SOLD
Sold on 29 Nov 2023 for $750,000

89/15 Coranderrk Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 92m2
Land area: 10429m2
Sold By
Suburbia Real Estate
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Property Details for 89/15 Coranderrk St, City

89/15 Coranderrk St, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 10429m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
92m2
Land Size
10429m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 25, Section 65, Unit 89

Last Listing description (November 2023)

Making its presence felt on the Canberra skyline, 'Glebe Park Residences' have already proved themselves to be a landmark of urban design. This signature building makes the most of its spectacular location, while offering a high level of amenity for its residents, such as gym, swimming pool and spa facilities, all positioned to the south of the picturesque Glebe Park.

Positioned high up on level 5, this large, fully furnished 2 bedroom apartment takes full advantage of its corner position and North aspect allowing in lots of natural light and providing an unrestricted outlook into the mature trees of Glebe Park. The chic modern dcor includes the European appliance equipped kitchen complete with gas cooking & marble bench tops, splash back and flooring to the open plan living with high ceilings, marble finished bathrooms, 2 separate, covered balconies and ducted reverse cycle heating and cooling throughout to top it off.

This development has been designed for those who desire a more intimate engagement with City living, it is literally a few hundred metres from Canberra's largest selection of premium restaurants, cafes, office space and retail stores. Walk to work and then dinner then back again, imagine the convenience.

Make sure to watch our detailed, walk through video prior to your inspection (and after), it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this unit inside and out. It's the most informative property video you will watch during your search, but don't just take our word for it

To get a copy of the digital brochure containing the full contract, please send us an email from any of the web portals and note your full name and mobile number and it will be automatically sent to you.

What buyers will love the most:
A modern and very spacious open plan unit with amazing outlook into the trees of Glebe Park
Completely single level with no steps to navigate either internally nor from the basement and foyer direct to this unit
Quiet and private end unit (open on 2 sides)
Light & airy with North aspect and unrestricted outlook from living and main bedroom
2 generous balconies, one opening off the main living areas and one opening off the 2nd bedroom
2 allocated side by side car spaces, plus a lockable storage enclosure in basement
Flexible settlement dates if you have another home you want, or need, to sell or to give more time to secure financing
All furniture can be negotiated with the sale

The Numbers (approx.):
Living size: 93m2
Total balcony sizes: 32m2
EER (energy efficiency rating): 6 out of 6 stars
Level: 5 of 8
Total number of units at 'Glebe Park Residences': 184
Rental potential (unfurnished): $700/week
Strata levies: $5,780 p.a.
General rates: $1,337 p.a.
Water & sewerage rates: $670 p.a.
Land tax (investors only): $ $1,537 p.a.
Total balance of admin funds: $295,328 as of 20/10/2023
Total balance of sinking funds: $1,357,677 as of 20/10/2023
Age: 14 years (Built March 2009)
Developer: Amalgamated Property Group
Builder: Chase
Strata Manager: Vantage Strata, phone 1800 878 728
Units Plan: 3309

More features:
Ducted reverse cycle air conditioning (heating and cooling)
Halogen downlights throughout
European appliances in kitchen which include electric oven, rangehood, dishwasher and gas cooking (a rarity in apartments)
Expansive marble bench tops, marble splash back and marble flooring in kitchen
Ensuite and main bathroom have marble floor and wall tiles, showers, vanity with mirrored storage cabinetry above and toilet
Both bedrooms have mirrored, sliding door robes and can accommodate king sized beds and side tables
Laundry has dryer included in sale price, marble floor tiles and lots of additional storage space
Currently rented for $700 per week, fully furnished, lease ends December 2023
Vacant possession available from January 2024

'The Glebe Park Residences' development includes:
On site building manager
Multiple visitor parks on East and North side of the building
Video intercom for guests
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)
Pets welcome (subject to strata notification & approval)

To help buyers, we offer the following:
A digital brochure with everything to consider a purchase (request this via email from any of the web portals)
We refer a solicitor who can review the contract for free and provide a section 17 if you want to provide an unconditional offer.
Help negotiating any conditions as part of your offer relating to deposits, settlement dates etc.

Property History for 89/15 Coranderrk St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$750,000
29 Nov 2023
Listed for Rent
$720/w
13 Dec 2021
  • 29 Nov 2023
    Sold for $750,000
  • 24 Oct 2023
    Listed for Sale $750,000
  • 17 Sep 2019
    Listed for Rent $700 / week
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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 3,282 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 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 145 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.