OFF MARKET

53/2 Mcmichael Tce
Denman Prospect ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 9199m2
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Property Details for 53/2 Mcmichael Tce, Denman Prospect

53/2 Mcmichael Tce, Denman Prospect is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 9199m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Land Size
9199m2
Local Government
Molonglo Valley
Lot/Plan
DENMAN PROSPECT: Block 10, Section 70, Unit 53

Last Listing description (August 2024)

Designed to visually fit into the surrounding context and landscape beyond, Marlu has a wonderful northern frontage overlooking Molonglo Valley and Black Mountain.

Materials and appliances have been selected for elegance and functionality to enable beautiful, easy living all year round. The contemporary kitchens comprise soft close joinery, stone benchtops with a waterfall edge and Franke appliances, including induction cooking. The apartments have excellent energy efficiency ratings and include double glazing to windows and sliding doors. Floor-to-ceiling bathroom tiles maximise the sense of space, while the vanity adds a touch of luxury with stone tops and above-counter basins.

Elevated on level two is the residents' entertaining area, gym and pool overlooking expansive views of the Molonglo Valley. The garden beds and covered communal deck flow through to the pool area, providing space for residents to relax and come together.

Features include:
- Renowned local builder and developer
- Located in one of Canberra's most desirable suburbs
- Views over the Molonglo Valley
- Access to pool and gym
- Timber vinyl flooring (high quality, low maintenance)
- 100% New Zealand wool carpets
No current EER

This property has a valid exemption and is not required to comply with the minimum ceiling insulation standard.

Suburb Snapshot
Denman Prospect is a suburb currently under development in the Molonglo Valley district of Canberra, located within the Australian Capital Territory, Australia. It is named in honour of Lady Denman GBE, the wife of the fifth Governor-General of Australia, The Right Honourable The Lord Denman GCMG KCVO PC

The ACT government attempted to sell the entire suburb as one lot to a developer first at an auction, and then by negotiation. However, the Colliers auction on 12 April was a failure with only one registered bidder, and then three months of negotiating led nowhere, and so the Land Development Agency will now develop the suburb itself. Blame for the failure to sell to a developer was placed on new solar access regulations, which meant that blocks had to be bigger, or that house sites had to be excavated into the hillside. It will be the third suburb to be developed in the Molonglo Valley District and the first in stage 2.

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this rental advertisement, LJ HOOKER CANBERRA CITY does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective tenants to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

PETS:
Please be aware that at all stages of tenancy this property requires consent to be sought from the lessor for the keeping of any pets at the premises. Consent must be provided before any pets are at the premises.

RENTING BOOK:
https://www.justice.act.gov.au/__data/assets/pdf_file/0008/2443472/Renting-Book-May-2024.pdf

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Property History for 53/2 Mcmichael Tce, Denman Prospect, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$419,000
02 Mar 2022
Listed for Rent
$490/w
01 Aug 2024
  • 01 Aug 2024
    Listed for Rent $490 / week
  • 12 Jul 2023
    Listed for Rent $470 / week
  • 02 Mar 2022
    Sold for $419,000
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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 2,453 properties. Over the last 5 years, Houses in Denman Prospect have seen a 48.68% increase in median value, while Units have seen a 8.21% increase. As at 30 September 2024:

  • The median value for Houses in Denman Prospect is $1,204,458 while the median value for Units is $606,837.
  • Houses have a median rent of $975 while Units have a median rent of $595.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Denman prospect on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Denman prospect.

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