OFF MARKET

99-103 Georgina Crescent
Kaleen ACT 2617

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 288m2
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Property Details for 99-103 Georgina Cres, Kaleen

Building Type
Land
Floor Size
108m2
Land Size
288m2
Local Government
Belconnen
Lot/Plan
KALEEN: Block 11, Section 88

Last Listing description (January 2016)

On behalf of Tabcorp, JLL are delighted to offer for sale nine (9) properties via public auction at 11:00am Thursday 26 November 2015.
99-103 Georgina Crescent, Kaleen offers a new initial 7 year lease term to Tabcorp ACT Pty Ltd with 2 x 5 year options. This property is well-located close to the Kaleen Plaza Shopping Centre that is anchored by a Supabarn supermarket with extensive hardstand public car parking.
Land area of 288sqm

Gross lettable area of 108.9sqm
Net passing income of $37,677 p.a*
2 x 5 year options
3% annual reviews with market review at options
*approximately
For sale by public auction at 11:00am Thursday 26 November 2015 at Thoroughbred Park, 1 Randwick Road, Lyneham ACT.

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Property History for 99-103 Georgina Cres, Kaleen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$800,000
26 Nov 2015
  • 26 Nov 2015
    Sold for $800,000
  • 23 Oct 2015
    Listed for Sale For sale by public auction - 11:00am 26/11/2015
  • 29 Jul 2014
    Sold for $410,000

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About Kaleen 2617

The size of Kaleen is approximately 6 square kilometres. It has 16 parks covering nearly 31.6% of total area. The population of Kaleen in 2011 was 7,313 people. By 2016 the population was 7,258 showing a population decline of 0.8% in the area during that time. The predominant age group in Kaleen is 60-69 years. Households in Kaleen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kaleen work in a professional occupation. In 2011, 75.3% of the homes in Kaleen were owner-occupied compared with 74.6% in 2016.

Kaleen has 2,961 properties. Over the last 5 years, Houses in Kaleen have seen a 42.67% increase in median value, while Units have seen a 57.67% increase. As at 30 September 2024:

  • The median value for Houses in Kaleen is $995,148 while the median value for Units is $634,628.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Kaleen on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Kaleen.

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