SOLD
Sold on 21 Oct 2024 for $425,000

4/2 Mcmichael Terrace
Denman Prospect ACT 2611

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 9199m2
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Town Residential Belconnen
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Property Details for 4/2 Mcmichael Tce, Denman Prospect

4/2 Mcmichael Tce, Denman Prospect is a 2 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 59m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Denman Prospect in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
59m2
Land Size
9199m2
Local Government
Molonglo Valley
Lot/Plan
DENMAN PROSPECT: Block 10, Section 70, Unit 4

Last Listing description (November 2024)

Town Residential presents you 4/2 McMichael Terrace, a sought-after apartment in the Denman Prospect neighbourhood is perfect for a first home buyer, downsizer or investor.
The open floor plan and modern finishes make this unit a cozy and inviting space to call home. The bedroom is bright and airy, with plenty of natural light and a built-in robe. The study can be utilised as a second bedroom or your home office.
Situated in a convenient location, this property is close to shops, restaurants, schools, and parks. Don't miss out on the opportunity to own this lovely apartment in Denman Prospect.

Property Features:
+ 1 Bedrooms + 1 Study - 1 Bathroom - 1 Car
+ Built-in robe
+ Additional study
+ Open plan living opening onto the balcony
+ European laundry
+ Double glazed windows and sliding doors
+ Reverse cycle air-conditioner
+ Allocated basement parking space & storage
+ North facing balcony
+ Outdoor swimming pool
+ Indoor gym

What's Nearby:
+ Denman Village shops
+ Denman Prospect Club Lime Gym
+ YourGP Denman
+ Denman Prospect Lookout
+ Parks & Playgrounds

Property Information:
+Year built: 2022
+ Total Floor Area: 61.3m2
+ Balcony Area: 15.6m2
+ EER 6
+ Rates: $411 p/q (approx.)
+ Strata: $546.99p/q
+ Land Tax: $482.75 p/q
+ Icon Water: $185.93 p/q

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Property History for 4/2 Mcmichael Tce, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$425,000
21 Oct 2024
  • 21 Oct 2024
    Sold for $425,000
  • 08 Mar 2024
    Listed for Sale By Negotiation
  • 26 Nov 2020
    Sold for $322,900

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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 2,551 properties. Over the last 5 years, Houses in Denman Prospect have seen a 43.58% increase in median value, while Units have seen a 8.04% increase. As at 30 November 2024:

  • The median value for Houses in Denman Prospect is $1,190,369 while the median value for Units is $618,434.
  • Houses have a median rent of $988 while Units have a median rent of $580.
There are currently 33 properties listed for sale, and 22 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Denman prospect.

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