504/15 Bowes Street, Phillip ACT 2606

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 1 • Bathrooms: 1

Description: Discover a smart, high-performing opportunity in the heart of Woden. Positioned within the well-regarded Grand Central Towers, this contemporary one-bedroom plus study apartment delivers flexibility, lifestyle appeal, and strong rental fundamentals, ideal for investors, professionals, or first-home buyers. The intelligently designed layout offers open-plan living complemented by a separate study, perfect for working from home or enhancing tenant appeal. Natural light flows through the living space, while the modern kitchen and bathroom provide a clean, functional finish suited to low-maintenance living. Residents enjoy access to resort-style facilities, including a fully equipped gym, swimming pool, and designated entertainment area, adding everyday convenience and long-term value. Set in Phillip, the apartment is moments from the new CIT campus, Westfield Woden, Woden Interchange, and Canberra Hospital, ensuring consistent demand from students, healthcare professionals, and city workers alike. With a competitive purchase price and an estimated rental return of up to $550 per week, this property represents a compelling yield-focused opportunity of over 7% in one of Canberra's most desirable residential precincts. What We Love: - Resort-style pool, gym, and entertainment area - Dedicated study with built-in storage - Modern kitchen with premium Smeg appliances - North-facing aspect with abundant natural light - Open-plan kitchen and living area - Contemporary interiors with durable, high-quality finishes - Strong rental potential over 7% estimated yield - Secure building with smart access system - Close to public transport for easy city access - Walking distance to Woden's dining, shopping, and amenities - Secure underground parking included Key Figures: - Estimated over 7% rental Yield - EER: 6.0 - Living Area: 58m² - Balcony: 8.6m² - Level: 5 - Year Built: 2020 - Complex: Grand Central Towers - Amenities: Resort Style Pool, Gym and Entertainment - Rates: $432 per quarter (approx.) - Land Tax (Investors only): $487 per quarter (approx.) - Strata: $739 per quarter (approx.) - Rental Estimate: $520 - $550 per week for both - Floor: Carpet and Tiles - Kitchen Appliances: Smeg Disclaimer: The information contained in this advertisement has been provided by sources we believe are reliable; however, we cannot guarantee its accuracy and recommend any interested parties rely on their own enquiries.