OFF MARKET

18/311 Flemington Road
Franklin ACT 2913

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 12024m2
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Property Details for 18/311 Flemington Rd, Franklin

18/311 Flemington Rd, Franklin is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 12024m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2012
Floor Size
118m2
Land Size
12024m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 2, Section 96, Unit 18

Last Listing description (August 2021)

Situated just a short walk from the action of the Gungahlin Town Centre, this two-storey townhouse is a great opportunity to buy a quality property in this high growth region. This particular residence boasts direct street frontage onto Henry Kendal Street. The property offers the combination of a practical floor plan with generous living areas coupled with an ultra-convenient location within walking distance of the Gungahlin Town Centre & only 500 metres from the light rail station, ensuring easy access to the City.

The interior of the home offers generous proportions, including family and lounge areas which can be utilised separately however still connected for optimal functionality & comfort. The kitchen is well proportioned & well equipped including electric appliances, stone surfaces and a breakfast bar for casual meals on the go. The bedrooms are all of generous size and include built-in robes with the main bedroom also containing its own walk-in robe, ensuite & private balcony with a pleasant outlook.

Enjoy outdoor entertaining? You will be spoilt for choice here with 2 courtyard areas, providing plenty of options to enjoy time outside with family & friends. You could even enjoy planting a herb or vegetable garden & still maintain a separate courtyard for outdoor living & entertaining. The "Synergy" development also offers a sparkling inground swimming pool & various barbeque areas for the exclusive use of residents.

The townhouse is currently rented at $500 per week is on a fixed-term lease until January 2022. This provides the opportunity for investors to purchase with an existing tenant in place & no vacancy hassles. Alternatively, if you wish to move in, this gives you time to plan your move whilst still receiving a rental income & the tax advantages in the short term.

Overall, the property offers an exciting opportunity for both investors or live in owners to secure a private 2 storey residence in a town centre location which will become increasingly desirable as time goes by. Please contact Andrew Potts for further details & to register your interest.

Summary of features:

- Convenient location walking distance from the Gungahlin Town Centre
- 2 storey townhouse with direct street frontage to Henry Kendall Street
- Large open plan living spaces including lounge, dining & family area
- Well equipped kitchen with stone benchtops & breakfast bar
- Main bedroom boasts a walk-in robe, ensuite & private balcony
- Bedrooms 2 & 3 well proportioned & both offer built-in robes
- Bathroom & ensuite upstairs + additional powder room downstairs
- Main bathroom includes a bathtub
- Separate laundry downstairs
- Carpet to bedrooms
- 2 separate courtyard areas (front & back of townhouse)
- Ducted reverse cycle heating & cooling
- Continuous gas hot water system
- Private & low maintenance courtyard areas
- Access to development facilities including swimming pool & BBQ areas
- Currently tenanted at $500 per week (leased until Jan 2022)
- Living area: 114m2
- Courtyard area: 61m2
- Balcony 8m2
- 2 basement car spaces
- Large separate storage enclosure in the basement

Property History for 18/311 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$597,000
11 Aug 2021
Listed for Rent
$480/w
11 Dec 2019
  • 11 Aug 2021
    Sold for $597,000
  • 09 Jul 2021
    Listed for Sale Offers over $580,000
  • 21 Nov 2019
    Listed for Rent $480 / week
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About Franklin 2913

The size of Franklin is approximately 2.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Franklin in 2011 was 3,807 people. By 2016 the population was 6,421 showing a population growth of 68.7% in the area during that time. The predominant age group in Franklin is 30-39 years. Households in Franklin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Franklin work in a professional occupation. In 2011, 69.5% of the homes in Franklin were owner-occupied compared with 55.5% in 2016.

Franklin has 2,851 properties. Over the last 5 years, Houses in Franklin have seen a 43.84% increase in median value, while Units have seen a 31.05% increase. As at 31 October 2024:

  • The median value for Houses in Franklin is $1,088,457 while the median value for Units is $501,821.
  • Houses have a median rent of $675 while Units have a median rent of $548.
There are currently 35 properties listed for sale, and 13 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Franklin.

Suburb Insights for Franklin 2913

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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.