Wanting to secure a nest egg but not feeling confident in your Super? Thinking its time to get an apartment for when the children move out of home? Current home feeling a bit too big to look after?

If any of this sounds like you, then lets spell out why this three bedroom, three bathroom ground floor apartment holds all the answers for you. Just over one year old with secure tenants on a twelve month lease at $650 p/w. This gives you plenty of investment advantages with plenty of depreciation still to be able to claim.

When you or the kids move in, you will enjoy having two ensuites and one separate bathroom. This protects you from the morning fight over who can get ready first, while the two courtyards allow you to have your space away from each other. Enjoy the leisurely life of being able to visit the gym or pool when you like, while the pool is indoors so you can get year round enjoyment.

Whether you want to rent it out until the kids move in or just not ready to downsize yet but want to capitalise on the low interest rates, this apartment makes sense.

Feature highlights:

Three bedrooms AND three bathrooms
105m2 of living plus two enclosed courtyards!
Reverse cycle air conditioning
Ground floor with private external access
Secure underground parking
Indoor heated pool, gym and BBQ facilities
Walking distance to shops, restaurants and bus routes to both the City and Belconnen

Investor information
Currently rented $650 per week
Return of 5.92%
Body Corp approx. $980/qtr
Rates approx. $208/qtr
Land Tax approx. $120/qtr
Expected depreciation 2013-2014 $11,000 (numbers from BMT)
Mortgage with 10% deposit at 5.29% = $656.21 per week
*data collected off Clarity Home loans website

Directions
This apartment in located in the Axis complex. Parking is available off street on Oliver Street, and courtyard gate will be open for open home. Access is not through the main complex entry.

With the owners serious about selling their investment, make sure you don’t miss this weekend’s open home!