Ideal Investment Opportunity in Prime Student Accommodation with High Rental Yield
Designed specifically for students, this two-bedroom unit in UniGardens offers a secure and low-maintenance lifestyle in a prime Belconnen location. Surrounded by parklands and set on a peaceful, tree-lined street, it provides an excellent balance of convenience and tranquillity.
Stepping inside, the unit is well-appointed with a functional layout that maximises space and natural light. Neutral tones and modern finishes create a welcoming atmosphere, while the thoughtfully designed interiors ensure a comfortable and practical living experience.
The kitchen is compact yet efficient, featuring quality appliances and ample storage to accommodate student living. With nearby communal dining and BBQ facilities, mealtimes can be enjoyed both indoors and out, fostering a vibrant and social environment.
Both bedrooms are generously sized, offering ample space for study and rest. Residents also have access to a range of shared facilities, including a library, study rooms, a games area, and a gym, making it an ideal space for both productivity and relaxation.
Security is a top priority, with inbuilt security systems ensuring peace of mind for residents. The well-maintained communal areas, including landscaped gardens and outdoor entertaining spaces, further enhance the appeal of this sought-after student complex.
Conveniently located within walking distance to the University of Canberra, Canberra Institute of Technology, and Belconnen's bustling shopping precinct, this property also offers easy access to public transport, with a short 10-minute bus ride to ANU and the city centre. Whether you're an investor seeking strong returns or a student looking for an ideal place to call home, this opportunity is not to be missed.
The Perks:
• Purpose-built student accommodation in a secure complex
• Strong investment potential with an 8.7% yield and high occupancy rates
• Located on a quiet, tree-lined street surrounded by parkland
• Walking distance to the University of Canberra and Canberra Institute of Technology
• Close to Belconnen Shopping Centre and Fresh Food Markets
• 10-minute bus ride to ANU and the city centre
• Well-maintained communal areas including a gym, study rooms, and a games room
• Outdoor BBQ area for entertaining guests
• Secure and private environment with inbuilt security systems
• WiFi available throughout the complex
The Numbers:
· Internal living: 60m²
· Balcony or Alfresco: 8m²
· Build year: 2009
· EER: 6
· Rates: $443pq
· Strata: 994pq
· Rental Estimate: $440pw