OFF MARKET

504/120 Eastern Valley Way
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 2224m2
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Property Details for 504/120 Eastern Valley Way, Belconnen

504/120 Eastern Valley Way, Belconnen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 2224m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2016
Floor Size
82m2
Land Size
2224m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 9, Section 47, Unit 4

Last Listing description (June 2019)

In the Heart of Belconnen with 82m2 (approx.) of living area including 89m2 (approx.) terrace. Beautiful Wayfarer Development on the 5th Floor - Total 26 Floors with Exquisite Private Rooftop Indoor Pool.
With views out to John Knight Memorial Park and Lake Ginninderra from the luxurious open entertaining terrace, this two bedroom, two separate, decadent and private bathrooms, in the Wayfarer Building is soaking up all of the city's indulgences.
The picture-perfect, sleek, white kitchen promises stone benchtops, waterfall island bench with breakfast bar, the double sink, beautiful Subway tiled splashback and stainless steel appliances including induction 4-burner cooktop, wall oven and grille, microwave and dishwasher.

The beautiful master suite presents a walk-through in wardrobe and ensuite and access out to the extensive balcony for morning breakfasts. The second bedroom includes a built-in wardrobe and is serviced beautifully by the main bathroom continuing the decadent styling throughout.
This perfect location provides a central step off to the Belconnen shops, restaurants and cafes, Gyms, markets, bus stops, Canberra International Sports and Aquatic Centree, Bruce GIO Stadium, the AIS, Calvary Hospital, Radford College, UC and the new Public Hospital, and the convenience of the major arterial roads to Civic, Gungahlin and Woden.
Features:
- Rental Income - Opinion ($530-$540 rent p/week)
- Schedule Unit Entitlements Wayfarer - 2016
- Open Plan Living and dining rooms with the beautiful and indulgent entertainment Terrace
- Double Glazing and Tinted glass on all glassed doors
- Elegant, full Length, custom made drapes and sheers on all 3 glass sliding doors
- Modern Contemporary design, fixtures and fittings
- Kitchen perfection with stone benchtops, Subway tiles, two-tone laminate, induction cooktop, wall oven, fitted microwave, dishwasher and breakfast bench
Beautiful bedrooms with built-in mirror robes and master with walk-through robe (shaving cabinetry and suspended basin)
- Sliding door access to the terrace
- European Laundry with ceiling cabinet with Electrolux Clothes Dryer
- Reverse Cycle Air Conditioning
- Secure Car Park located on Level 3
- Secure storage unit located on level 3 next to parking bay
- Garbage chute and recycle storage room
- Fresh water pool located on level 26 with 24/7 access
- Private 'Sky lounge' located on level 24 (bookings required)
- Supreme Location close in the Heart of the Belconnen Lake Precinct
EER: 6.0 Stars
Built: 2016
Living Size: 82m2 (apporx.)
Terrace Size: 89m2 (approx.)
Rates: $260.30 pq (approx.)
Owner's Corporation Management - Independent Strata Management Pty Ltd GPO Box 1539 Canberra ph: 6209 1515 - Units Plan 4285 Unit No. 504. Administration fees $720.93 pq (approx.) Sinking fund $92.51 pq (approx.) (Water, insurance & Garbage, lift maintenance, Pool maintenance, part of bc fees).
The balance of the fund for the Owners Corporation is Admin fund $338,009.71 (approx.); Sinking fund $127,893.50 (approx.); Total $465,903.21 (approx.).

Property History for 504/120 Eastern Valley Way, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$465,000
13 May 2019
  • 13 May 2019
    Sold for $465,000
  • 14 Feb 2019
    Listed for Sale $465,000
  • 30 Apr 2014
    Sold for $464,900

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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 6,030 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 65 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.

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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.