The Features You Want To Know! + Studio with enclosed sleeping quarters + Expansive courtyard + Fully furnished + European-style laundry + Great Short-term stay accommodation + No hotels in the region Why you want to invest here! In the vibrant hub of Anketell Street, this studio apartment presents a unique opportunity as the hotel Abode closes. Ideal for professionals working in the area or couples coming to visit relatives. It's perfectly tailored for short-term rentals, catering to the needs of discerning occupants. It offers a great yield with approximately 80% occupancy rate. The practical layout suits perfectly someone coming to conduct their business. It offers a comfortable sleeping quarter, full bathroom including European-style laundry and kitchen. It has a large balcony all facing north to make sure it's comfortable year-round. The property comes furnished meaning there is nothing to do other than list it on your preferred portals and let the bookings come rolling in. Nestled in the bustling precinct of Tuggeranong you are across the road from a plethora of restaurants, cafes and activities. There is public transport on the doorstep and it's across the road from parkland and the lake. As the hotel closes, there will no-longer be any established short term stay accommodation in the area providing an excellent opportunity to seize the market and start your own short term stay options. An opportunity to really establish an efficient short term rental business doesn't come around often. Here is a great chance to secure multiple units in the same building to get started! The Statistics You Need To Know! Block: 22 Section: 17 Land Size: 6739m2 (approx.) Internal Living: 40 m2 (approx.) Balcony: 26m2 (approx.) Total size: 66 m2 (approx.) Heating and Cooling: Electric reverse NBN Fibre to the Premises Built in 2012 Electric Hot Water EER: 6