42 Nimbin St, Narrabundah is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 465m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Auction Location: On site.
This charming brick cottage is being offered for the first time in 20 years and provides the next owner a countless number of possibilities. Whether you are looking to renovate, extend or rebuild, all the options are there for you at 42 Nimbin Street.
Inside you will find a neat 2-bedroom floorplan that offers functional and comfortable living. The two bedrooms are generous in size and certainly offer space for wardrobes or space for a tidy home office. The living areas include a spacious lounge room, combined kitchen and dining, all which are sun soaked in the great northerly sunlight.
The appeal of this home is truly the central location. It is just a small walk from the popular Narrabundah Shops, where you will find a supermarket, barber, caf and even several of Canberra's finest restaurants. At the end of the street there is a path to a great family playground and oval to enjoy. Within a 5-minute drive you will find yourself at the popular Kingston Foreshore Precinct, Manuka Shopping Village and the Parliamentary Triangle, making it ideal for those wanting to take advantage of all the Inner South has to offer, whether it be for leisure or work. The property is also with school catchment area's for popular institutions such as Red Hill Primary Telopea Park, Narrabundah College.
Currently leased on a fixed term agreement until mid-July 2021 paying $450pw.
Features include:
- Split System heating and cooling
- Undercover carport
- Separate laundry
- Separate title
- Hills hoist clothesline
- Close to local shops, markets, schools
- 465m2 block
Figures:
Rates: $3,397 pa
Land tax: $5,099 pa
Land Value: $480,000
Rent: $450pw
The size of Narrabundah is approximately 4.1 square kilometres. It has 14 parks covering nearly 25.7% of total area. The population of Narrabundah in 2011 was 5,669 people. By 2016 the population was 5,933 showing a population growth of 4.7% in the area during that time. The predominant age group in Narrabundah is 50-59 years. Households in Narrabundah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation. In 2011, 54.2% of the homes in Narrabundah were owner-occupied compared with 54.9% in 2016.
Narrabundah has 3,102 properties. Over the last 5 years, Houses in Narrabundah have seen a 77.14% increase in median value, while Units have seen a 37.16% increase. As at 31 October 2024:
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