OFF MARKET

54/7 State Circle
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
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Property Details for 54/7 State Cir, Forrest

54/7 State Cir, Forrest is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2020
Floor Size
113m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 13, Unit 54

Last Listing description (May 2023)

Directions: Turn left onto Hobart Avenue (from state circle) and then first left into "The Estate".

This breathtaking architectural masterpiece is proudly welcomed to the market, 'The Estate' in Forrest is an award-winning development sited within one of Canberra's most affluent suburbs. Designed by Collins Pennington architects and positioned in a prestigious dress-circle address on State Circle, this apartment offers uninterrupted views of Parliament House. A benchmark in apartment living, showcasing some of the world's finest finishes with high-end designer inclusions and luxurious interiors all set upon a warm toned and striking pallet. This represents the ultimate lifestyle and redefines apartment living.

Number 54 is a gorgeously appointed two-bedroom, two-bathroom apartment is located within one of 'The Estates' most premium buildings "EMPIRE ONE". Upon entry you are greeted with gorgeously appointed open plan living space finished with European Oak Engineered Floors. Modern designer kitchen offers large island bench with waterfall edges, finished with reconstituted Caesarstone benchtops, Italian Statuario marble splash back and the very best in kitchen appliances; Gaggenau.

Generously constructed and built over 113m2 of internal living this apartment offers an exceptional floor plan with both bedrooms segregated and with privacy assured. The designer bathrooms are remarkably finished with floor to ceiling tiles, custom wall hung vanity with stone benchtops, white Italian marble herringbone splash back and under floor tiled heating in both bathrooms. Paramount is the design in ensuring a seamless transition between the indoor living and the outdoor entertaining, with all rooms able to access the outdoor covered areas that offer stunning views.

This apartment's premium position is truly undeniable with gorgeous leafy views across the established tree-lined canopies of Forrest from every room and breathtaking views of Parliament House. The Estate has been carefully considered and expertly designed, including extensive parks, water features and landscaped gardens that connect the three individualised buildings. The development also features a fully temperature-controlled wine cellar storage unit, perfect for those cooler Canberra months ahead.

The ultimate in apartment living within an unparalleled position, luxurious living at its finest. We welcome to your new home at 'The Estate'.

Features Include:
- Architecturally Designed Complex
- Blue-chip and dress circle location
- Award-winning 'The Estate' development
- Stunning views of Parliament House
- North facing apartment
- European oak engineered floors
- Double glazed windows and doors
- Two segregated bedrooms with built-in-robes
- Two designer bathrooms (ensuite & main)
- Double car accommodation underground (side by side)
- Segregated master bedroom with walk-in-robe, ensuite and private balcony
- Designer kitchen with island bench with waterfall island benchtop, reconstituted Caesarstone benchtops, soft closer drawers, custom joinery and cabinetry, Villeroy and Bosch sink mixer, Italian Statuario marble splash back and LED feature pendant light
- High-end Gaggenau appliances; Gaggenau 200 series oven, Gaggenau Vario induction cooktop, Gaggenau rangehood, Gaggenau 200 Series fully-integrated dishwasher, Gaggenau 200 Series combination microwave and full grill, Gaggenau 200 series warming drawer
- Bathrooms finished with floor to ceiling tiles, custom wall hung vanity with reconstituted Caesarstone, Marble Herringbone mosaic splash back, Villeroy and Bosch tapware, frameless toughened glass and underfloor tiled heating in both bathrooms
- Gorgeous ensuite with custom wall hung double vanity unit finished with reconstituted stone, white Italian marble mosaic splash back, mirrored shaving cabinets, feature LED strip lighting and rainwater showerhead
- Covered outdoor alfresco with spotted gum roofline, pavers and gorgeous views
- Second bedroom with built-in-robes and access onto main balcony
- Ducted heating and cooling throughout
- Dimmable downlights throughout
- Features lighting throughout
- Video intercom system
- Whiteboard behind entry door
- Large storage room in the basement 14m2 (currently home gym)
- Wine storage unit, fully temperature-controlled wine cellar (60 bottles)
- Fisher Paykel 5kg wall mounted clothes dryer
- Continuous gas hot water system
- Master Builders Association Award Winning Development 2021
- Extensive parks, water feature and gardens
- Prominent Forrest location
- Short walk to the shores of Lake Burley Griffin
- Short drive to Manuka Shopping Precinct
- Close proximity to some of Canberra's best schools

EER: 6 stars
Living: 113m2 approx.
Balcony: 19m2 approx.
Storage Room: 14m2 approx.
Body Corporate: $1,858.73 per quarter approx.
Rates: 3,408.61 per annum approx.
Land Tax: $4,171.70 per annum approx. (paid only if rented out)

*Owner is happy to consider selling any/all furniture in addition (price list available on request)

Property History for 54/7 State Cir, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$1,225,000
10 May 2023
  • 10 May 2023
    Sold for $1,225,000
  • 13 Apr 2023
    Listed for Sale $1,150,000+
  • 15 Sep 2020
    Sold for $1,029,000

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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of total area. The population of Forrest in 2011 was 1,468 people. By 2016 the population was 1,602 showing a population growth of 9.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 69.6% of the homes in Forrest were owner-occupied compared with 62.4% in 2016.

Forrest has 1,249 properties. Over the last 5 years, Houses in Forrest have seen a 14.98% increase in median value, while Units have seen a 14.28% increase. As at 31 October 2024:

  • The median value for Houses in Forrest is $2,683,994 while the median value for Units is $837,624.
  • Houses have a median rent of $723 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Forrest.

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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.