Positioned within Canberra's most architecturally acclaimed and environmentally sustainable building, Apartment 604 at Nishi offers a rare opportunity for investors seeking both strong returns and long-term capital growth or first-time buyers looking for a terrific turnkey opportunity. Fully renovated to a high standard, the property features brand-new LED lighting throughout, air conditioning, and an upgraded kitchen with sleek cabinetry and modern appliances. Currently operating as a fully furnished Airbnb, this designer residence is averaging $200 per night, and has delivered an impressive gross return of approximately $26,500. approx so far this year!! Alternatively, investors may opt for a longer-term lease, with current market conditions supporting $590 per week — equating to $30,680 gross p.a., offering reliable yield with minimal vacancy risk. Beyond the numbers, this is a rare chance to own a piece of the iconic NewActon precinct — home to Canberra’s most creative energy, award-winning dining, and Lake Burley Griffin just a short stroll away. The Nishi building is known for its focus on sustainability and quality, appealing to both high-end tenants and experience-driven travellers. With low vacancy rates, increasing tourism, and rising demand for high-quality executive rentals in Canberra, this property represents not just a sound financial investment but a strategic foothold in one of Australia’s most resilient real estate markets. Fully furnished and ready to generate income from day one — 604 Nishi is turnkey, high-performing, and not to be missed. By the numbers. Living = 59m2 Winter Garden = 11m2 YTD Airbnb return = $3651/month approx Rates = $2181.38 Strata = $4452.32 pa approx Land Tax = $2629 pa approx (investors only) Anticipated Rent = $590/week ** Inventory available on request. At Crowther's, we possess an unparalleled understanding of the New Acton Precinct, its ingrained in our professional ethos. Our commitment revolves around meeting your specific needs, distinguishing us as leaders in the New Acton Precinct.
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