2003/15 Bowes Street

CONTACT AGENT - BY APPOINTMENT ONLY Positioned in the heart of Canberra's highly sought-after Inner South, this modern two-bedroom apartment presents an outstanding opportunity for investors seeking immediate rental returns, long-term security, and strong future growth potential. Currently tenanted on a fixed-term lease until July 2027 at $600 per week, this property offers instant income from day one with excellent tenant stability and the potential for near positive gearing in one of Canberra's most consistently performing rental markets. Designed for low-maintenance living with a practical and spacious floorplan, this apartment combines lifestyle convenience, modern comfort, and strong investment fundamentals. Whether you're an experienced investor expanding your portfolio or entering the market for the first time, this is a smart, set-and-forget opportunity in a premium location. Property Highlights: Two generously sized bedrooms, including a master with ensuite Light-filled open-plan living and dining area Functional kitchen with ample storage and bench space Private balcony, ideal for relaxing or entertaining Well-appointed main bathroom plus ensuite Practical layout with excellent separation of living and sleeping zones Secure, low-maintenance apartment living Single secure remote-controlled car space Secure building with intercom and controlled access Fixed-term tenancy in place until July 2027 Currently rented at $600 per week providing immediate income Lifestyle & Location: Enjoy the convenience of living moments from everything Phillip and Woden Town Centre have to offer: Westfield Woden, cafés, restaurants and entertainment nearby Easy access to public transport and major arterial roads Close to Canberra Hospital, government offices and business hubs Short drive to the Parliamentary Triangle and Canberra CBD Parks, walking trails and recreational facilities close by Ideal Investment Opportunity: Properties with secure long-term tenants and strong rental returns are becoming increasingly difficult to secure in Canberra's Inner South. With a lease locked in until July 2027, this apartment offers peace of mind, reliable cash flow, and excellent tenant appeal. Its proximity to major employment hubs, transport, shopping, and lifestyle amenities ensures continued rental demand and long-term capital growth potential. Perfect for: Investors: Immediate rental income, fixed-term lease security, strong tenant demand and near positive gearing potential Future Owner-Occupiers: Secure now and move in later once the lease expires SMSF & Portfolio Buyers: A quality long-term asset in a blue-chip growth location Property Information: Living size: 66 sqm approx. Balcony: 8 sqm approx. Strata (Body Corporate): $1464.34 per quarter approx. Rates: $456 per quarter approx. Land Tax: $523 per quarter approx. (Investors Only) Current Rent: $600 per week Fixed Lease Until: July 2027 EER: 6 Stars Year Built: 2021 All figures are approximate. For further details, please contact Raja Gupta by submitting an enquiry below or calling on 0452 326 613 Disclaimer: RNB Properties has taken all reasonable care in the preparation of this advertisement to ensure the information contained herein is true and correct; however, no representation or warranty is made as to the accuracy, reliability, or completeness of the information. Interested parties should rely on their own enquiries and investigations in relation to the property and any information provided. RNB Properties accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements contained in this advertisement.