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Sold on 14 Feb 2024 - Price Unavailable

16/25 Mcginness Street
Scullin ACT 2614

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Property Details for 16/25 Mcginness St, Scullin

16/25 Mcginness St, Scullin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Scullin in the last 12 months.

Building Type
Unit
Floor Size
65m2

Last Listing description (February 2024)

This exceptional property stands as a testament to superior craftsmanship of the past, contrasting starkly to modern buildings. Nestled at 25 McGinness Street, it remains a timeless example of enduring construction quality, boasting solid foundations and double brick walls .

Unit 16 resides on the first floor, offering a delightful north east aspect. The central living space maximizes natural light with glass sliding doors leading to a large balcony. The kitchen is renovated with stainless steel appliances , ample bench and cupboard space with ample room for your dining table.

The expansive main bedroom is complete with full-height robes and a delightful outlook onto a treelined greenspace. The second bedroom also includes a built-in robe, a rarity among comparable properties. The updated bathroom, in excellent condition, boasts a combined bath and shower, perfectly proportioned for convenience.

Quality carpets and window coverings throughout, recently repainted and all light fittings and electrical board replaced, there is nothing to do except move in.

For the astute investor this little gem makes financial sense; with the required ceiling insulation completed to comply with the recent changes to the ACT Tenancy Legislation.

A private carport, along with ample visitor parking within the complex, adds to the convenience. Situated just a few minutes from the recently upgraded Scullin Shops and a mere 2.5km from Westfield Belconnen, the location offers easy access to Canberra's prime amenities, making commuting a pleasant walk or bike ride away.

The Features:

65m2 of living space
Split system air conditioning
North and East orientations
Secure first-floor position
Large balcony
Spacious bedrooms with built-in robes
Combined shower and bathtub
Impeccably maintained
Shared laundry with just 1 other unit
Ceiling insulation upgrade completed July 2023

The Figures:

General rates $572pq
Strata levies $ 914pq
Land tax $TBA (applicable only if rented)
Rent appraisal $450 per week

Disclaimer: Carter and Co Agency and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their own independent enquiries.

Property History for 16/25 Mcginness St, Scullin, ACT 2614

A timeline of how this property has performed in the market
Last Sold
14 Feb 2024
Listed for Rent
$300/w
17 Mar 2017
  • 14 Feb 2024
    Transferred
  • 17 Jan 2024
    Listed for Sale $360,000
  • 17 Mar 2017
    Listed for Rent $300 / week
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About Scullin 2614

The size of Scullin is approximately 1.4 square kilometres. It has 13 parks covering nearly 8.4% of total area. The population of Scullin in 2011 was 2,814 people. By 2016 the population was 2,934 showing a population growth of 4.3% in the area during that time. The predominant age group in Scullin is 30-39 years. Households in Scullin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scullin work in a professional occupation. In 2011, 65.8% of the homes in Scullin were owner-occupied compared with 62.7% in 2016.

Scullin has 1,321 properties. Over the last 5 years, Houses in Scullin have seen a 54.63% increase in median value, while Units have seen a 36.59% increase. As at 30 November 2024:

  • The median value for Houses in Scullin is $822,950 while the median value for Units is $459,711.
  • Houses have a median rent of $583 while Units have a median rent of $480.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Scullin on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Scullin.

Suburb Insights for Scullin 2614

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Kim Zarevac
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Ally Smith
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Carter and Co Agents
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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.