126/5 Burnie Street

This beautifully presented, fully furnished apartment in the heart of Woden offers an exceptional combination of lifestyle and investment potential. Whether you're looking for a convenient new home or a proven income-producing asset, this property is ready to deliver from day one. Currently operating as a successful Airbnb which has had bookings for 7 of the past 12 months. It's equally well-suited for those who want to move straight in and enjoy a low-maintenance lifestyle in a vibrant, connected location. Positioned on the 7th floor of the sought-after "Sorell" development, you'll enjoy elevated views, resort-style amenities and effortless access to shops, restaurants, public transport and The Canberra Hospital. THE HIGHLIGHTS: - A truly adaptable investment opportunity - enjoy it as your own residence, secure a long-term tenant or continue its proven success as a short-stay rental. - Fully furnished and equipped making it ready to live in or keep as an Airbnb - Strong short stay rental performance - income of almost $25,000 over 7 months of occupancy in 2024/2025 FY - 7th-floor location in the popular "Sorell" development - privacy and elevated views - Two spacious bedrooms with built-in wardrobes - Contemporary kitchen with stone benchtops and stainless-steel appliances - Open-plan living/dining area flowing to a private balcony with elevated outlook - Modern bathroom plus European-style laundry - Secure underground parking, lift access and intercom entry - Resort-style amenities: pool, BBQ area and landscaped communal spaces - Close to Woden Town Centre, transport links, Canberra Hospital and nearby parks WHY INVESTORS WOULD LOVE THIS PROPERTY: - Immediate cash flow potential from Airbnb - Prime location with high short-term rental demand - Minimal setup required start earning from day one - Excellent long-term capital growth prospects in Woden WHY THE SELLER LOVES THIS PROPERTY: - I enjoy the steady income from Airbnb, as well as having a convenient base in Canberra for work. - Immaculate garden and grounds always presented to the highest standard - Friendly beautiful neighbours and the ease of walking to restaurants with them STATISTICS (all figures are approximate) EER: 6 Stars Living Area: 72m² Rates: $477 per quarter Admin Fund: $1,312 per quarter Sinking Fund: $394 per quarter Land Tax: $506 per quarter (only applicable if not primary residence) Rental Assessment: $530 - $570 per week Construction: 2014 Disclaimer: Please note that while all care has been taken regarding information and marketing information compiled for this sale advertisement, Momentum Property does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs.