For Sale

104/66 Allara Street City

ACT 2601
$580,000
2
2
1
6.0
EER
About this property

Rented at $750/week, till April 2025, thats $39,000/year and a gross yield of 6.72%

INVESTORS!!
Want a great rental return offering you $750/week till April 2025!
That's $39,000/year.
This works out to be a gross yield of 6.72%

Offering high ceilings, with a wall of glass and a very funky layout, this loft apartment has a true wow factor and is unlike a lot of units out there.

This 'Forum' development is located just a short walk from the heart of the City & an even shorter stroll from the picturesque Commonwealth Park. Enjoy a morning walk or bike around the lake, then leave the car at home & walk or scooter to work or the Canberra Centre for some shopping or a lazy Sunday brunch.

The 'Forum' has many delights for you to make use of. Imagine enjoying a barbecue on the rooftop terrace & taking in the lights of the City & the lake views. If you are looking for a good workout, the fully equipped gym is at your disposal, complete with aerobic equipment, pin-loaded machines & free weights. The Civic pool & gym is also located directly across the road if you want to get some laps in for exercise or just take a dip to cool off.

Make sure to watch our detailed, walk through video it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this apartment inside and out. It's the most informative property video you will watch during your property search, but don't just take our word for it.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, just send us an email and it will be automatically sent to you.

What buyers will love the most:
• Penthouse living, no units above
• Funky, two storey loft design
• Unique floor plan
• 5.1m high ceilings with lots of glass
• Located at the back of the development and away from any roads
• Light, bright, and airy
• Available with flexible settlement options
• Fully furnished
• Double cedar French doors opening out to a sail covered balcony
• Reverse cycle air conditioning units (heating & cooling) in living and main bedroom
• Block out curtains
• Single allocated car space with storage cage in basement

Downstairs:
• Modern kitchen with lots of cupboards and drawers, double pantry, stone bench tops, dishwasher, electric oven, cooktop and rangehood
• Open floor plan
• Third toilet near entry way plus laundry with dryer
• Timber look flooring in the living area
• Double linen cupboard
• Under stair storage area

Upstairs:
• Segregated bedrooms for additional privacy
• Both bedrooms are very spacious, include built in robes and can house king size beds
• Main bedroom has an ensuite, plus additional sliding glass windows and roller blinds to fully enclose the bedroom offering additional privacy
• Main bathroom has bath/shower
• Linen cupboard

The Forum development:
• Rooftop terrace with barbecue & shade umbrellas
• On-site gym on ground level
• Tranquil internal courtyard & fountain
• Pet-friendly (subject to body corporate notification)
• Secure building with VIDEO (this unit) Intercom for guests
• Security cameras throughout complex
• 2 x brand new lifts
• NBN – Fibre to the building
• Rubbish chutes on each level
• Centralised gas hot water system

The location:
• Located directly opposite Civic swimming pool
• Situated next to the foot bridge with direct access to Commonwealth Park and Lake Burley Griffin
• Lots of additional parking options for guests opposite the building
• 500m to Canberra Centre up Allara St

The numbers:
• Living: 91m²
• Balcony: 10m²
• Total: 101m2
• EER: 6 stars
• Located on level 3
• Number of units in development: 117
• Currently rented at $750/week, fully furnished till April 2025
• General rates: $2,171 p.a.
• Water & sewerage rates: $660 p.a.
• Land tax (investors only): $2,677p.a.
• Strata levies: $9,605 p.a.
• Total admin and sinking fund balance $435,411 as of 01/02/2024
• Age: 22 years approx. Built 2002
• Strata manager – LJ Hooker Strata
• Units plan number – 2179
• Builder/developer: Hindmarsh

To Help Buyers
• We advertise a set price so you know what figure will secure the property.
• Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred)
• We have a solicitor that can provide a FREE contract review and section 17 if required
• All offers are confidential & will not disclosed to other buyers for privacy purposes. 
• A 5% deposit is acceptable

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How can we help?

Interested in this property or finding out more?

Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046

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