SOLD
Sold on 28 Jun 2024 for $675,000

176/15 Coranderrk Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 88m2
Land area: 10429m2
Sold By
Altair Property
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Property Details for 176/15 Coranderrk St, City

176/15 Coranderrk St, City is a 2 bedroom, 2 bathroom Unit and was built in 2009. The property has a land size of 10429m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
88m2
Land Size
10429m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 25, Section 65, Unit 176

Last Listing description (July 2024)

Welcome to apartment 176 within the prestigious "Glebe Park Residences" development. This exquisite property offers a serene retreat in the heart of the city, boasting a prime location overlooking the tranquil Glebe Park while still being just moments away from the bustling Canberra Centre, trendy bars, cafes, and eateries.

Whether it's shopping at the Canberra Centre, enjoying a meal at one of the nearby cafes or restaurants, or simply taking a leisurely stroll through the park, residents here have unparalleled convenience at their fingertips.

Step inside to discover a functional floor plan with spacious open plan living and dining areas with plenty of natural light. The inside connects seamlessly with the oversized balcony, where leafy park views create the perfect backdrop for alfresco entertaining or quiet relaxation.

The apartment features two generous bedrooms and two luxurious bathrooms, each boasting marble tiles and high-quality fixtures. The kitchen is a chef's delight, equipped with 30mm natural stone surfaces, generous storage, and quality 'Smeg' appliances. A European-style laundry adds convenience to daily routines.

Designed for optimal comfort, the property boasts ducted heating and cooling, separately temperature controlled for each room, ensuring year-round comfort. With two side-by-side car spaces and a private lockable storage area in the basement, convenience is at your fingertips.

Investors take note: This property presents an exciting investment opportunity with its solid track record for short-term furnished accommodation. Rental returns have averaged $6550 per month over the last 12 month period demonstrating with its prime location and desirable amenities, it attracts discerning tenants seeking a luxurious urban lifestyle.

Residents of the Glebe Park Residences enjoy access to an array of amenities, including an outdoor lap pool, heated spa pool, BBQ facilities, and a fully equipped gymnasium. Security is paramount with numerous cameras throughout the development, lift access from the basement and video intercom for guests.

Combining luxurious finishes with unbeatable convenience, this property offers a rare opportunity for sophisticated inner-city living and a lucrative investment.

Summary of features:

? Located in the renowned "Glebe Park Residences" development
? Sensational inner-city location, whilst in a quiet location overlooking Glebe Park
? Only moments away from the Canberra Centre, bars, cafes & eateries
? Positioned with a leafy outlook over Glebe Park
? North western aspect with an abundance of natural light
? 2 generous bedrooms
? 2 luxurious bathrooms, complete with marble tiles and quality fixtures
? 2 car spaces (side by side)
? Spacious open plan living & dining areas
? High quality kitchen, including 30mm natural stone to surfaces, including splashback, extensive storage & quality appliances
? European style laundry
? Ducted heating & cooling throughout (separately temperature controlled for each room)
? Oversize balcony off living area perfect for entertaining
? Private & lockable storage area within basement
? Attractive rental returns: $6550 per month over the last 12 months (furnished short term accommodation)

Development features include:

? Outdoor length pool, heated spa pool, BBQ facilities in the internal podium
? Fully equipped gymnasium in building for use by all residents
? Numerous security cameras throughout development
? Lift access from basement and ground direct to your level
? Rubbish chute and recycling bin located on each level
? Centralised gas hot water system
? NBN connected - (FTTN)
? Multiple visitor parks on East and North side of the building
? Video intercom for guests

Key figures:

? Living area: 88m2
? Balcony: 15m2
? Built: 2009

Property History for 176/15 Coranderrk St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$675,000
28 Jun 2024
Listed for Rent
05 Nov 2021
  • 28 Jun 2024
    Sold for $675,000
  • 10 Apr 2024
    Listed for Sale Not Disclosed
  • 21 Dec 2022
    Listed for Sale Sold
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,283 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 45 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

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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.