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SOLD

295 Maribyrnong Avenue KALEEN, ACT 2617

Sold - Wednesday 1 March 2023 for $1,000,000
Bed Icon8 Bedrooms
Bath Icon4 Bathrooms
Car Icon2 Parking
Unimproved value:$650,000 (2023-2024)Block size:780
Bed Icon8 Bedrooms
Bath Icon4 Bathrooms
Car Icon2 Parking

Investor alert!

Auction Location: In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

And just like magic, there it is, an instant property portfolio! This well-thought-out instant Property portfolio is a fantastic opportunity for those looking to make an instant hit and maximise on the return on your most valuable asset.

With increasing interest rates making investments a harder return, this Property is the disruptor! A Dual occupancy setup, comprising four separate apartments over two buildings makes for a well-balanced and protected income stream.

In total, Both buildings provide four units all returning positive rental income. With excellent tenants already in place who are keen to stay on makes for a comfortable transition ensuring that your new investment provides income returns right from the get-go.

This is a real opportunity for a positive cash flow investment that does not come along, very often. Well protected from vacancy challenges and an incredible amount of potential to improve the site further still, which would further increase its value and possible rental return. EER 0.0

This property will be sold at auction; 6 pm Wednesday 1st March 2023 Ljhooker Canberra city office 182 City Walk

Please call Tim Russell at 0416 087 834 or Jackson White- Brettell at 0421 479 376 for further information or a private inspection.

Please consider parking at the nearest cross street 'Alberga Street' or the Gwydir Square shops or walking due to Maribyrnong avenue parking limitations.

Mention this ad at U & Co and get your coffee for free!

Features include:
4 Separate 2 bedroom apartments across two buildings
Each tenanted separately
Massive further potential to improve the site further
Walking distance to local shops and schools

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Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Block7
  • Section139
  • Block size780m² (approx)
  • Land / Dev PurposeSuburban Core Zone (RZ2)
  • Bedrooms8
  • Bathrooms4
  • Parking spaces2
  • EER0.0
  • Land value$650,000 (2023)
  • Rates$3,652
  • Land tax$5,692 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 295 Maribyrnong Avenue KALEEN, ACT 2617

The House at 295 Maribyrnong Avenue KALEEN, ACT 2617 has been sold 1 time before, with the most recent sale being for $1,000,000 on 1 March 2023.

Sold DatePriceSale Type
$1,000,000Full Property Transfer, Land & Improvements
Sold Date
Price$1,000,000
Sale TypeFull Property Transfer, Land & Improvements

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The Territory Data is the property of the Australian Capital Territory.

Local Neighbourhood

295 Maribyrnong Avenue KALEEN, ACT 2617 has 35 schools within 5 kilometres, with the closest being Maribyrnong Primary.

DistanceSchoolAddress
0.20 kmMaribyrnong PrimaryAlberga Street, Kaleen Pin Icon
0.93 kmInstrumental Music Program c/o Kaleen High SchoolBaldwin Drive, Kaleen Pin Icon
0.93 kmUniversity of Canberra High School - KaleenBaldwin Drive, Kaleen Pin Icon

About Kaleen

295 Maribyrnong Avenue is located within the suburb of Kaleen, which has a population of 7,271, a median age of 38 and an average household density of 2.8 people.

  • 7271Population
  • 38Median Age
  • 2.8Avg. 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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Maribyrnong Avenue

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Kaleen

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Belconnen

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