$505,000

1 Bed  •  1 Bath  •  1 Car

Main view of Homely apartment listing, 904/25 Edinburgh Ave, Acton ACT 2601
Floorplan of Homely apartment listing, 904/25 Edinburgh Ave, Acton ACT 2601
Second view of Homely apartment listing, 904/25 Edinburgh Ave, Acton ACT 2601
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Sold

904/25 Edinburgh Ave, Acton ACT 2601

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$505,000

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Apartment Sold on Fri 28 Jun, 2024

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Apartment description

“Zero Vacancy Investment.”

Step confidently into property investment with this pristine 1-bedroom unit in New Acton's preferred Canberra precinct. A true set and forget opportunity within the heart of Canberra's City Centre, ANU and the Parliamentary triangle.

- Guaranteed annual income of $23,400 ($1950.00/month) from Ovolo Nishi, a 5-star hotel, ensuring zero vacancies and steady earnings.

- Enjoy minimal management fees and low body corporate costs, maximizing your financial gains.

- Experience luxury with elegant furnishings from Ovolo Nishi, meticulously cleaned daily for your peace of mind.

Features and Benefits:

- Secure a 5-star hotel tenant providing over $23,400 in annual returns.
- Zero vacancy if kept within hotel scheme.
- Potential rent if rented to public = $550/week.
- Breathtaking views of the Telstra Tower and Brindabellas.
- Low annual body corporate fees of approximately $4286 pa.
- High-yield investment in a growing location.
- Annual rates of about $1,420 and land tax (if rented) at around $1,627.
- Popular Kami Floorplan with largest balcony of that plan type.

Note: Whilst we endeavour to ensure access to advertised apartments, occasionally last minute bookings can affect access. Please call to make an appointment for a specific apartment.

Property features

balcony

Balcony

dishwasher

Dishwasher

intercom

Intercom

payTV

Pay TV

secureParking

Secure Parking

solarPanels

Solar Panels

Other features

0

Building details

Area: 60m²
Energy Rating: 6

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904/25 Edinburgh Ave, Acton ACT 2601
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