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SOLD

6/14-16 Discovery Street RED HILL, ACT 2603

Sold - Wednesday 7 December 2016 for $292,500
Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking
Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon1 Parking

Black Ink for this Invesment Unit in Red Hill

PRICE REDUCTION!
Uniquely located in the popular ‘Banc’ Complex this renovated and fully furnished one bedroom unit is ready for its new owners!

Attention investors - this property has been rented in the past for $425.00 a week and has a current rental range of $380.00 to $400.00 a week. Coupled with an even more realistic sales price means real potential for investors to yield a good nett return.

This unit has produced higher than average weekly rental returns, a consistently low vacancy history and been continuously tenanted to executive/ professional public servants given its' parliamentary circle location and being only a few minutes walk to Red Hill shops and public transport.

Featuring a stunning parquetry floor, the open plan living areas are light and airy and feature an attractive updated kitchen with loads of marble bench space, stainless steel appliances, dishwasher with an adjoining compact European laundry.

The living area leads to a balcony with leafy views across Red Hill and to the mountains beyond. The large carpeted bedroom has built in robes and the updated bathroom includes floor to ceiling tiles.

Downstairs there’s a single undercover car space and an attached storage cage.

This small boutique complex of 13 units provides a perfect investment opportunity or a comfortable, convenient and stylish lifestyle in the Inner South.

Features Include:
• Renovated one bedroom unit
• Tree-top and extended mountain views
• Direct access from street
• Light-filled open plan living area opening onto balcony
• Electric heating unit in living area
• Renovated kitchen with dishwasher
• European style laundry
• Single under cover parking with attached storage cage
• E.E.R. 1.5

$3,048. - Body Corp yearly fees
$1,334. - General rates
$1,094. - Land tax
If you would like more information about this unique property – please contact Greg on 0432 365 184.

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Additional Features

  • Checkmark IconBuilt-In Wardrobes
  • Checkmark IconClose to Schools
  • Checkmark IconClose to Shops
  • Checkmark IconClose to Transport
  • Checkmark IconBalcony
  • Checkmark IconFloorboards
  • Checkmark Icontoilets

Information about this Unit

  • Last updated
  • Property typeUnit
  • Building size5sq (approx)
  • Land / Dev PurposeSuburban Core Zone (RZ2)
  • Bedrooms1
  • Bathrooms1
  • Parking spaces1
  • EER1.5
  • Stamp dutyA$4,600
* Figures quoted above are approximate values based on available information.

Sales History for 6/14-16 Discovery Street RED HILL, ACT 2603

The Unit at 6/14-16 Discovery Street RED HILL, ACT 2603 has been sold 1 time before, with the most recent sale being for $292,500 on 7 December 2016.

Sold DatePriceSale Type
A$292,500Full Property Transfer, Land & Improvements
Sold Date
PriceA$292,500
Sale TypeFull Property Transfer, Land & Improvements

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

Local Neighbourhood

6/14-16 Discovery Street RED HILL, ACT 2603 has 31 schools within 5 kilometres, with the closest being Red Hill Primary.

DistanceSchoolAddress
0.17 kmRed Hill PrimaryAstrolabe Street, Red Hill Pin Icon
0.54 kmSt Bede's PrimaryNuyts Street, Red Hill Pin Icon
1.28 kmCanberra Grammar School - Junior school campusAlexander Street, Red Hill Pin Icon

About Red Hill

6/14-16 Discovery Street is located within the suburb of Red Hill, which has a population of 3,170, a median age of 41 and an average household density of 2.7 people.

  • 3170Population
  • 41Median Age
  • 2.7Avg. 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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Discovery Street

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Red Hill

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South Canberra

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