2/112 Macfarland Cres, Pearce is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1770m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Take advantage of a rock-solid investment or a confident entry into the market with this superbly presented unit just metres from Pearce Shops and buses to Woden Interchange. This versatile unit also works exceptionally well for those looking to 'lock-and-leave' as a convenient base for town visits.
Positioned on the ground floor of a peaceful residential block, with well-maintained communal areas, you are assured of privacy yet all the benefits of a community. Inside the abode a living/meals greets you at the entrance offering a restful sanctuary for your down time, while abundant natural light fills the kitchen.
Accommodation comprises two bedrooms and a roomy updated bathroom/laundry.
This well kept unit has plenty of visitor parking spaces while the complex is also an easy stroll to bus stops and primary schools, and only a quick drive to lively shopping precincts including Westfield Woden and the City.
EER 4.0
Why you'll love this unit:
* Strolling distance to Pearce shops, playing fields, public transport and easy access to Woden and Phillip, and only minutes to Civic and the Parliamentary Triangle
* Outstanding opportunity to break into the market or purchase as an investment property
* Ground floor two bedroom apartment
* Open plan living/dining room with small balcony
* Functional kitchen with ample cabinetry and bench space
* Two light filled bedrooms, one appointed with built-in wardrobes
* Bathroom/laundry includes a shower, single vanity and toilet
* Can move in straight away, however there is scope to further value add
* Well-presented complex
* Plenty of on-site parking
Unit Plan: 118
Body Corporate: Civium Strata Canberra - 1300 724 256
B/C Fees: $1,010.38p/q (approx.)
AUV: $1,584,750 (Unit entitlement 8.8%)
Land Rates: $2,005.21p/a (approx.)
Land Tax: $2,730.68p/a (approx.) (Payable if rented)
The size of Pearce is approximately 1.7 square kilometres. It has 11 parks covering nearly 15.7% of total area. The population of Pearce in 2011 was 2,544 people. By 2016 the population was 2,574 showing a population growth of 1.2% in the area during that time. The predominant age group in Pearce is 40-49 years. Households in Pearce are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearce work in a professional occupation. In 2011, 69.8% of the homes in Pearce were owner-occupied compared with 70% in 2016.
Pearce has 1,259 properties. Over the last 5 years, Houses in Pearce have seen a 37.57% increase in median value, while Units have seen a 61.23% increase. As at 31 October 2024:
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