When the homeowner first purchased this one-bedroom plus study apartment, they were drawn to its perfect balance of size, convenience, and location. Nestled within the vibrant heart of Canberra, it was an opportunity that promised not just a fruitful investment, but a gateway to the thriving city lifestyle. What started as an astute investment decision quickly blossomed into a property brimming with potential and opportunity.
From the moment you step inside, this apartment tells a story of thoughtful design, recent upgrades, and practicality. The current owner has lovingly refreshed the entire space with modern, high-quality finishes that enhance both comfort and appeal. Brand-new timber-look vinyl flooring now runs throughout the apartment, replacing the original carpet for a clean and durable foundation. All walls have been freshly painted in contemporary tones, with elegant feature walls thoughtfully added in the bedrooms and living areas to create depth and character.
The open-plan kitchen, dining, and living area feels bright and inviting with the new LED lighting installed throughout the bedrooms, kitchen, bathroom, and living spaces, delivering energy-efficient illumination that sets the perfect mood day or night. The wrap-around kitchen, complete with a four-burner electric cooktop, built-in oven, and double stainless-steel sink, remains effortless and enjoyable for everyday cooking or entertaining.
The master bedroom, with its large mirrored built-in wardrobe and private balcony access, is a true sanctuary for rest and reflection. Fresh paint, a stylish feature wall, modern timber-look vinyl flooring, and crisp LED lighting combine to create an even more serene and contemporary retreat. Just imagine waking up to stunning city views or sipping a morning coffee as the day begins to unfold. The sizeable separate study offers flexible space that’s ideal for remote work, creative pursuits, or as a second bedroom or guest area for visitors.
The owner has refreshed the furniture throughout with a clean, modern, cohesive style and added three new LED TVs, giving the apartment a welcoming, polished feel that’s proven very popular with guests.
Recognizing this property’s potential from the start, the current homeowner transformed it into a thriving Airbnb. With its prime location, these thoughtful renovations, and updated interiors, it has already proven itself as a lucrative short-term rental. In addition, the apartment can also be leased privately or on a long-term basis. For the savvy buyer, there’s even more room to grow, with additional renovations offering the potential to elevate its income even further.
Beyond the walls of the apartment, Canberra’s bustling cityscape awaits. Everything you need is right on your doorstep – grocers, cafes, restaurants, pubs, entertainment venues, and public transport options are all within walking distance. It’s a lifestyle that seamlessly blends convenience with opportunity, making this property ideal for first-home buyers seeking their perfect start or investors eyeing a solid addition to their portfolio.
For those looking to secure a slice of the city’s vibrant core, this beautifully updated apartment offers a rare combination of modern comfort, unbeatable location, and strong income potential. Whether you envision it as your first home or a smart investment, this property is ready to write its next chapter with you. Could this be the one where your story begins?
MORE DETAILS
• Lift access
• Recently refreshed with modern, high-quality finishes throughout
• Energy-efficient LED lighting fitted throughout the apartment
• Three newly installed LED televisions included
• Proven performance as a successful Airbnb short-term rental
• Right in the heart of Canberra city
• Open plan kitchen, dining & living
• Wrap-around kitchen ft. four-burner electric cooktop, built-in oven & double stainless-steel sink
• Master bedroom ft. large built-in wardrobe with mirrored sliding doors & access to private balcony
• Tiled balcony ft. amazing city views
• Sizeable separate study (utilised as a second bedroom)
• Fully tiled bathroom ft. shower bath
• Separate laundry
• Local amenities at your doorstep including grocers, cafes, restaurants, pubs, public transport & entertainment venues
• Short commute to the Parliamentary Triangle, Old Bus Depot Markets, Kingston Foreshore, Braddon’s restaurant precinct, EPIC Farmers Markets & Belconnen Westfield
• Year Built: 2008
• EER: 6 stars
• Approx. Living Size: 48 sqm
• Approx. Balcony Size: 8 sqm
• Approx. Council Rates: $536 per quarter
• Approx. Strata Levies: $1832.16 per quarter
• Approx. Sinking Admin Fund: $676.52 per quarter
• Approx. Land Tax: $694.16 per quarter (only applicable if renting)
• Approx. Rental Return: $650 per week
• Approx. Air BnB Return: $160 per night
Type:
Unit For Sale
Price:
For Sale $320,000
Property ID: 509/2 Akuna Street, City
Listing Agent Name: Jonny Warren
Listing Agent Telephone: 0431 797 891
Listing Agent Email: jonny@jonnywarren.com.au
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