Auction Location: LJ Hooker Auction HQ, 182 City Walk, Canberra

Private Inspections Available By Appointment

The Apartment

Honest and functional, this is a practical one-bedroom layout on the second floor of a quiet eight-unit block. Reverse cycle heating and cooling, a car space, exclusive storage and an exclusive external laundry cover the essentials. It’s been a reliable rental for years and for the right buyer, that’s exactly what they’re looking for.

For those thinking longer term, there’s scope to renovate at lease end and reassess the rent in line with the market at that time.

The Financials

Weekly rent of $410 with a lease secured until March 2027 provides immediate, stable income from day one.

The Location

Downer sits in one of Canberra’s most convenient pockets – close to the Downer shops, Dickson, Watson, the light rail and the CBD. Inner north properties at this price point are increasingly hard to find, and rental demand in the area remains strong.

Features at a Glance

One bedroom, one bathroom, one car space
Second floor in a quiet eight-unit block
Currently tenanted at $410/week lease to March 2027
Reverse cycle heating and cooling
Exclusive storage and external laundry
Close to Downer shops, Dickson, Watson, light rail and CBD
Body corporate $1,387/quarter | Rates $2,715 p.a. | Land tax $3,999 p.a.
Private inspections available by appointment