6/58 Bennelong Crescent, Macquarie ACT 2614

Whether you are looking for your first home or first investment property, this neat studio apartment offers an affordable entry into one of Belconnen's most popular suburbs. For the owner occupier, you can occupy without spending a cent on renovations or for the investor, this complex has a history of excellent returns and low vacancies. Currently returning over 6.5% gross!

Other features include:

• Solid brick construction
• Recently re-carpeted and freshly painted throughout
• Updated kitchen with stainless steel appliances including dishwasher
• Modern bathroom/laundry with IXL tastic
• Private balcony
• Covered car accommodation
• Currently rented for $250.00 per week
• EER 4.0

The location is excellent - a bus stop at your door, a short walk to the popular Macquarie shops and only minutes from Jamison Plaza, Belconnen Town Centre, A.N.U. and University of Canberra.

With interest rates below 5% and rental returns above 5%, now is the perfect time to invest in Canberra.

Rates: $1437 per year
Body Corp: $1913.60 per year
Land Tax: $1733.36 per year (investors only)