6/14-16 Discovery Street, Red Hill ACT 2603

PRICE REDUCTION!
Uniquely located in the popular Banc' Complex this renovated and fully furnished one bedroom unit is ready for its new owners!

Attention investors - this property has been rented in the past for $425.00 a week and has a current rental range of $380.00 to $400.00 a week. Coupled with an even more realistic sales price means real potential for investors to yield a good nett return.

This unit has produced higher than average weekly rental returns, a consistently low vacancy history and been continuously tenanted to executive/ professional public servants given its' parliamentary circle location and being only a few minutes walk to Red Hill shops and public transport.

Featuring a stunning parquetry floor, the open plan living areas are light and airy and feature an attractive updated kitchen with loads of marble bench space, stainless steel appliances, dishwasher with an adjoining compact European laundry.

The living area leads to a balcony with leafy views across Red Hill and to the mountains beyond. The large carpeted bedroom has built in robes and the updated bathroom includes floor to ceiling tiles.

Downstairs there's a single undercover car space and an attached storage cage.

This small boutique complex of 13 units provides a perfect investment opportunity or a comfortable, convenient and stylish lifestyle in the Inner South.

Features Include:
• Renovated one bedroom unit
• Tree-top and extended mountain views
• Direct access from street
• Light-filled open plan living area opening onto balcony
• Electric heating unit in living area
• Renovated kitchen with dishwasher
• European style laundry
• Single under cover parking with attached storage cage
• E.E.R. 1.5

$3,048. - Body Corp yearly fees
$1,334. - General rates
$1,094. - Land tax
If you would like more information about this unique property please contact Greg on 0432 365 184.