SOLD
Sold on 16 Jul 2024 for $405,000

41/112 Mcmichael Terrace
Denman Prospect ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 7736m2
Sold By
Fuse Property Queanbeyan
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Property Details for 41/112 Mcmichael Tce, Denman Prospect

41/112 Mcmichael Tce, Denman Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 7736m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Denman Prospect in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
57m2
Land Size
7736m2
Local Government
Molonglo Valley
Lot/Plan
DENMAN PROSPECT: Block 4, Section 59, Unit 41

Last Listing description (August 2024)

Experience modern living at its finest in this chic 1-bedroom apartment located in the vibrant community of Denman Prospect.

With a thoughtfully designed layout, this residence features a spacious bedroom with built-in robes, a contemporary bathroom, and a sleek kitchen equipped with modern appliances.

The open plan kitchen and living area flows seamlessly to the generous balcony, perfect for alfresco moments. Additional features include a striking complex, European laundry, lift access, and a basement-allocated car space.

Conveniently positioned for accessibility, this home is close to arterial roads and public transport, offering comfort, style, and urban convenience.

Owner's Insights: We love the location and view, balcony area, and the low-maintenance aspect of our home. It's perfect for enjoying, entertaining, and locking up when heading out for weekend adventures.

Key Features:

Vacant and ready for your immediate move in, or chat to our team to secure your future tenant
Ideal for first home buyers, investors, and downsizers
Spacious and naturally lit living/dining area/bedroom
Fantastic balcony with serene views
Immaculate, well-equipped kitchen with sleek finishes
One bedroom with built-in wardrobe
Ample bathroom storage
Secure underground parking for one vehicle & storage cage
Neat and tidy throughout
Abundant natural lighting for health and wellbeing
Easy-care flooring, LED down lights
Split system air conditioning
Functional floor plan designed for effortless living and entertaining
Private and quiet location
Seamless transition between indoors and outdoors
Close proximity to Denman Shopping Centre
Property Particulars (approx.):

Apartment: 57m2
Balcony: 18m2
One-car underground parking: 12m2
Storage: 3m2
Total Areas: 90m2

Financial Details:
Rental Guide: $480 per week
Rates: $410.00 per quarter
Land Tax $493.50 per quarter (applicable only if an investment property)
Strata with Sinking fund fees: $1,032.10 per quarter
EER: 6

Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property History for 41/112 Mcmichael Tce, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$405,000
16 Jul 2024
Listed for Rent
$480/w
14 Mar 2023
  • 16 Jul 2024
    Sold for $405,000
  • 24 Apr 2024
    Listed for Sale Contact Agent
  • 16 Feb 2023
    Listed for Rent $480 / 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 2,462 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 35 properties listed for sale, and 20 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Denman prospect.

Suburb Insights for Denman Prospect 2611

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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.