34/10 Correa Street, O'connor ACT 2602
  • 1 Bed
  • /
  • 1 Bath
  • /
  • 1 Car
  • Sold

    Smell the Coffee Brewing

    Located just a hop skip and a jump to Lyneham shops and cafes, if you are a lover of a freshly brewed coffee it will be waiting for you every morning as you stroll past and enjoy the Inner North buzz.

    Here lies a fantastic opportunity to secure a property that will appeal to investors and first home buyers looking to get into the market at an affordable price.

    This one-bedroom ground floor apartment has all of the basics and with some renovations, these apartments offer a very comfortable lifestyle and a sound investment. The sound construction of this well-established complex also a good indication of the well-priced strata fees of $xxx per quarter (approx.).

    Potential investors should anticipate $350 per week in rent with no major work completed, however, with some renovations undertaken this could increase up to $390-$410 per week (approx.) based on other renovated 1 bedroom apartments currently being rented in O’Connor.

    The suburb of O’Connor is just 3km to the centre of Canberra City and Correa Street is an easy walk to public transport and the Light Rail stop on Northbourne Avenue.

    Jump onto the property ladder today and watch your investment grow. Properties in this price range are hard to find.

    Features:
    • 1 bedroom
    • Bathroom and laundry incorporated
    • Open plan living and dining
    • Tidy and functional kitchen
    • Electric heating
    • One carport and store cage
    • Easy stroll to Lyneham shops, cafes and public transport
    • Lyneham Primary School and Brindabella Christian College – all within 5 minutes walk
    • Ideal first home buyer or investment opportunity

    Facts:
    Strata Fees: $xxx pq (approx.)
    Rates: $1,908.46 pa (approx.)
    Land Tax: (if rented) $2,424.01 (approx.)
    Rental Appraisal: $350 (In current Condition) or $390-$410 (with Improvements)
    Please note: All figures are approximate, and buyers should make their own enquiries.

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