OFF MARKET

247/15 Bowes Street
Phillip ACT 2606

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
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Property Details for 247/15 Bowes St, Phillip

247/15 Bowes St, Phillip is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a floor size of 95m2.

Building Type
Unit
Year Built
2014
Floor Size
95m2
Local Government
Woden Valley

Last Listing description (April 2021)

Simply breathtaking. The contemporary design of this large 2-bedroom home way up on level 9 facing North overlooking the Canberra CBD and Parliament house is your opportunity to own apart of Woden's most sought after development that is Grand Central Towers by Geocon.
Think of your future when you think where you want to live or where you will invest. With stunning views, high quality inclusions and jaw dropping design any owner occupier would wake up happy every morning and any savvy investor will find it easy to find tenants for a great yield at approximately 7%.
Grand Central Towers is due for completion by the end of 2020 which gives you plenty of time to prepare for your future but with such a great opportunity to secure a great apartment for such a great price do not hesitate to call Andrew or Milo today.

Location:
1-minute to Westfield Woden
1-minute to Woden Bus Terminal & future Light Rail Terminal
• 12-minutes to Canberra CBD
13-minutes to Australian National University

Why invest:
Approx 7% rental yield
0.5% vacancy rate across Canberra
Lowest stamp duty anywhere in Australia, payable on competition and claimable in the first year
Highest rents in Australia
Highest economic growth in Australia
3 billion dollars in committed to infrastructure through to 2022
3 billion dollars in committed to infrastructure improvements in the Canberra region through to 2022
KEY FEATURES:
Development features:
Pristine pool and deck area with breathtaking views and change room facilities
Private outdoor kitchen surrounded by landscaped gardens
Resident lounge
Private function spaces
Tranquil rooftop retreat with reflection pond
Bicycle workshop
Gym and cardio room
Private resident concierge
Exclusive resident car wash
Climate-controlled wine cellar
Striking floor-to-ceiling double glazing

Property History for 247/15 Bowes St, Phillip, ACT 2606

A timeline of how this property has performed in the market
  • 28 Mar 2019
    Listed for Sale $574,000

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About Phillip 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,504 properties. Over the last 5 years, Houses in Phillip have seen a 52.35% increase in median value, while Units have seen a 52.85% increase. As at 31 October 2024:

  • The median value for Houses in Phillip is $628,086 while the median value for Units is $505,142.
  • Houses have a median rent of $550 while Units have a median rent of $560.
There are currently 66 properties listed for sale, and 19 properties listed for rent in Phillip on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Phillip.

Suburb Insights for Phillip 2606

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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.