OFF MARKET

99/75 Elizabeth Jolley Crescent
Franklin ACT 2913

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 66m2
Land area: 9026m2
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Last updated 11 Nov 2024
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Property Details for 99/75 Elizabeth Jolley Cres, Franklin

99/75 Elizabeth Jolley Cres, Franklin is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 9026m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2011
Floor Size
66m2
Land Size
9026m2
Local Government
Gungahlin
Lot/Plan
FRANKLIN: Block 1, Section 97, Unit 99

Last Listing description (December 2019)

Positioned away from busy roads with a relaxing, elevated, reserve outlook to Black Mountain, this single level unit is a 1 minute stroll to the light rail plus a 4 minute walk to the bustling Gungahlin Town Centre & its cosmopolitan lifestyle, including shops, 2 major supermarkets, restaurants & cafes.

Located overlooking reserve, this bright first floor unit is 1 of only 2 units on this level without an upstairs neighbour! This provides the benefits of top floor living but only 1 flight of stairs, not to mention no common walls to the bedrooms! Completely refreshed this unit has new paint throughout, new carpets, new lighting including heat lamps in both bathrooms & a new cook top in the kitchen. All you need to do is move in & relax.

The floorplan is unique offering 2 separate living spaces with the kitchen in between as opposed to the more common single open plan living space. Both living spaces & both bedrooms open onto huge balconies giving you a further 29m2 of space to use to entertain or relax, both front & rear. In the secure basement there are 2 allocated side by side car spaces & a lockable storage enclosure.

For eligible first home buyers, the government will be able to act as a guarantor for any mortgage insurance you might have had to pay (as of Jan 2020) meaning you only need a 5% deposit to purchase plus you get free stamp duty as an added bonus making this property more affordable to own than rent, especially with such historically low interest rates.

Vacant & available for immediate occupation after exchange, or a flexible settlement if you require more time, make an inspection a priority.

SMS "99 Mosaic" to 0403 215 246 to get a copy of the digital brochure containing the contract.

Features overview:
- Top floor position (level 1) with only one neighbour below
- Bedrooms are separated by the bathrooms & share the outside wall for privacy
- Elevated outlook from the living room & main bedroom over reserve to Black Mountain
- Located away from roads ensuring peaceful living conditions
- 2 separated living areas with the kitchen in the middle
- High ceilings throughout
- New paint throughout (including skirtings & door trims)
- New carpets throughout
- New electric cooktop, heat lamps in both bathrooms & lighting throughout
- Stone benchtop in the kitchen plus a dishwasher & plenty of bench & cupboard space
- Reverse cycle air conditioning unit
- Voice intercom for guests with trigger to release door on the ground floor
- Large main bathroom has shower, vanity, toilet & is integrated with the laundry with dryer included
- Ensuite has large shower, toilet & vanity & is nice & bright due to an external frosted window
- Both bedrooms have 2 door, mirrored sliding built in robes
- 29m2 of outdoor balcony space (front & rear) opening off both bedrooms & both living areas
- 2 allocated, side by side, car spaces in the restricted access basement
- Lockable storage enclosure in basement located rear of the car spaces
- Entire Mosaic development has just been professionally repainted externally
- Vacant & available for immediate occupation after exchange
- Flexible settlement dates on offer if you have a property you want, or need, to sell
- Pet friendly complex (subject to body corporate notification)
- Healthy $262,000 in the strata admin & sinking fund plus cheap levies of just $2,783/yr.
- Impressive 6 star EER

To help buyers:
- We have a solicitor pre-allocated to provide a FREE contract review.
- All offers are confidential & not disclosed to other buyers.
- We use a guide price which your offer must exceed to be presented to the sellers.
- After a buyer's offer is accepted, they will have ample opportunity to view the property again, finalise their loan approval & show family & friends before unconditional exchange.
- A 5% deposit is acceptable & can be paid via BPay. This is only required just prior to the exchange of contracts (generally around 2 weeks from acceptance of an offer)

Property History for 99/75 Elizabeth Jolley Cres, Franklin, ACT 2913

A timeline of how this property has performed in the market
Last Sold
$390,000
17 Dec 2019
Listed for Rent
$390/w
10 Jun 2016
  • 17 Dec 2019
    Sold for $390,000
  • 03 Dec 2019
    Listed for Sale Under Contract
  • 30 May 2016
    Listed for Rent $390 / 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, 152 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.