602/11 Launceston Street
Phillip, ACT 2606

This modern one-bedroom apartment, located in the heart of Woden, offers an exceptional lifestyle and investment opportunity. Currently leased until December 2026 at $510 per week, it presents a low-maintenance asset in one of Canberra's fastest-growing suburbs.

Completed in mid-2024, the apartment is near-new and features high-quality appliances and stylish finishes throughout. The thoughtfully designed floorplan maximizes privacy and functionality, with a clever layout that separates the bathroom and kitchen from the living and bedroom areas, creating a quiet and private home environment.

The open-plan living and dining area is bright and airy, benefiting from excellent natural light throughout the day. Residents have access to first-class facilities including an indoor swimming pool, a fully equipped gym, a private cinema, and a communal kitchen, enhancing lifestyle and leisure right at the doorstep.

Unbeatable location advantages include a five-minute walk to Westfield Woden for shopping, dining, and daily essentials, a ten-minute walk to the future Stage 2 Light Rail terminus and Woden bus interchange for seamless city connections, and being directly opposite the Woden Swimming Pool and Ice Skating Centre.

Investment potential is strong, with an expected rental return of $470 to $500 per week, appealing to both investors and owner-occupiers in one of Canberra's most rapidly developing precincts.

Key features of the property include:

• One bedroom, one bathroom, and one secure car space
• Superior one-bedroom design with separated bathroom/kitchen and living/bedroom areas
• Bright layout with excellent natural light
• Near-new apartment completed in 2024
• High-quality appliances and modern finishes throughout
• Access to resort-style facilities such as pool, gym, cinema, and communal kitchen
• Central Woden location close to shops, schools, and public transport
• Strong rental return potential

Additional property details include a living area of 50 square meters, an 8 square meter balcony, and an Energy Efficiency Rating (EER) of 6.0. Quarterly rates, strata, and land tax fees are approximately $440, $473, and $537 respectively (land tax applies to investors only).