608/74 Northbourne Avenue, Braddon ACT 2612

Be part of the booming new "Braddon Lifestyle", with this superb two bedroom ensuite apartment that is sure to impress even the most discerning buyers.
The property is situated in the sixth floor of the inner city "Medina" serviced apartment complex, and is positioned in a very desirable external corner position, boasting views from all rooms including a bay window in the spacious kitchen. Our current owners have just refurbished the property to a very high standard (required by "Medina") including new paintwork, stylish soft furnishings, new carpets, designer bed heads and new furniture throughout.

"Medina" currently manages the apartment in a rental pool and very good fixed returns are provided to the owners. You have the option to leave the property in the rental pool and keep obtaining a very good return or remove from the pool and live in yourself. The building is maintained to a very high standard both inside and outside, and access is provided to a sparkling north facing heated swimming pool, plus a fully equipped gymnasium and sauna to ensure you maintain good health and a healthy glow. Reverse cycle air conditioning is also included together with secure undercover parking. Stamp duty on investment properties purchased in the ACT is generally tax deductible if maintaining the property as a rental proposition. (Stamp Duty is not deductible on NSW properties due to freehold system of land tenure in NSW)

Features Include:

• Two bedroom recently renovated apartment ( 82m2 living + balcony )
• Light and airy stylish interior
• Sited on an external corner of the complex
• Sixth floor location with views from every window including the kitchen
• Master bedroom with ensuite bathroom and spa bath
• Stylish furniture included
• Spacious kitchen with dishwasher and bay window
• Reverse cycle air conditioning
• Beautiful north facing heated swimming pool with bbq facilities
• Gymnasium and sauna
• Proposed new light rail system at your doorstep
• 5 minute walk to "Canberra Centre" shopping precinct, restaurants and movie theatres
• In the heart of Canberra's CBD
• Excellent live in or investment opportunity, park the car and walk to work option
• Currently in the " Medina " rental pool showing good fixed rental returns
• Can be removed from the rental pool if wishing to live in yourself
• 24/7 very friendly and secure concierge service
• Secure under cover parking with lift access
• Excellent local public transport available, with Canberra to Sydney coach service 200 metres from complex

EER: 6
Land Rates: $1,078 pa (approx.)
Land Value: $55,303 (approx.)