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SOLD

43/8-18 Correa Street O'CONNOR, ACT 2602

Sold - Saturday 3 August 2024 for $370,000
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

Ideal Investment or First Home

Buyers Guide: $345,000

Nestled in a quiet street and only moments away from amenities, this two-bedroom ground floor apartment presents a perfect entry-level opportunity or high-yielding investment.

Taking advantage of the northerly aspect, the living area is bathed in natural light. while the master bedroom boasts a built-in robe.

With a potential gross rental yield of 6.43%, the apartment is currently rented at $470 per week on a periodic lease.

The location is unbeatable, with walking distance to public transport, local primary and high schools, and the vibrant Lyneham shops. Whether you're looking to secure a high-yield investment or a comfortable first home, this property ticks all the boxes.

* Light filled apartment with leafy outlook
* Well-appointed kitchen
* Master bedroom with built in robe
* Additional spacious bedroom
* Storage area
* Carport
* Walking distance to public transport, local primary and high school, Lyneham shops
* Potential gross rental yield 6.43%
* Currently rented at $470 p/w on periodic lease
* Flexible settlement to accommodate vacant possession

* Build Year: 1975 (approx)
* Living Size: 54sqm
* EER: 6
* Rates: $2,456 p.a.
* Strata: $2,729 p.a.
* Land Tax: $3,089 p.a. (Investors Only)

Disclaimer:
All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries and satisfy themselves in all respects.

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Additional Features

  • Checkmark IconCarport
  • Checkmark IconBuilt-in Robes

Information about this Unit

  • Listed on
  • Last updated
  • Property typeUnit
  • Building size54m² (approx)
  • Land / Dev PurposeSuburban Core Zone (RZ2)
  • Bedrooms2
  • Bathrooms1
  • Parking spaces1
  • EER6.0
* Figures quoted above are approximate values based on available information.

Sales History for 43/8-18 Correa Street O'CONNOR, ACT 2602

There is currently no sale history available for 43/8-18 Correa Street.

Local Neighbourhood

43/8-18 Correa Street O'CONNOR, ACT 2602 has 34 schools within 5 kilometres, with the closest being Lyneham Primary.

DistanceSchoolAddress
0.29 kmLyneham PrimaryHall Street, Lyneham Pin Icon
0.63 kmBrindabella Christian College - Lyneham CampusBrigalow Street, Lyneham Pin Icon
0.80 kmLyneham HighGoodwin Street, Lyneham Pin Icon

About O'Connor

43/8-18 Correa Street is located within the suburb of O'Connor, which has a population of 5,481, a median age of 34 and an average household density of 2.5 people.

  • 5481Population
  • 34Median Age
  • 2.5Avg. 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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Correa Street

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North Canberra

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