SOLD
Sold on 31 Jan 2024 for $1,021,000

33 Boreham Lane
Gungahlin ACT 2912

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 181m2
Land area: 225m2
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Property Details for 33 Boreham Lane, Gungahlin

33 Boreham Lane, Gungahlin is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 225m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Gungahlin in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
181m2
Land Size
225m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 12, Section 80

Last Listing description (April 2024)

If you're seeking a property with stellar investment potential and a prime location, look no further. This impressive home is zoned CZ5 for mixed-use commercial/residential purposes, offering a primary residence and an additional self-contained unit. The flexibility is yours ? reside in one and lease the other or capitalise on both for attractive returns.

The main two-story home boasts three bedrooms and two bathrooms. The well-appointed kitchen, located on the lower level, features modern appliances. The bright dining and family room seamlessly connect to the outdoor entertaining area.

Above the double garage, a generously-sized one-bedroom unit awaits, complete with its own entrance, balcony, bedroom, living room, kitchen, and bathroom.

This property, with its dual units, presents excellent investment potential. You can choose to rent out the self-contained unit long-term or Airbnb the entire property, generating an estimated annual income of around $75,000. This versatility allows you to adapt to market trends and maximise returns.

Don't miss out on the opportunity to explore this property with its investment potential and superb location. It's a must-see for those prioritising both value and prime positioning.

Features:
- Unique combination of a self-contained unit and a main house.
- CZ5 mixed use zoned block
- Primary residence with three bedrooms and two bathrooms.
- Additional independent one bedroom unit.
- Flexible living arrangements - live in one, rent out the other.
- Well-appointed kitchen with modern appliances.
- Open dining and family room.
- Master bedroom with walk-in wardrobe, balcony, and ensuite bathroom.
- Two secondary bedrooms both feature built-in robes.
- Generously-sized one bedroom unit.
- Dual entrances for convenience.
- Prime location, 500 meters from Gungahlin Town Centre, shops, and the Light Rail stop.

Essentials:
Combined Rental Income: $1150pw
Self-Contained Unit only: $450pw
AirBnB Estimate: $75,000 per annum approx.
EER 5.5

Main Residence: Living 135m?
Studio Living: 46m?
Garage 46m?
Rates $2,233*
Land Tax $3,192*

Property History for 33 Boreham Lane, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$1,021,000
31 Jan 2024
Listed for Rent
$280/w
10 Jun 2016
  • 31 Jan 2024
    Sold for $1,021,000
  • 12 Oct 2023
    Listed for Sale Not Disclosed
  • 19 Mar 2018
    Sold for $700,000
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About Gungahlin 2912

The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2011 was 5,617 people. By 2016 the population was 6,141 showing a population growth of 9.3% in the area during that time. The predominant age group in Gungahlin is 20-29 years. Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation. In 2011, 48.4% of the homes in Gungahlin were owner-occupied compared with 43.7% in 2016.

Gungahlin has 4,213 properties. Over the last 5 years, Houses in Gungahlin have seen a 35.29% increase in median value, while Units have seen a 23.23% increase. As at 31 October 2024:

  • The median value for Houses in Gungahlin is $1,005,108 while the median value for Units is $457,271.
  • Houses have a median rent of $660 while Units have a median rent of $538.
There are currently 53 properties listed for sale, and 21 properties listed for rent in Gungahlin on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Gungahlin.

Suburb Insights for Gungahlin 2912

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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.