SOLD
Sold on 07 Mar 2024 for $435,000

101/2 Mcmichael Terrace
Denman Prospect ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 9199m2
Sold By
Belle Property Canberra (NSW)
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Property Details for 101/2 Mcmichael Tce, Denman Prospect

101/2 Mcmichael Tce, Denman Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 9199m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Denman Prospect in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
50m2
Land Size
9199m2
Local Government
Molonglo Valley
Lot/Plan
DENMAN PROSPECT: Block 10, Section 70, Unit 101

Last Listing description (November 2023)

This north-facing one-bedroom apartment is situated within the highly sought-after 'Marlu' development. Nestled in the heart of Denman Prospect and positioned on the third floor, this stunning apartment has plenty to offer.

The apartment boasts a spacious open-plan design encompassing the kitchen, lounge, and dining area that seamlessly connects to the balcony. The kitchen exudes modernity with its stainless-steel appliances, complemented by sleek stone benchtops and ample storage.

The generously sized main bedroom features a built-in wardrobe and exclusive access to the balcony, while an additional study with a built-in desk offers versatility. The bathroom services the home while emanates luxury, showcasing quality fixtures, fittings, and stylish gold trims.

Throughout the property, a tasteful light colour scheme is elevated by touches of opulence through gold accents. This apartment exudes comfort, style, and convenience, making it a desirable urban haven.

You will be delighted to find that the popular Denman Shops are only 500m away (approx.), with a great IGA, bar, cafe and other amenities on offer. A few minutes' drive and you have the comprehensive services of the Cooleman Court shopping/restaurant/sport precinct, while you also have quick access to main transport routes to Belconnen and Woden, not to mention Stromlo Forest Park, Uriarra Road and the Murrumbidgee River.

* Spacious one-bedroom, one-bathroom, one-study apartment
* Elevated position with great views
* Light-filled open living area encompassing the kitchen, lounge, and dining
* Covered balcony
* European laundry
* One car space and storage cage plus good interior storage
* Quiet city perimeter living just metres away from Denman Shops
* Proximity to both comprehensive amenities and relaxing natural spaces
* Ducted reverse cycle heating and cooling

Strata: $452.77pq (approx.)
Rates: $333.75pq (approx.)
Land Tax: $383.75pq (approx. if rented out)

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.

Property History for 101/2 Mcmichael Tce, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$435,000
07 Mar 2024
Listed for Rent
$500/w
29 Jul 2022
  • 07 Mar 2024
    Sold for $435,000
  • 29 Aug 2023
    Listed for Sale $440,000
  • 12 Jul 2022
    Listed for Rent $500 / week
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About Denman Prospect 2611

The size of Denman Prospect is approximately 4.7 square kilometres. It has 2 parks covering nearly 12.8% of total area. The population of Denman Prospect in 2006 was 623 people. By 2011 the population was 490 showing a population decline of 21.3% in the area during that time. The predominant age group in Denman Prospect is 40-49 years. Households in Denman Prospect are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Denman Prospect work in a professional occupation. In 2006, 30.7% of the homes in Denman Prospect were owner-occupied compared with 46.4% in 2011.

Denman Prospect has 2,459 properties. Over the last 5 years, Houses in Denman Prospect have seen a 44.27% increase in median value, while Units have seen a 8.62% increase. As at 31 October 2024:

  • The median value for Houses in Denman Prospect is $1,186,328 while the median value for Units is $609,398.
  • Houses have a median rent of $950 while Units have a median rent of $580.
There are currently 38 properties listed for sale, and 9 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Denman prospect.

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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.