FOR SALE
$370,000

2107/15 Bowes Street
Phillip ACT 2606

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
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The Perfect Investment!

Merely a brief 12-minute journey separates you from the urban excitement of the city.
An ideal investment opportunity awaits just a 12-minute drive from the city centre. This property boasts a secure lease until 2025 (Tenancy Expiry: 25/02/2025) , generating a healthy return of $465 per week. Located in a prime area with growth potential, it's near the hospital, Westfield Woden shopping centre, public offices, and planned transport expansions future CIT & light rail at your doorstep. Positioned on the 21st floor of Grand Central Towers, the residence offers stylish living with exceptional views. Enjoy resort-like amenities including an infinity pool, gym, and various communal spaces, all underscored by modern architecture that highlights natural light and high-end finishes.
Proximity to Urban Excitement: The property is conveniently located just a 12-minute drive from the city centre, providing easy access to Canberra's Centre amenities and excitement.
Investment Potential: With a secure lease until February 2025 and a weekly return of $465, the property offers a lucrative investment opportunity in a prime area with growth potential.
Modern Living Space: Situated on the 21st floor of Grand Central Towers, the apartment features stylish living with exceptional views and resort-like amenities such as an infinity pool, gym, and communal spaces.
High-Quality Interior Features: The apartment boasts an open plan living area with balcony access, ducted heating and cooling, a quality kitchen with SMEG appliances, and a European laundry with a Fisher and Paykel dryer.
Building Amenities: The Grand Central complex offers an infinity pool, rooftop retreat, resident gym, dining room, lounge, library, restricted resident parking, car wash, bike workshop, and a climate-controlled wine cellar.
Financial Details: The property has a living size of 46m2 and a balcony size of 8m2. The rates are approximately $1,337.56 per annum, land tax is $1,636.68 per annum, and body corporate fees are $736.12 per quarter.
EER: 6.0 Stars
Construction: 2021
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Property Details for 2107/15 Bowes St, Phillip

2107/15 Bowes St, Phillip is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 54m2. The place is currently for sale with LJ Hooker Weston Creek.

Building Type
Apartment
Floor Size
54m2

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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,554 properties. Over the last 5 years, Houses in Phillip have seen a 45.28% increase in median value, while Units have seen a 49.38% increase. As at 31 August 2024:

  • The median value for Houses in Phillip is $618,434 while the median value for Units is $487,998.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 71 properties listed for sale, and 44 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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Jane Macken
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Gabby Woods
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LJ Hooker Weston Creek
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.