8 Vela PlaceGiralang ACT 2617
Property Details for 8 Vela Pl, Giralang
8 Vela Pl, Giralang is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 888m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (September 2023)
Auction Location: LJ Hooker Canberra City Office
Create instant multiple streams of income with this excellent investment portfolio opportunity.
Set up as three separate dwellings, meaning three separate streams of income. This clever offering provides two residences all together.
The first is the original home separated into a two bedroom and a one bedroom dwelling under one roof line..
Then a beautifully designed and fully functional self-contained, self-sufficient one bedroom granny flat.
As large as a small house airy, impressive, modern, and a treat to live in..
The property has two driveways along with more than ample covered parking for everyone. In fact park up to 12 vehicles if necessary off-street.
The return on investment is better than fair and the location at the end of the cul-de-sac makes for an uninterrupted and private setting.
Solar power adorns both dwellings to offset and almost completely wipe out running costs, solar power complements both of the dwellings and has a massive impact on reducing the running costs of this brilliant opportunity.
The Granny flat building is run completely off grid!
This lively property setup is an excellent way to create a strong income stream very quickly. Or rent one and live in the other.
With an excellent location and large 888m2 block you may even decide to put your dream home there into the future. The opportunities are in plenty and this is a sure to be sought after property. EER 0.5
Secure your interest today, please call Tim Russell 0416 087 834 or Eoin Ryan-Hicks 0424 042 419 for further information or a private inspection.
Features include:
Double glazed windows
Solar power to both buildings
Solar Hot Water
Color bond roofing
32 kilowatt hour off grid battery setup!
888m2 block
Dual driveway access + circular driveway
Property History for 8 Vela Pl, Giralang, ACT 2617
- 12 Jul 2022Listed for Sale Sold
- 27 Jun 2022Listed for Sale Sold
- 11 May 2022Sold for $930,000
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About Giralang 2617
The size of Giralang is approximately 2.4 square kilometres. It has 4 parks covering nearly 32.6% of total area. The population of Giralang in 2011 was 3,304 people. By 2016 the population was 3,322 showing a population growth of 0.5% in the area during that time. The predominant age group in Giralang is 0-9 years. Households in Giralang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Giralang work in a professional occupation. In 2011, 77.5% of the homes in Giralang were owner-occupied compared with 76.1% in 2016.
Giralang has 1,307 properties. Over the last 5 years, Houses in Giralang have seen a 37.01% increase in median value, while Units have seen a 73.92% increase. As at 31 December 2024:
- The median value for Houses in Giralang is $870,220 while the median value for Units is $780,451.
- Houses have a median rent of $650 while Units have a median rent of $365.
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