22/11 Giles Street, Griffith ACT 2603

$460,000+
211

Investor's Dream with Guaranteed Return

A fantastic opportunity awaits within the Inner-South location of Griffith.

Moments to boutique shopping, the nightlife of Manuka and Kingston and close to an array of government departments.

Presenting an exceptional investment opportunity, this updated two-bedroom furnished apartment in the stunning colonial-style, ‘Adina’ serviced apartment complex, presents outstanding peace-of-mind.

Last year’s financial rental return of over $29,000. With a lease agreement through Adina until late 2029 and a five-year extension option.

Recently renovated, the property offers two good-sized bedrooms, with built-in-robes to the main. The modern kitchen presents with stone benches and stainless-steel appliances.

The open-plan lounge and dining has access to the large balcony. Additionally, the stunning well-appointed bathroom with combined laundry and a private undercover parking space, all add to the appeal.

The beautifully kept complex also offers an indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens.

Don’t miss this rare and exciting opportunity with a guaranteed income of $29,157.48 gross per year in a highly sought-after location.

Features Include:

• Fantastic Inner-South location between Manuka and Kingston
• Close to an array of government departments
• Exceptional investment opportunity with effortless guaranteed income
• Set in the stunning colonial-style ‘Medina Classic’ serviced apartment complex
Recently renovated
• Two good-sized bedrooms, main with built-in-robes
• Modern kitchen with stone benches and stainless-steel appliances
• Open-plan lounge and dining
• Front courtyard
Balcony
• Stunning well-appointed bathroom with combined laundry
• Beautifully kept complex with indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens

Outgoings & Property Information:

Living size: 63 sqm
Rates: $1,571.00 per annum
Body Corporate fees: $1,237.91 per 1/4
Land tax (if rented): $1,693.00 per annum
Year Built: 1999
EER: 2.5

Disclaimer:

While we take all due care in gathering details regarding our properties either for sale or lease, we accept no responsibility for any inaccuracies herein. All parties/applicants should rely on their own research to confirm any information provided.

Property Features
  • Unit
  • 2 bed
  • 1 bath
  • 1 Parking Spaces
  • Garage
Daryl Gough
0416 197 136
02 6294 9393