OFF MARKET

46/301 Flemington Road
Franklin ACT 2913

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 9631m2
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Property Details for 46/301 Flemington Rd, Franklin

46/301 Flemington Rd, Franklin is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 9631m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2017
Floor Size
40m2
Land Size
9631m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 2, Section 95, Unit 46

Last Listing description (June 2022)

If you are searching for a minimal maintenance ideal living space, why not consider a one-bedroom apartment conveniently located only a few minutes' walk to the Mapleton Avenue Light Rail stop? Or add this to your investment property portfolio as there is a tenant already in place with a lease until September.

The apartment, positioned on the first floor, has natural light flowing into it and a large balcony with enough space for an outdoor setting for entertaining family and friends as well as an outlook into the resident gardens.

The lounge, dining and kitchen are an open plan design with a wall mounted reverse cycle air conditioner and enjoy access to the sun-filled balcony, along with the bedroom. The kitchen has a Miele dishwasher, electric oven and cook top and rangehood. The bathroom is spacious with a shower, vanity, toilet, and laundry facilities.

Car accommodation is provided by a disability friendly single allocated car parking space with a large storage cage.

Local amenities include the Gungahlin Town Centre, Mulangarri Grasslands and North Mitchell Grasslands, walkways, and bicycle paths as well as primary and secondary schools.

About the suburb: Franklin is a suburb in the district of Gungahlin. It is named after the novelist Miles Franklin and the streets are named after writers. It is bounded by Flemington Road to the north and east, Wells Station Drive to the south and Gungahlin Drive to the west.

Features:

Positioned on the first floor
Open plan living, dining and kitchen with wall mounted reverse cycle air conditioner
Kitchen with dishwasher
Bedroom with built in robe
Large bathroom with shower, vanity, toilet, and laundry facilities
Full length balcony accessed from the lounge room and bedroom
Outlook into the residents' gardens
Single allocated disability friendly car space with storage cage
NBN connectivity fibre to the premises
Mapleton Avenue Light Rail stop at your doorstep

Statistics: (all measures/figures are approximate)

Land value $4,700,000 (entire block)
Block size 9,631 sqm (entire block)
Rates $360 per quarter
Body corporate levies: $671.37 per quarter
Land tax $414.64 per quarter (if purchased as an investment property)
Living area 42.39 sqm
EER 5
Currently leased until 23 September 2022 at $350 per week unfurnished

Property History for 46/301 Flemington Rd, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$355,000
27 May 2022
Listed for Rent
$300/w
11 Mar 2016
  • 27 May 2022
    Sold for $355,000
  • 31 Mar 2022
    Listed for Sale $355,000
  • 14 Feb 2017
    Sold for $250,000
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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 2,859 properties. Over the last 5 years, Houses in Franklin have seen a 41.83% increase in median value, while Units have seen a 31.32% increase. As at 30 September 2024:

  • The median value for Houses in Franklin is $1,082,154 while the median value for Units is $507,081.
  • Houses have a median rent of $700 while Units have a median rent of $543.
There are currently 31 properties listed for sale, and 11 properties listed for rent in Franklin on OnTheHouse. According to CoreLogic's data, 145 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.