Situated at the Northern corner of this long standing, established apartment block is a comfortable, low-maintenance residence that is performing very well as an investment for the current owner, with a month-to-month tenant paying $305 per week.Of course, if you are looking for somewhere to live then this property has a lot to offer in that respect as well. Its only a short walk to Queanbeyan, the golf course and the parkland adjoining the Queanbeyan and Molongolo Rivers. Before it became an investment, this was home to the current owner, and they tell me that they felt like this was their escape from the pressures of Canberra. With the historic charm of the buildings and the town, Queanbeyan has a country feel to it, but is still only a relatively short drive to the CBD. They bought this unit for the views and natural light that you get throughout the day, and the peace and quiet it offers at night.While this property continue to provide a good return on investment, the owner has a greater use for the cash up front, which provides you with an excellent opportunity to put your money to work and get on your way to having a passive income (or strengthen your existing portfolio). Our instructions are clear; the owner wants this sold on or before auction day, so call Nic today to book your inspection!Whats on offer:- Set-and-forget investment- Tenant in place at $305 per week- Currently no fixed term lease, allowing you the flexibility to move in- 2 bedrooms, both with built-in robes- Close to the town centre and golf course- Less than 20 minutes to the CBD- Rates: $1,708.31 p.a.- Strata: $1,584 p.a.