5/24 Frencham Street, Downer ACT 2602

Think future...think quick!

Jump into this updated ground floor, garden apartment with a fantastic yield of 7% gross per annum. Conveniently located, walking distance from public transport routes and just a couple of streets away from future light rail links to the city.

Currently rented at $385 per week till January 2018, this is the perfect investment for astute investors and first home buyers in a booming location close to Dickson's busy shops and restaurants precinct and a short journey to the CBD.

Enjoy garden vistas and plenty of natural light, captured by the large windows in every room. Two exit doors allow access from either side of the property and cross flow ventilation throughout the warmer months. Two good sized bedrooms, main with built in wardrobes, updated bathroom, functional kitchen with mirror splashback and zoned underfloor heating throughout the apartment. Set amongst attractive, well-manicured, established gardens with a private area, perfect for eating and reading outside on nice sunny days.

Positioned opposite the local shops you will need to be quick to secure this fantastic property!


• Two bedrooms, master with built-in robes
• Lounge room opens to the patio
• Combined kitchen and dining area
• Kitchen with electric cooking
• Combined bathroom and laundry
• Single carport
• Currently tenanted $385 per week till January 2018
• Unit levies $531pq - approx
• Water rates $160pq - approx
• General rates $363pq - approx
• Land tax $435pq - approx