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Sold on 26 Aug 2024 - Price Unavailable

11/101 Hennessy Street
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
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Property Details for 11/101 Hennessy St, Belconnen

11/101 Hennessy St, Belconnen is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Belconnen in the last 12 months.

Building Type
Apartment
Floor Size
30m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 4, Section 105, Unit 11

Last Listing description (August 2024)

*PLEASE NOTE THIS OFFERING CAN NOT BE LIVED IN - INVESTMENT OPPORTUNITY OR UNI STUDENT*

*This property will be shown by private inspection only*

Enter the investor market with this affordable, low maintenance studio apartment with attractive rental returns. Become one of many satisfied investors in the Unigardens complex with a strong history of low vacancy thanks to this enviable position.

Situated within the 'UniGardens' this apartment presents an excellent cash positive investment opportunity. The apartment obtains spacious open plan living arrangement featuring an well sized bathroom and a built-in robe. This studio also offers you a practical kitchen space with quality electric appliances.

Boasting exceptional accessibility, with public transport right at your doorstep. It's just minutes away from renowned institutions such as the University of Canberra and the Canberra Institute of Technology, as well as popular amenities like Westfield, Belconnen Town Centre, and CISAC. This presents an ideal opportunity for an investment that requires minimal management and promises steady returns.

Features:
Currently managed by Uni Gardens.
Open plan living area
Spacious kitchen with electric appliances
Ceiling fan
Leafy outlook
Facilities include a large reading room, billiards room, laundry & dining hall
Bus stop located directly out the front
Close proximity to UC, CIT, Belconnen Town Centre & CISAC
Low maintenance investment property
Affordable option for investors

Key figures:
• Living: 30m2
• Body Corporate: $2,010 p.a (approx.)
• Sinking Fund: $936 p.a (approx.)
• Rates: $1,416 p.a (approx.)
• Land Tax: $1,652 p.a (approx.)
• EER: 6
• Build: 2010

Please Note: Whilst all care has been taken by Ray White Canberra to ensure accuracy in the preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded.

Property History for 11/101 Hennessy St, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
26 Aug 2024
  • 26 Aug 2024
    Sold for $170,000
  • 25 Mar 2024
    Listed for Sale $170,000 (Investor or student purchase only)

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About Belconnen 2617

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 5,937 properties. Over the last 5 years, Houses in Belconnen have seen a 21.44% increase in median value, while Units have seen a 36.36% increase. As at 31 August 2024:

  • The median value for Houses in Belconnen is $509,476 while the median value for Units is $505,779.
  • Houses have a median rent of $565 while Units have a median rent of $540.
There are currently 64 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Belconnen.

Suburb Insights for Belconnen 2617

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Contact agent
Joshua Gutierrez
Show contact details
Ray White Canberra
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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.