30/25 Macquoid Street, Queanbeyan East, NSW 2620

Looking to enter the property market without the hefty price tag? This furnished studio apartment presents an affordable opportunity for first-home buyers, owner-occupiers and investors alike.

Positioned on the top floor, this quiet, low-maintenance apartment offers practical living, a dedicated carport and the added convenience of being sold furnished, making it an appealing option for those looking for a straightforward move or an investment with an existing rental income.

The studio includes a bathroom with a plumbed-in Miele washer/dryer positioned beside the shower, adding everyday convenience without compromising on practicality.

For those who enjoy the outdoors, the extensive walking paths, recreation spaces and play areas along the Queanbeyan River are only a short walk away, providing a peaceful place to enjoy a walk, get some fresh air or spend time outdoors.

Currently rented at $260 per week on a periodic tenancy, the property offers an existing income stream for investors. With an asking price guide of $199,000-$215,000, it also presents an accessible entry point for buyers looking to secure their own property, subject to the existing tenancy arrangements.

Conveniently located in Queanbeyan East, you'll have access to local shops, services and public transport, with the Queanbeyan town centre and Canberra within easy reach.

Property features:

Furnished studio apartment

Quiet top-floor position

One bathroom

Plumbed-in Miele washer/dryer

Dedicated carport

Low-maintenance living

Short walk to Queanbeyan River walking paths, recreation areas and playgrounds

Convenient Queanbeyan East location

Suitable for first-home buyers, owner-occupiers and investors

Investment snapshot:

Price guide: $199,000-$215,000

Current rental income: $260 per week

Annual rental income: approximately $13,520

Indicative gross rental yield: approximately 6.3%-6.8%, before expenses

Approximate outgoings:

Strata levies: $487.43 per quarter ($1,949.72 per annum)

Council rates: $720 per quarter ($2,881.89 per annum)

Water rates: $86 per quarter ($344 per annum)

Whether you're looking for an affordable place to call home or an investment with existing rental income, this studio apartment is an opportunity worth exploring.

Disclaimer: All information contained herein has been obtained from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should make their own enquiries and rely on their own investigations to verify all information, including measurements, property details, inclusions, rental information and approximate outgoings. Some photographs have been digitally enhanced, including the removal or reduction of personal belongings, to better present the property's features. Images are for marketing purposes only and may not be an exact representation of the property's current presentation. Furniture and inclusions should be confirmed with the selling agent. Buyers intending to occupy the property should make their own enquiries regarding the existing tenancy and any requirements for vacant possession.