408/102 Easty Street
Phillip, ACT 2606

This fully furnished, turnkey apartment investment offers a strong 5.9% gross rental yield with a secure tenant in place until April 2027. Located on Level 4 of the recently completed Woden Green development, this north-facing apartment combines premium finishes, excellent natural light, and secure income, making it a highly attractive investment opportunity.

The spacious one-bedroom plus full study apartment enjoys sweeping views across Telstra Tower, the National Arboretum, and surrounding areas. The desirable north-facing aspect is accessible from the living area, balcony, and bedroom, positioning this residence among the most sought-after one-bedroom offerings within the development.

The open-plan living and dining area features 2.6-meter ceilings and flows seamlessly onto a generous covered balcony, perfect for relaxation or entertaining. The well-appointed kitchen includes integrated Electrolux appliances, feature lighting, a double undermount sink, and ample storage throughout.

The bedroom offers direct balcony access, panoramic views, and a generous triple-door wardrobe. A separate full-sized study room provides versatile space that can be used as a home office, guest room, media room, or hobby area, enhancing tenant appeal and long-term investment potential.

Residents benefit from access to outstanding amenities at Woden Green, including a 25-meter heated indoor lap pool, fully equipped gym, residents' lounge and dining spaces, private cinema, outdoor entertaining areas, children's playground, and a dedicated dog park.

Conveniently located moments from Westfield Woden, Canberra Hospital, major employment hubs, and public transport, this apartment offers immediate cash flow and long-term tenant security in one of Canberra's premier new developments.

Investment Highlights:

• Fully furnished turnkey investment including furniture, window coverings, and appliances.
• Secure tenancy in place until 26 April 2027.
• First contract holder purchasing directly from the developer.
• Achieving $720 per week in rental income.
• Approximate gross rental yield of 5.9% and net yield of 4.7%.
• Immediate income from settlement.
• Highly desirable Woden location with strong tenant appeal.

Outgoings:

• Land Tax: $2,647.97 per year.
• Strata Levies: $2,848.72 per year.
• Rates: $1,782.37 per year.

The Apartment Features:

• One-bedroom plus full study apartment on Level 4.
• North-facing position within the Woden Green development.
• 69 square meters of internal living space plus an 8 square meter balcony.
• Separate full-sized multi-purpose room measuring 2.5m x 2.3m.
• Ducted reverse-cycle heating and cooling throughout.
• Double-glazed windows for enhanced insulation.
• Discreet European laundry.
• Designer kitchen with fully integrated Electrolux appliances, island bench, double undermount sink, and feature lighting.
• Bathroom with illuminated vanity storage.
• Single secure basement car space and additional storage cage.
• Video intercom access and secure internal mailroom with parcel lockers.
• Energy Efficiency Rating (EER) of 6.8 stars.

Development Amenities:

• 25-meter heated indoor lap pool.
• Cardio gym and BBQ area.
• Residents' kitchen and dining space.
• Dedicated work-from-home area.
• Private cinema.
• Children's playground and onsite dog park.

Location Benefits:

• Westfield Woden – 2-minute walk.
• Eddison Park – 4-minute walk.
• New CIT Woden Campus – 4-minute walk.
• Canberra Hospital – 15-minute walk.
• Canberra CBD – 12-minute drive.
• Canberra Airport – 15-minute drive.