OFF MARKET

1601/1-3 Grazier Lane
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Property Details for 1601/1-3 Grazier Lane, Belconnen

1601/1-3 Grazier Lane, Belconnen is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a floor size of 57m2.

Building Type
Unit
Year Built
2020
Floor Size
57m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 88, Section 48, Unit 140

Last Listing description (May 2023)

High Society are amongst some of the most sought-after apartments in Belconnen, and this modern apartment demonstrates the best of apartment living with amazing views and world class amenities at your fingertips. Situated on the 18th floor this one-bedroom apartment has an abundance of natural light and offers a westerly outlook to the mountains and observatory beyond. The practical floorplan offers functional living, open plan kitchen fitted with SMEG appliances, floor-to-ceiling double glazed windows, and ample storage space including a basement car space.

Residents have access to world class amenities including a resident library, meeting rooms, gourmet chef's kitchen, dining room, wine cellar, pool, gym and a stunning rooftop terrace with water views. Part of Canberra's first mixed-used precincts offering the residents the convenience of Woolworths Metro, BWS, Abode Hotel as well as a variety of retail, commercial, and food outlets. With Westfield, University of Canberra, Department of Immigration, and Calvary Hospital all in close proximity, this apartment is perfect for first home buyers and investors alike, with a potential rental estimate of $450 -$470 a week with a potential gross yield of over 5.5%

The Perks:

16th floor
Open plan kitchen with stone benchtops, SMEG appliances and ample storage
Spacious bedroom with mirrored built in robes and direct access to balcony
Reverse cycle air conditioning
Spacious balcony with views
Lift and Intercom access
One car space and secure storage cage
European laundry with dryer
Public transport routes at your doorstep
Short walk to Westfield Belconnen, CISAC & Lake Ginninderra
Short drive or to University of Canberra Calvary Private and Public Hospital
Easy commute to the city CBD

The Complex:
Swimming pool, spa & sauna
Fully equipped gym + yoga room
Children's play room (bookable)
Chefs kitchen for entertaining (bookable)
Wine cellar
Library/work space
Meeting room (bookable)
Theatre - connect to your favourite streaming app like Netflix (bookable)
Communal BBQ areas on both the level with the pool and the podium rooftop garden with stunning views
Public square and amphitheatre with access to Lake Ginninderra
Vibrant restaurant and cafe precinct

The Numbers:
Floor: 16
Living: 50m approx.
Balcony: 8m approx.
Total: 58m approx.
EER: 6 Stars
Rental: $450-$470 per week approx.
Strata: $2,700 per year approx.
Rates: $1,420 per year approx.
Land Tax: $1,620 per year approx.

Explaining the private treaty process:
To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on when offers close and how best to submit an offer, please contact the agent directly.

Property History for 1601/1-3 Grazier Lane, Belconnen, ACT 2617

A timeline of how this property has performed in the market
  • 02 Mar 2023
    Listed for Sale Offers Over $409,000

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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 5,978 properties. Over the last 5 years, Houses in Belconnen have seen a 4.09% increase in median value, while Units have seen a 28.21% increase. As at 31 October 2024:

  • The median value for Houses in Belconnen is $473,026 while the median value for Units is $491,942.
  • Houses have a median rent of $550 while Units have a median rent of $543.
There are currently 70 properties listed for sale, and 45 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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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.