SOLD
Sold on 18 Sep 2024 for $400,000

4/1 Garran Place
Garran ACT 2605

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1612m2
Sold By
Cream Residential
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Property Details for 4/1 Garran Pl, Garran

4/1 Garran Pl, Garran is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 1612m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Garran in the last 12 months.

Building Type
Unit
Year Built
1969
Land Size
1612m2
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 7, Section 36, Unit 4

Last Listing description (September 2024)

Located in a sought-after suburb in the heart of Woden, this refreshed 2-bedroom, 1-bathroom apartment in The Terrace development offers a blend of comfort and convenience, with outstanding views!

Ideal for first-home buyers, downsizers, or investors, you will be located just meters from the Garran shopping precinct, Canberra Hospital, and the coveted public schooling option of Garran Primary School - all essential amenities at your doorstep.

The open-plan living area seamlessly extends to an enormous balcony, perfect for entertaining or relaxing while soaking in the unrivalled views of the Brindabellas and adding a picturesque touch to your everyday living. Recent updates, including new carpet, blinds, and a fresh coat of paint, ensure the apartment is move-in ready.

The main bedroom boasts a new mirrored built-in robe, balcony access through large sliding doors, and excellent views of Woden and out to the Brindabellas, while the sunlit second bedroom offers tree top views of Red Hill Reserve.

The well-appointed kitchen is flooded with morning sunlight and features a gas cooktop, electric oven and new flooring. A spacious bathroom with a walk-in shower and integrated laundry facilities adds to the apartment's practicality, with the package completed by an undercover carport providing parking out of the elements.

A balcony this size needs to be seen to be appreciated, while the location and price point are a combination rarely encountered. Do not miss your opportunity to purchase this excellent offering, enquire today to register your interest.

Enormous balcony with breathtaking views of the Brindabellas
Sought after location in the heart of Woden
Open plan living that extends indoor to outdoor living seamlessly
Recently painted and new carpet throughout
New blinds throughout
Main bedroom with new mirrored BIR, balcony access through large sliding doors and excellent views to the Brindabellas over Woden.
Second bedroom flooded with morning sun with new BIR and views of Red Hill reserve
Spacious bathroom with walk in shower and laundry facilities
Spacious kitchen with gas cook top and electric oven, new flooring and flooded with natural light
Large carport under the building
Very close to Garran Shopping Precinct with cafes, supermarket and more
Excellent public schooling option in Garran Primary
Very close to Canberra Hospital

Apartment Size: 61m2 (approx.)
Balcony Size: 36m2 (approx.)
Year of Construction: Circa 1970
EER: 2.5

Outgoings:
General Rates: $799 p/qtr (approx.)
Land Tax (investors): $1,208 p/qtr (approx.)
Body Corp Levies: $1,732 p/qtr (approx.)

Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.

Property History for 4/1 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$400,000
18 Sep 2024
  • 18 Sep 2024
    Sold for $400,000
  • 15 Aug 2024
    Listed for Sale Offers Above $399,000
  • 13 Dec 2009
    Transferred
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About Garran 2605

The size of Garran is approximately 2.7 square kilometres. It has 10 parks covering nearly 36.6% of total area. The population of Garran in 2011 was 3,198 people. By 2016 the population was 3,492 showing a population growth of 9.2% in the area during that time. The predominant age group in Garran is 40-49 years. Households in Garran are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Garran work in a professional occupation. In 2011, 64.7% of the homes in Garran were owner-occupied compared with 64.3% in 2016.

Garran has 1,464 properties. Over the last 5 years, Houses in Garran have seen a 40.72% increase in median value, while Units have seen a 18.25% increase. As at 31 October 2024:

  • The median value for Houses in Garran is $1,472,687 while the median value for Units is $740,215.
  • Houses have a median rent of $815 while Units have a median rent of $663.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Garran on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Garran.

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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.