THIS PRICE IS NOT A MISPRINT - A LONG TERM INVESTMENT OPPORTUNITY LIKE FEW OTHERS.

Mark Twain once wrote "I rarely saw an opportunity until it ceased to be one."

Currently under management and leased until October 18th 2033, an exciting offering is presented to long term investors seeking reliable rental returns and the potential for healthy long term capital gains.

THIS IS A TWO BEDROOM ENSUITE APARTMENT WHICH CAN BE LEASED AS A ONE BEDROOM APARTMNET AND BEDSITTER!

If you have an eye for the future and appreciate that property investment is always best when adopting a long term view, this versatile and furnished fourth floor two bedroom/one bedroom studio floor plan is an offering like few others.

The current lease is achieving a 4.24% net yield @ $22,067.20 per annum ($1,838.93 per month).

While currently ensuring a secure investment until October 2033, being embraced by morning sun and occupying the prized north east corner of the Mantra Apartments building, an enviable cosmopolitan lifestyle can be enjoyed afterwards, facilitating a desirable "lock and leave lifestyle" in the following years with potential for short stay rental opportunities.

Imagine a future where you could spend your mornings at one of the numerous nearby cafes or eateries; take leisurely strolls into the city to either work or play: or take full advantage of the vibrant nightlife entertainment of the neighbourhood, this lifestyle offered, commands broad appeal?!

Rather than spending time looking for change for parking meters, why not enjoy a change to casual walks to places to meet friends and family?

Single security parking space

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School catchments

Ainslie School Primary K-6 Government 0.81km
Merici College Secondary 7-12 Catholic 0.99km
Turner School Primary K-6 Government 1.1km
Campbell High School Secondary 7-10 Government 1.6km
St Joseph's Primary School Primary K-6 Catholic 1.7km
O'Connor Cooperative School Primary K-2 Government 1.7km
Canberra Grammar School - Northside Infants Campus Primary Independent 1.9km
Daramalan College Secondary 7-12 Independent 2.4km
Lyneham High School Secondary 7-10 Government 2.4km
North Ainslie Primary School Primary K-6 Government 2.6km
Emmaus Christian School Combined K-10 Independent 2.6km
Lyneham Primary School Primary K-6 Government 2.6km
St Thomas More's Primary School Primary K-6 Catholic 2.7km
Brindabella Christian College Combined K-12 Independent 2.8km
Campbell Primary School Primary K-6 Government 2.9km
Dickson College Secondary 7-12 Government 3.6km
Blue Gum Community School Combined K-10 Independent 4.0km
Rosary Primary School Primary K-6 Catholic 4.0km
Yarralumla Primary School Primary K-6 Government 4.4km
Telopea Park School Combined K-10 Government 4.4km
Canberra Girls Grammar School Secondary K-12 Independent 5.0km
Radford College Combined K-12 Independent 5.1km
St Edmund's College Canberra Combined 4-12 Independent 5.6km
Canberra High School Secondary 7-10 Government 5.7km
St Clare's College Secondary 7-12 Catholic 5.7km
University of Canberra High School Kaleen Secondary 7-10 Government 6.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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