OFF MARKET

9/5 Garran Place
Garran ACT 2605

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 1201m2
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Property Details for 9/5 Garran Pl, Garran

9/5 Garran Pl, Garran is a 1 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 1201m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1974
Floor Size
52m2
Land Size
1201m2
Local Government
Woden Valley
Lot/Plan
GARRAN: Block 9, Section 36, Unit 9

Last Listing description (November 2022)

Large, floor to ceiling, double glazed windows allow for the epic views of the Brindabellas to capture your attention from the moment you enter this intelligently designed and updated, top floor apartment.

Located in the heart of arguably Woden Valley's most desired suburb, this provides enviable accessibility to the well serviced Garran shopping precinct and the ever-expanding Canberra Hospital. A mere stone throw to Garran Primary School and bus routes to get you to all corners of the ACT, the allocated car spot included in this offering is going to be occupied by your vehicle as driving will rarely be needed. Should you wish to commute by car however, then main arterials are so close by you will be to the north, south or central in no time.

The spacious living area is comforted by split system heating and cooling, flows seamlessly to the newly renovated, oversized balcony and provides indoor to outdoor living with the ability to accommodate guests just to show off an enviable, picturesque outlook. The updated galley style kitchen has a large, double-glazed window looking out to Red Hill Reserve, electric cooking and plenty of storage.

A hallway in a one-bedroom apartment may be unexpected but, in this case, highlights the size of the property, connecting a separate laundry room, sizeable bathroom, main bedroom and more storage. The separate laundry is sure to be appreciated, a feature rare in new apartments while the bathroom incorporates both a shower and bathtub. The main bedroom has an extra-large built-in robe and the floor to ceiling windows allows you to sit up of a morning to appreciate the unobstructed, expansive views but also access the balcony.

Waking up on any day with the convenience of good coffee, fresh bread and groceries from a reputable caf, bakery and supermarket within minutes' walk is as about enticing as it gets. Not only was this enjoyed by the owner, but a key factor to the low vacancy rate as a short term rental which returned up to $2,000 per month.

So many appealing aspects, provides all the reasons to not miss your chance to purchase this fantastic property. Enquire today to receive more information on the property, visit our next upcoming open home or call Jack to book a private viewing, but do not delay.

Features:
Top story apartment with large balcony and exceptional views
Double glazed windows throughout
Spilt system A/C
Exceptional location close to Canberra Hospital, Woden and stone throw from Garran shops
Separate laundry and large bathroom
Built in robes and ample storage
Good rental return and Air BnB potential

EER: 2.0
Year of development 1974
Living Area: 61m2 (approx.)
Balcony Size: 16m2 (approx.)

Outgoings:

Rates: $606.70 p/qtr (approx.)
Land Tax (if rented out): $811.55 p/qtr (approx.)
Body Corporate Fees: $1,012.50 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 9/5 Garran Pl, Garran, ACT 2605

A timeline of how this property has performed in the market
Last Sold
$388,000
25 Nov 2022
Listed for Rent
$360/w
27 Jun 2017
  • 25 Nov 2022
    Sold for $388,000
  • 10 Nov 2022
    Listed for Sale Offers above $369,000
  • 12 May 2017
    Listed for Rent $360 / week
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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 4 properties listed for sale, and 3 properties listed for rent in Garran on OnTheHouse. According to CoreLogic's data, 57 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.