Perfectly positioned just minutes’ walk from the Canberra CBD, this modern split-level, one-bedroom apartment presents an exceptional investment opportunity for a savvy investor or first home purchase. Purchasing in 2012 as an investment property, the current homeowner has enjoyed strong investment returns ever since – demonstrating the apartment’s appeal not only as a comfortable residence but also as a lucrative investment option.

Located in the heart of Turner, a sought-after neighborhood known for its vibrant community and entertainment atmosphere, this apartment is within walking distance of the Canberra Centre, North Quarter, Braddon & multiple public transport options including a light rail stop and bus interchange. Its central location and unmatched convenience make it highly desirable for professionals, students, and those seeking a dynamic urban lifestyle.

Inside, the thoughtfully designed split-level layout creates a sense of space rarely found in one-bedroom apartments, boasting a warm, home-like feel. The first level features a master bedroom bathed in natural light, conveniently positioned next to the main bathroom. On the second level, the open-plan living, kitchen, and dining area also benefits from abundant natural light and offers direct access to a private balcony overlooking the complex’s landscaped common areas.

Positioned on Level 5 of an 9-level complex, this apartment enjoys a peaceful yet elevated setting, ensuring privacy and an open, airy atmosphere. Residents and tenants alike benefit from the complex amenities, including secure underground visitor parking, two outdoor swimming pools, and BBQ facilities. Security is a standout feature, with an onsite building manager, security cameras throughout, and fob/card access to the building entrance and each floor.

With its prime location in the heart of Canberra’s CBD, modern amenities, and proven history of successful short-term rentals, this apartment stands out as an ideal choice for those seeking both a vibrant urban lifestyle and a solid investment opportunity in the capital.

More Details:
– Situated within in ‘The Avenue’ apartment complex
– Located on level 5 (out of 9 levels)
– Intercom access
– Spilt level layout
– Oversized master bedroom ft. carpet, window fixtures & built-in wardrobe
– Fully tiled bathroom ft. floating vanity, shower and toilet
– European style laundry (located in bathroom)
– Open plan living & dinging area ft. Dakin reverse cycle spilt system, window furnishings & access to private balcony
– Galley style kitchen ft. 600mm built-in ‘Fisher & Paykel’ oven, cooktop & integrated dishwasher
– Under stair storage
– Linen cupboard
– Complex amenities include: swimming pool, outdoor BBQ areas & basement visitor parking
– Within walking distance of Canberra Centre, Braddon’s cafés and food district, the light rail, Civic bus interchange, the ANU, Acton Precinct
– Short commute to Lake Burley Griffin, Black Mountain Peninsula & Australian War Memorial
– Year Built: 2015
– EER: 6 stars
– Approx. Living Size: 73 sqm
– Approx. Balcony Size: 9 sqm
– Approx. Council Rates: $430 per quarter
– Approx. Strata Rates: $1052.85 per quarter
– Approx. Strata Admin Rates: $244.05 per quarter
– Approx. Strata Special Levy: $170.75 per quarter
– Approx. TOTAL Strata: $1296.90 per quarter
– Approx. Rental Return: $520 per week