SOLD
Sold on 19 Feb 2024 for $420,000

907/3 Grazier Lane
Belconnen ACT 2617

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 54m2
Land area: 6504m2
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Property Details for 907/3 Grazier Lane, Belconnen

907/3 Grazier Lane, Belconnen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 6504m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Belconnen in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
54m2
Land Size
6504m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 83, Section 48, Unit 301

Last Listing description (June 2023)

Don't miss out on this amazing opportunity to own a compact & modern 2 bed, 2 bath apartment with guaranteed rental return until January 2024 with great tenants already in place. This apartment is perfect for anyone looking for a hassle-free investment property that provides a great rental return.

The apartment itself is stylishly designed with a modern kitchen, living area & two comfortable bedrooms, each with their own bathroom.

The functional designer galley kitchen includes a stone benchtop featuring chrome tapware, sink & state-of-the-art Smeg stainless steel appliances.

Other inclusions include a European laundry with dryer, reverse cycle air conditioning & intercom system.

Located in a prime location, this apartment is close to all amenities & offers easy access to public transport, shops, & restaurants.

With tenants already in place, you can enjoy a steady stream of rental income from day one. Sit back & relax as your investment works for you!

So, if you're looking for a great investment opportunity with guaranteed rental return, don't wait! Contact us today to learn more & secure this apartment for yourself.

Highlights:
East facing with a view of Black Mountain Tower
European laundry
Smeg appliances
Stone benchtop
Electric cooktop
Microwave nook
Built-in wardrobes
Floor to ceiling tiles in both bathrooms
Reverse cycle air conditioning
Block out blinds
Floor to ceiling double glazed windows & doors

5th floor High Society amenities inc:
Pool
BBQ area
Gymnasium
Office
Library
Theater
Wine cellar
Kids room
Commercial kitchen/dining area

Essentials:
Approximations:
Built: 2021
Living: 54m2
Balcony: 8m2
9th floor
Rates: $1,452 per annum
Strata: $1,158 per quarter
Land tax: $1,666.86 per annum (investors only)
Estimated rental return: $550-$590 per week
Tenancy in place until January 2024 @ $520 per week
EER: 6

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Property History for 907/3 Grazier Lane, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$420,000
19 Feb 2024
Listed for Rent
$520/w
18 Jan 2023
  • 19 Feb 2024
    Sold for $420,000
  • 30 Jun 2023
    Sold for $445,000
  • 09 May 2023
    Listed for Sale $449,000+
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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 6,029 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 65 properties listed for sale, and 44 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Belconnen.

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