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5/11 Giles Street, Griffith, ACT 2603

$410,000+
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Beautifully Refurbished - Investors' Dream

A hidden gem is waiting within the chic Inner-South locale of Griffith, moments to the boutique shopping and nightlife of Manuka and Kingston Foreshore and close to an array of government departments. Presenting an exceptional investment opportunity, this gorgeous two-bedroom furnished apartment in the stunning colonial-style 'Adina' serviced apartment complex presents outstanding peace-of-mind with an effortless guaranteed rental return of over $22,170.30 gross per year with a lease agreement through Adina until 2025 and two five year extension options. Recently renovated, the property offers two good-sized bedrooms, main with built-in-robes, modern kitchen with stone benches and stainless steel appliances, open-plan lounge and dining with access to the large balcony, stunning well-appointed bathroom with combined laundry, leafy front courtyard, and a private undercover parking space. The beautifully kept complex offers an indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens. Don't miss this rare and exciting opportunity for guaranteed income in a highly sought-after locale.

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
Lease agreement through Medina until 2025 and two five year extension options
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
A rare and exciting opportunity for guaranteed income in a highly sought-after locale
Guaranteed rental return of over $22,170.30 gross per year
Rates $1820.88 p.a
Land Tax $2663.92 p.a
Body Corporate
Admin: $1013.04 p.q (Paid by the hotel as part of the lease agreement)
Sinking Fund: $502.70 p.q

First listed on 31 May, this property has been on Realty for 635 days. There are currently 4 properties for sale in Griffith.
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General Features

Bathrooms: 1
Bedrooms: 2
Car Spaces: 1
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Garages: 1

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