602/11 Launceston Street

Currently leased until December 2026 at $510 per week, this property presents an excellent opportunity for investors seeking a modern, low-maintenance asset in one of Canberra's fastest-growing suburbs. Situated in the very centre of Woden, this near-new one-bedroom apartment offers modern living with unmatched convenience. Settled in mid-2024, the property is around a year old, featuring high-quality appliances, stylish finishes, and a thoughtfully designed floorplan that maximises both privacy and functionality. The clever layout ensures no wasted space with the bathroom and kitchen positioned separately from the living and bedroom areas, creating a quiet, clean, and private home environment. This design makes it one of the most superior one-bedroom options on the market. The open-plan living and dining area is bright and airy, benefiting from excellent natural light throughout the day. Residents also enjoy access to first-class facilities including an indoor swimming pool, fully equipped gym, private cinema, and communal kitchen enhancing lifestyle and leisure right at your doorstep. Unbeatable Location: · 5 minutes' walk to Westfield Woden for shopping, dining, and daily essentials · 10 minutes' walk to the future Stage 2 Light Rail terminus and Woden bus interchange, ensuring seamless city connections · Directly opposite Woden Swimming Pool and Ice Skating Centre Investment Potential: With an expected rental return of $470$500 per week, this apartment presents a strong yield in one of Canberra's most rapidly developing precincts, appealing to both investors and owner-occupiers alike. Key Features: · 1 bedroom | 1 bathroom | 1 secure car space · Superior one-bedroom design with separated bathroom/kitchen and living/bedroom areas · Bright layout with excellent natural light · Near-new apartment completed in 2024 · High-quality appliances and modern finishes throughout · Access to resort-style facilities: pool, gym, cinema, communal kitchen · Central Woden location, close to shops, schools, and public transport · Strong rental return: $470$500 per week Property Details: · Year built: 2024 · Living area: 50 m² · Balcony: 8 m² · Rates: $440 p/q (approx.) · Strata: $473 p/q (approx.) · Land tax: $537 p/q (approx.)(investors only) · EER: 6.0 Disclaimer: While all care has been taken to ensure the accuracy of the information contained herein, Ruiz Property does not accept responsibility and disclaims all liabilities for any errors, omissions, inaccuracies or misstatements. All information provided is approximate only and should not be relied upon as a basis for making any formal decisions. Interested parties are advised to conduct their own enquiries and seek independent legal and financial advice. Please note that the property may continue to be marketed and inspections may continue until contracts have been exchanged.