$529,000

1606/2 Marcus Clarke Street City, ACT 2601

211

INVEST FOR HIGH RENTAL RETURN OR MOVE IN HASSLE FREE

Whether you are a commuter, an investor or live in owner you will love the location, the near perfect aspect and the wide views to be enjoyed from this sunny, furnished apartment. Positioned on the sixteenth level of the iconic Capital Tower development, its convenience cannot be questioned. It is located opposite the New Acton art, dining and entertainment precinct and within walking distance of the ANU, Llewellyn Hall and the lake. The Parliamentary Triangle, major National institutions and the Canberra Centre are near by.

All rooms of the sun filled, 78m2 apartment enjoy the views over the City to Mt Majura. Open plan living spaces have access to the balcony; the kitchen is well equipped and both bedrooms have built in robes. A European style laundry is located in the bathroom; ducted heating and cooling, basement parking and loads of controlled, surface parking for guests is included.

The development has intercom access, a live in manager and concierge. The range of facilities is second to none; there are two tennis courts, a squash court, gym and sauna.
BBQ facilities are located on the sheltered terrace overlooking the swimming pool; the owners lounge on the ground floor, opening to the central courtyard and pool,is an added bonus.

The apartment is currently under management to BreakFree; any investor wishing to lease the apartment through the organisation is able to discuss options with the BreakFree Manager. The current owner received a NETT Return of 5.1%, based on the asking price, in 2018/19 financial year.

Government Charges:2019/20
Rates: $2,154.20 pa
Land Tax: $2,601.40 pa (payable if leased)
Water & Sewerage Supply: $667.36 pa

Body Corporate Levies: $ 7,941.52 pa - Includes heating & cooling costs

Key details

  • Property Type Apartment
  • EER 5.0
  • Date Listed 17-02-2020