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113/11 Giles Street GRIFFITH, ACT 2603

Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

High Rental Return The Investment You're Looking For

Centrally located in the sought-after suburb of Griffith, this fantastic investment is not one to be missed. Situated between Manuka and Kingston shops you're within walking distances of endless cafes, restaurants and amenities making it a very appealing lifestyle opportunity.

The updated interior offers two bedrooms, one modern bathroom, with a front and back courtyard. The back courtyard is fully enclosed with private access on to Giles Street. Adina Serviced Apartments offers a large indoor pool, gym, sauna, and well-maintained complex gardens. Apartment 113 has one undercover car space, with lift access to the ground floor apartment.

Currently on a long-term lease with Adina Serviced Apartments the risk free nature of this opportunity means this unit receives a guaranteed rental return of $29,205 for 52 weeks of the year until December 2025. With this in place you wont have to worry about occupancy.

Single level, super convenient location – It's simply too good to miss.

Features
• Two-bedroom, one bathroom apartment
• Modern bathroom
• Light filled living
• One reverse cycle split system
• Private courtyard with access to Giles Street
• One undercover car space
• Off-street visitor parking
• Adina Gym, Pool and Sauna
• Guaranteed occupancy 52 weeks of the year with a rental return of $29,205 per annum reviewed annually, with capital growth potential
• Lease agreement until December 2025
• Located in the Inner South
• Walking distance to Kingston and Manuka Shops


EER: 6
Living Size: 63m2 plus 63m2 courtyard space (approx.)
Body Corporate Fees: $7,454 p.a (approx.)
Land Rates: $2,759 p.a (approx.)
Land Tax: $3,520 p.a (approx.)
Water and Sewage: $747 p.a (approx.)

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Inspections

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Information about this Apartment

  • Listed on
  • Last updated
  • Property typeApartment
  • Building size63m² (approx)
  • Land / Dev PurposeHigh Density Residential Zone (RZ5)
  • Bedrooms2
  • Bathrooms1
  • Parking spaces1
  • EER6.0
  • Stamp dutyA$12,653
* Figures quoted above are approximate values based on available information.

Sales History for 113/11 Giles Street GRIFFITH, ACT 2603

There is currently no sale history available for 113/11 Giles Street.

Local Neighbourhood

113/11 Giles Street GRIFFITH, ACT 2603 has 28 schools within 5 kilometres, with the closest being Telopea Park School.

DistanceSchoolAddress
0.53 kmTelopea Park SchoolNew South Wales Crescent, Barton Pin Icon
0.82 kmSt Edmund's CollegeCanberra Avenue, Griffith Pin Icon
1.07 kmForrest PrimaryNational Circuit, Forrest Pin Icon

About Griffith

113/11 Giles Street is located within the suburb of Griffith, which has a population of 4,575, a median age of 40 and an average household density of 2.1 people.

  • 4575Population
  • 40Median Age
  • 2.1Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Giles Street

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South Canberra

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