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8 Vela Place GIRALANG, ACT 2617

Sold - Wednesday 11 May 2022 for $930,000
Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon4 Parking
Unimproved value:A$426,000 (2021-2022)Block size:888
Bed Icon4 Bedrooms
Bath Icon3 Bathrooms
Car Icon4 Parking

Instant property portfolio!

Auction Location: LJ Hooker Canberra City Office

Create instant multiple streams of income with this excellent investment portfolio opportunity.

Set up as three separate dwellings, meaning three separate streams of income. This clever offering provides two residences all together.

The first is the original home separated into a two bedroom and a one bedroom dwelling under one roof line..

Then a beautifully designed and fully functional self-contained, self-sufficient one bedroom granny flat.
As large as a small house …airy, impressive, modern, and a treat to live in..

The property has two driveways along with more than ample covered parking for everyone. In fact park up to 12 vehicles if necessary off-street.

The return on investment is better than fair and the location at the end of the cul-de-sac makes for an uninterrupted and private setting.

Solar power adorns both dwellings to offset and almost completely wipe out running costs, solar power complements both of the dwellings and has a massive impact on reducing the running costs of this brilliant opportunity.

The Granny flat building is run completely off grid!

This lively property setup is an excellent way to create a strong income stream very quickly. Or rent one and live in the other.

With an excellent location and large 888m2 block you may even decide to put your dream home there into the future. The opportunities are in plenty and this is a sure to be sought after property. EER 0.5

Secure your interest today, please call Tim Russell 0416 087 834 or Eoin Ryan-Hicks 0424 042 419 for further information or a private inspection.

Features include:
Double glazed windows
Solar power to both buildings
Solar Hot Water
Color bond roofing
32 kilowatt hour off grid battery setup!
888m2 block
Dual driveway access + circular driveway

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Additional Features

  • Checkmark IconCarport

Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Block13
  • Section41
  • Block size888m² (approx)
  • Land / Dev PurposeSuburban Zone (RZ1)
  • Bedrooms4
  • Bathrooms3
  • Parking spaces4
  • EER0.5
  • Land valueA$426,000 (2021)
  • RatesA$2,754
  • Land taxA$3,968 if rented
* Figures quoted above are approximate values based on available information.

Sales History for 8 Vela Place GIRALANG, ACT 2617

There is currently no sale history available for 8 Vela Place.

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Local Neighbourhood

8 Vela Place GIRALANG, ACT 2617 has 24 schools within 5 kilometres, with the closest being Giralang Primary.

0.70 kmGiralang PrimaryCanopus Crescent, Giralang Pin Icon
1.85 kmUniversity of Canberra High School - KaleenBaldwin Drive, Kaleen Pin Icon
1.85 kmInstrumental Music Program c/o Kaleen High SchoolBaldwin Drive, Kaleen Pin Icon

About Giralang

8 Vela Place is located within the suburb of Giralang, which has a population of 3,316, a median age of 37 and an average household density of 2.7 people.

  • 3316Population
  • 37Median Age
  • 2.7Avg. Household Size
Median Sale Price

Household Composition

Established Families
Single Parent Families
Group Household

Dwelling Types


Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Vela Place

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