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SOLD

5/11 Giles Street GRIFFITH, ACT 2603

Sold - Tuesday 27 April 2021 for $383,000
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

Beautifully Refurbished - Investor's Dream

INSPECTIONS BY PRIVATE APPOINTMENT
Please contact Maria Selleck on 0417258803 for a private viewing

A hidden gem is waiting within the chic Inner-South locale of Griffith, moments to the boutique shopping and nightlife of Manuka and Kingston Foreshore and close to an array of government departments. Presenting an exceptional investment opportunity, this gorgeous two-bedroom furnished apartment in the stunning colonial-style 'Adina' serviced apartment complex presents outstanding peace-of-mind with an effortless guaranteed rental return of over $22,170.30 gross per year with a lease agreement through Adina until 2025 and two five year extension options. Recently renovated, the property offers two good-sized bedrooms, main with built-in-robes, modern kitchen with stone benches and stainless steel appliances, open-plan lounge and dining with access to the large balcony, stunning well-appointed bathroom with combined laundry, leafy front courtyard, and a private undercover parking space. The beautifully kept complex offers an indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens. Don't miss this rare and exciting opportunity for guaranteed income in a highly sought-after locale.

Fantastic Inner-South location between Manuka and Kingston
Close to an array of government departments
Exceptional investment opportunity with effortless guaranteed income
Set in the stunning colonial-style 'Medina Classic' serviced apartment complex
Lease agreement through Medina until 2025 and two five year extension options
Recently renovated
Two good-sized bedrooms, main with built-in-robes
Modern kitchen with stone benches and stainless steel appliances
Open-plan lounge and dining
Front courtyard
Balcony
Stunning well-appointed bathroom with combined laundry
Beautifully kept complex with indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens
A rare and exciting opportunity for guaranteed income in a highly sought-after locale
Guaranteed rental return of over $22,170.30 gross per year
Rates $1820.88 p.a
Land Tax $2663.92 p.a
Body Corporate
Admin: $1013.04 p.q (Paid by the hotel as part of the lease agreement)
Sinking Fund: $502.70 p.q

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Information about this Apartment

  • Listed on
  • Last updated
  • Property typeApartment
  • Land / Dev PurposeHigh Density Residential Zone (RZ5)
  • Bedrooms2
  • Bathrooms1
  • Parking spaces1
  • EER2.0
  • Stamp dutyA$7,320
* Figures quoted above are approximate values based on available information.

Sales History for 5/11 Giles Street GRIFFITH, ACT 2603

The Apartment at 5/11 Giles Street GRIFFITH, ACT 2603 has been sold 1 time before, with the most recent sale being for $383,000 on 29 April 2021.

Sold DatePriceSale Type
A$383,000Full Property Transfer, Land & Improvements
Sold Date
PriceA$383,000
Sale TypeFull Property Transfer, Land & Improvements

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Local Neighbourhood

5/11 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

5/11 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

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Owned w/ Mortgage
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