47/10 Ipima Street, Braddon ACT 2612

Auction Location: Pialligo Estate.

BIDDER'S GUIDE - $365,000 +

The investment market can be stressful to navigate, which is why having some certainty and security in your investment is so worthwhile!

The leasing arrangement is fixed until November 2019, and is indexed against CPI, with a further 3 year extension option (subject to the agreement of both parties). This means that your investment is not only safe, but also outperforms any other property at this price that you are likely to come across. The income figure noted above is also the net figure to the owner, so no need to deduct management fees.

Aside from the obvious investment benefits, this modern apartment has so much going for it. The North-facing aspect allows for great natural lighting throughout the day, and the generous bedroom also features a walk-in robe, which is rare for apartments of this type.

The complex itself is well-maintained, and offers residents an indoor pool, gym, and barbecue area. It is also exceptionally located. The future light rail stop is located right on the corner, so will be able to simply walk out your front door, and have easy access to a growing range of destinations in Canberra. Of course, if you are wanting to go to Braddon or Civic, you can easily walk there.

What's on offer:
-Secure, high performing investment property
-$1,939/month net income
-North-facing apartment
-Walk to Braddon, Civic, ANU and the Light Rail

Modern apartment with high-end inclusions, including:
-Kitchen with stone benches and integrated appliances
-Reverse cycle air-conditioning
-Walk-in robe to bedroom
-Video intercom
-Foxtel & NBN ready
-Secure basement parking
-Indoor pool, gym and recreation areas on-site

EER 6.0