Investment Opportunity On the City's Doorstep

This fully furnished, self contained one-bedroom apartment presents a fantastic opportunity for anyone looking for a stylish living space in a vibrant location! Currently rented at $620pw (7% ROI), lease expires 20/11/2025.

Located in the Metropol development (building 1), directly opposite the Canberra Centre. Featuring open plan living, reverse cycle heating and cooling, timber floors and double-glazed windows. The kitchen is an unexpected delight with SMEG electric oven & cooktop along with a dishwasher for convenience. The bedroom is a good size with a generous built-in robe. The sophisticated and sleek bathroom is off the living room.

The unit enjoys views over the shared garden space, along with views across to Glebe Park and the city. There are some shared amenities in the development, including an outdoor pool, BBQ areas, rooftop gardens, and a kids' play area. This combination of modern living and prime location makes it appealing for both outdoor enthusiasts and urban dwellers.

The unit is adjacent to Glebe Park, with close proximity to the city for dining, shopping and night life. Reid is a historic suburb with older homes and leafy tree-lined streets. The development is also near CIT, Anzac Parade and several other city amenities.

At a glance …
Excellent location for those who spend time in the city
Foyers and corridors exude class and sophistication
Great-sized combined living and dining
Good-sized bedroom with built-in robe
Plenty of bench space in the kitchen
Stone benchtops
SMEG appliances, great storage and good-sized fridge box
European laundry for convenience
Split system for heating and cooling
Timber flooring
Double-glazed windows
Energy-efficient LED lighting
Floor to ceiling tiling in bathroom
Furnished apartment
Dedicated Bicycle storage
Central courtyards and garden areas
Amenities - Rooftop swimming pool, BBQ area, rooftop gardens & kids' play area

Unit: 184
Block: 3 & 4
Section: 7
UP: 14971
Building: 1
Level: 6
Floor space: 55sqm (approx.)
Heating & Cooling: Split system
Year built: 2021
Level: 6
EER: 6.0 stars
General rates: $484pq (approx)
Land tax: $592pq (approx) paid only if rented.
Strata: $821 per qtr (approx.)
Current rental: $620pw
ROI: 7%
End of Lease: 20/11/2025

Disclaimer: Ray White Queanbeyan | Jerrabomberra and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally enhanced and styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.

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School catchments

Ainslie School Primary K-6 Government 0.73km
Campbell High School Secondary 7-10 Government 1.0km
Canberra Grammar School - Northside Infants Campus Primary Independent 1.2km
Merici College Secondary 7-12 Catholic 1.4km
Turner School Primary K-6 Government 1.9km
St Thomas More's Primary School Primary K-6 Catholic 1.9km
Campbell Primary School Primary K-6 Government 2.2km
St Joseph's Primary School Primary K-6 Catholic 2.4km
O'Connor Cooperative School Primary K-2 Government 2.5km
North Ainslie Primary School Primary K-6 Government 2.9km
Daramalan College Secondary 7-12 Independent 2.9km
Emmaus Christian School Combined K-10 Independent 3.0km
Lyneham High School Secondary 7-10 Government 3.1km
Lyneham Primary School Primary K-6 Government 3.3km
Brindabella Christian College Combined K-12 Independent 3.5km
Telopea Park School Combined K-10 Government 3.8km
Dickson College Secondary 7-12 Government 3.8km
Forrest Primary School Primary K-6 Government 4.0km
Blue Gum Community School Combined K-10 Independent 4.1km
Rosary Primary School Primary K-6 Catholic 4.2km
Canberra Girls Grammar School Secondary K-12 Independent 4.6km
St Edmund's College Canberra Combined 4-12 Independent 4.9km
St Clare's College Secondary 7-12 Catholic 5.0km
Canberra Grammar School Secondary K-12 Independent 5.6km
Radford College Combined K-12 Independent 5.9km
Alfred Deakin High School Secondary 7-10 Government 6.2km

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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