per week Lease Expiry: (2 bedrooms, 1 Bathroom & 1 garage)

Features Include:
- Short walk to Franklin early learning centre
- Short walk to Franklin park, walking trails & BBQ facilities
- Moments to Gungahlin Town Centre
- Easy access to Canberra City
- Large family home on offer of sound investment opportunity
- 3 separately metered apartment/townhouse style living options
- Each are fully self-contained with ample storage and a single lock up garage

Total rental income: $1,210 per week
Approximate rental yield: 6.52%
Year Built: 2009
Rates: $2,178.00pa (approx.)
Land tax: $3,045.00pa (approx.)
Total: 336.3m2
Garage: 68.2m2
Living: 268.1m2
Block: 650m2