302/2 Furzer Street
Phillip, ACT 2606

Overview

302/2 Furzer Street, Phillip

Located in the vibrant Woden precinct, this stylish apartment offers an exceptional investment opportunity in a highly sought-after location. Surrounded by the Westfield shopping centre, popular cafés, and excellent transport links, the property provides outstanding lifestyle appeal for discerning tenants.

The residence features a bright, open-plan living area that seamlessly extends onto a private balcony, offering elevated district views. The modern kitchen is equipped with stone benchtops and high-quality appliances, ensuring both style and functionality.

Accommodation includes two spacious bedrooms with built-in robes, complemented by a versatile study space that can serve as a home office or potential third bedroom. This well-designed layout caters to a variety of living needs.

Conveniently positioned just minutes from essential amenities, residents benefit from proximity to the Woden shopping precinct, Canberra Hospital, ACT government offices, and both primary and secondary schools. The brand-new Canberra Institute of Technology (CIT) and light rail are also nearby, along with multiple bus routes providing easy access to the CBD and surrounding areas.

With an estimated rental return of approximately $750 per week, the property offers a strong gross yield of around 6.0%, making it a highly attractive addition to any investment portfolio. Its low-maintenance nature, prime location, and excellent rental potential make this an opportunity not to be missed.

Features include:

• Newly built apartment within the WOVA complex, featuring a range of amenities
• Sunny north-east aspect with expansive views
• Open-plan living and dining area with reverse cycle heating and cooling
• Kitchen with stone benchtops and quality Smeg appliances
• Large covered balcony with beautiful outlook
• Main bedroom with ensuite and its own reverse cycle heating and cooling unit
• Spacious second bedroom with ample built-in robe
• Generous main bathroom
• European laundry with dryer
• Double glazed windows and sliding doors
• Intercom and swipe building access
• Secure basement parking for two cars with storage cage

Building amenities include:

• Lap pool and sauna
• Resident private cinema
• Co-working spaces
• Contemplative rooftop terrace
• Fitness studio
• Bar club lounge
• Chef's kitchen and dining room
• Commercial spaces on the ground floor including the 80/20 café

The apartment size is approximately 132 square meters, including a balcony of about 10 square meters, with total living space of 103 square meters. Additional costs include rates of approximately $416 per quarter, land tax of around $505 per annum if rented, and body corporate fees of about $746 per quarter. Constructed in 2024, the property boasts an energy efficiency rating of 6.0 stars.

Location