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507/120 Eastern Valley Way
Belconnen ACT 2617

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2224m2
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Property Details for 507/120 Eastern Valley Way, Belconnen

507/120 Eastern Valley Way, Belconnen is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 2224m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Belconnen in the last 12 months.

Building Type
Apartment
Floor Size
68m2
Land Size
2224m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 9, Section 47, Unit 7

Last Listing description (July 2024)

Step into a lifestyle of unparalleled comfort and convenience with this stunning 1-bedroom apartment, perfectly positioned on the 5th floor with amazing views & aspect at the 'Wayfarer' development. With magnificent views over Lake Ginninderra, this residence promises a daily escape into tranquillity.

Captivating Views and Serene Surroundings. As you enter, your gaze will be drawn past the balcony to the expansive open-plan living area, where the shimmering waters of Lake Ginninderra serve as your constant backdrop. Whether you're starting your day with a sunrise or winding down with a breathtaking sunset, the view from this apartment is nothing short of spectacular.

Elegant and Modern Living Spaces. The heart of this home unit is its sophisticated kitchen, designed by renowned chef Tetsuya Wakuda. With quantum quartz stone benchtops, soft-close cabinetry, and high-end appliances, including an induction cooktop, integrated microwave, oven, and dishwasher, this kitchen is both functional and beautiful.

Peaceful & Tranquil. The bedroom offers a peaceful retreat with a walk-through robe leading to the stylish bathroom, featuring floor-to-ceiling tiles and a spacious shower. The seamless transition from the bedroom to the balcony lets you wake up to the serene vistas, making every morning feel like a vacation.

Perfect for Relaxation, Entertaining & Practical's. The open-plan lounge and dining area flow effortlessly onto the balcony, creating an ideal space for morning coffees or evening drinks as you soak in the picturesque lake views. The apartment also includes a European-style laundry, reverse-cycle heating and cooling for year-round comfort, and a single car space in the basement with an additional storage cage.

Prime Location and Amenities. Living at 'Wayfarer' means you're just moments away from the best that Belconnen has to offer. Enjoy a leisurely stroll around Lake Ginninderra, visit the nearby Belconnen Library, or shop at Westfield Shopping Centre, all within walking distance. The apartment is also conveniently close to the University of Canberra, Bruce CIT Campus, and the Australian Institute of Sport.

Additional Features
• Designer kitchen with stone benchtops
• High-quality kitchen appliances
• Floor-to-ceiling double-glazed windows
• Bedroom with robe and balcony access
• Spacious living area with balcony access
• Floor-to-ceiling tiles in the bathroom
• European-style laundry with dryer
• Reverse-cycle heating and cooling
• One car space plus storage shed
• Access to top-floor pool & Sky Lounge
• Constructed in 2016
• Living size: 58m² approx.
• Balcony: 10m² approx.
• Rates: $362 per Qtr approx.
• Water: $182.22 per Qtr approx.
• Land Tax: $427.20 per Qtr approx. (if rented)
• Strata (Admin & Sink): $723.80 per Qtr approx.
• Rental Estimate: $500 - $520 per week approx.
• EER: 6.0 - Move in ready/vacant possession.

Don't miss the opportunity to make this magnificent apartment your own. For more information or to arrange a viewing, contact Vic Srbinovski at 0410 583 048 or email vic@qbn.rh.com.au. Experience the lifestyle you deserve at 'Wayfarer'.

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Property History for 507/120 Eastern Valley Way, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
29 Jul 2024
  • 30 Jul 2024
    Sold for $407,500
  • 02 Jul 2024
    Listed for Sale Not Disclosed
  • 04 Apr 2014
    Sold for $299,900

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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 5,978 properties. Over the last 5 years, Houses in Belconnen have seen a 12.34% increase in median value, while Units have seen a 31.83% increase. As at 30 September 2024:

  • The median value for Houses in Belconnen is $500,027 while the median value for Units is $495,482.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 68 properties listed for sale, and 49 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Belconnen.

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Vic Srbinovski
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Raine & Horne Queanbeyan/Jerrabomberra
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