Welcome to 1/5 Young Street, Queanbeyan! This renovated 2-bedroom, 1-bathroom unit is the perfect opportunity for first home buyers or investors looking to expand their portfolio. This property is currently rented at $410pw however the tenant is on a month to month basis. The tenant would be happy to stay on if purchased by an investor. Featuring a spacious living area, a modern kitchen with plenty of storage space, an electric cooktop and rangehood, and a single car spot for parking, this property offers both comfort and convenience. The bedrooms are generously sized, providing ample space for relaxation and rest. The unit features a reverse cycle system to keep you warm in winter and cool in summer. Located in a quiet street, this property is within close proximity to local shops, schools, and public transport options. This property presents a fantastic opportunity to secure a home in a sought-after location. The numbers: Council Rates - $573 per quarter approx Water Rates - $77 per quarter approx Strata - $437.74 per quarter approx Don't miss out on this fantastic opportunity - contact us today to arrange a viewing and make this property your own!