A Savvy home buyer's must have' list has 3 key requirements, 1: Price, 2: Position and 3: Vicinity. This property has it all in trumps. Representing exceptional value for money with high rental income potential, positioned on a premium street within a highly regarded suburb, across the road from Pearce shops, walking distance Woden Centre and only 10 minutes drive to civic and Tuggeranong, with ease of access to all of Canberra's main arterial roads.
Apartment 7 at 5 Parkhill Street Pearce is a 2 bedroom residence in good original condition with a large open plan dining/Kitchen and living area with a covered balcony that showcases attractive views to Mt Taylor. The home is elevated on the second floor and is of double brick construction, assisting in the great energy efficiency ratting of 4. Both bedrooms are of a good size and come with views to Mt Taylor, the master bedroom also boasts a built in robe. The bathroom is large and contains an internal laundry. The location makes it easy to enjoy the convenience of being across the road from the grocery store, bus stop, Rama's and Ethiopia Down Under Restaurant and Deek's Bakery.
7/5 Parkhill street is of a very liveable condition as it is, but it could also benefit from some updating, which would in turn increase the property value considerably. A property like this and at this modest price will certainly be well received by live in owners and investors alike, so to avoid disappointment, be quick to inspect.EER: 4.0
