OFF MARKET

703/2 Gribble Street
Gungahlin ACT 2912

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2193m2
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Property Details for 703/2 Gribble St, Gungahlin

703/2 Gribble St, Gungahlin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 2193m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Land Size
2193m2
Local Government
Gungahlin
Lot/Plan
GUNGAHLIN: Block 4, Section 209, Unit 72

Last Listing description (July 2023)

How important to you is your privacy? Increasingly, many developments are being built where apartments look directly into, and are overlooked by, numerous other apartments. There simply is no privacy, leading to a feeling of living in a goldfish bowl. Conversely, it is SO refreshing to walk into Apartment 703 in "Jade" and to NOT see other apartments looking in. Instead, you'll see a beautiful view of parklands, a gorgeous lake and a background of hills and mountains. The view is inspiring and you'll never tire of looking at it.
The solar orientation means that the apartment gets plenty of natural light and, in winter - when the sun is lower in the sky - sunshine streams into the apartment. In summertime the sun is more overhead, enabling the sizable entertaining balcony to provide natural shade. Perfect!
Jade is ideally located between the bustling Gungahlin town centre - with all its shops, cafes, bars, clubs and the light rail to the city - in one direction and the recreational parks surrounding gorgeous Yerrabi Pond in the other. So whether your needs are business, social, recreational or retail, you will be adequately catered for nearby.

The building offers a range of convenient amenities, including 2 rooftop barbecues and 2 pizza ovens along with multiple picnic tables to sit and enjoy the glorious view. Lower in the building, there's also an excellent gym and a multi-lane swimming pool. In the complex there are several commercial businesses providing a range of useful services, such as a pizza and kebab shop, a laundromat, a chicken shop, a fresh food market, a beauty salon, and others.
Located on the 7th floor, this lovely apartment offers 2 well segregated bedrooms, both with large built-in wardrobes. The main bedroom opens directly onto the roomy entertaining balcony with commanding views. The open plan living, dining and kitchen area also opens onto the balcony, sharing the magnificent views and promoting an indoor/outdoor lifestyle in the warmer months. There is carpet to both bedrooms and easily maintained, timber look, vinyl plank flooring to the living areas. The window treatments are a combination of both sheer and block-out blinds.
The modern kitchen features quality AEG stainless steel appliances including oven, cooktop and dishwasher and there is ample food preparation space on the thick, stone benchtop. There is also a handy Ariston combination washer/dryer in the separate laundry. In the bathroom there is a large shower, a wall-hung vanity and floor to ceiling wall tiles.
The family car gets its own allocated, numbered car space in the secure basement garage where there is also a good-sized, allocated, numbered, lock-up storage facility. The apartment also has an intercom system offering convenient remote access to the front door and lifts.
This well located, well designed, well constructed and perfectly oriented apartment will ideally suit both live-in owners and investors. It will be sold vacant, but if an investor is the lucky buyer it will be expected to rent for $470 to $480 per week. Whatever your status, you will love this apartment and its location. It is head and shoulders above the competition.

Summary:
Ideal location between Gungahlin town centre and Yerrabi Pond recreation parks Great solar aspect Private orientation, not overlooked by other apartments Sensational lake and mountain views Very good design with open plan living Sizeable entertaining balcony off living areas & bedroom 1 2 x segregated bedrooms, both with large, mirror door, built-in robes Modern kitchen with quality AEG stainless steel appliances Separate laundry with Ariston washer/dryer Quality fittings and finishes throughout the apartment Robust, stone kitchen benchtop Easy care, timber look, vinyl plank flooring to living areas Carpet in both bedrooms Intercom with front door and lift access Rooftop entertaining area with 2 barbecues, 2 pizza ovens, & picnic tables Fully equipped gym & multi-lane swimming pool Allocated, numbered car space & storage facility in the secure basement garage Secure access within the building to and from parking garage A range of handy commercial services available in the building Close to light rail network to city centre
Approximate running costs:
Rates: $356.92 per quarter Water: $175.56 per quarter Strata: $700.00 per quarter Land Tax: $407.59 per quarter (only if rented)

Property History for 703/2 Gribble St, Gungahlin, ACT 2912

A timeline of how this property has performed in the market
Last Sold
$445,000
17 Jul 2023
Listed for Rent
$455/w
25 Jan 2021
  • 17 Jul 2023
    Sold for $445,000
  • 23 May 2023
    Listed for Sale Offers Above $439,900
  • 20 Jan 2021
    Listed for Rent $455 / week
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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.

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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.