OFF MARKET

3/121 Streeton Drive
Stirling ACT 2611

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 28761m2
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Property Details for 3/121 Streeton Dr, Stirling

3/121 Streeton Dr, Stirling is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 28761m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2001
Land Size
28761m2
Local Government
Weston Creek
Lot/Plan
STIRLING: Block 87, Section 24, Unit 3

Last Listing description (August 2023)

DHA Lease: 4th October 2022 to 3rd October 2025
Lease Option: 3 years (resulting in a possible 2028 end of the Lease)
Management Fee: 16.5% inc. GST

Gross Rent: $749 per week with annual reviews

Position is Everything !

This has been an owners' home for many years, and then leased to DHA in 2022. As a result, owner improvements, the energy rating, and the quality of window treatments and floorings are far superior to other DHA investments.

If you are looking to right-size, look no further than this exceptional and spacious free-standing town residence. Well located in a quiet sought-after boutique complex, this stylish architect-designed single level home is perfect for those wishing to downsize, or to invest, especially when you consider the repainting and recarpeting that will happen at the end of the lease.

Imagine the benefits of buying something now, talking to your accountant about claiming the stamp duty, having guaranteed rent with DHA every month, with a plan to move into the property yourself in a few years. Here is the opportunity you've been waiting for!

This well-presented town residence won't disappoint, featuring a separate dining/living area and a modern kitchen adjoining a large family room which flows effortlessly to a north-facing outdoor entertaining area, perfect for alfresco dining. Other noticeable features of the property include large windows with lots of natural light throughout, double garage with internal access, ducted gas heating and evaporative air conditioning. Accommodation includes 4 generous sized bedrooms each with built in robes, with the segregated master bedroom featuring an ensuite.

The residence is conveniently located close to Cooleman Court and Westfield Woden, with the bus stop right outside the complex. Local schools and shops are only a short stroll away.

Contact Christine Shaw to arrange a private viewing.

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive DHA Property Care Services.

Living: 156m2 (not including porch)
Pergola: 17.5m2
Garage: 42m2
Total Residence: 215.5m2

Features Include:
- 2001 construction backing onto Reserve
- Four good sized bedrooms each with built-in robes
- Spacious lounge/dining area
- Separate family room
- Segregated master bedroom with ensuite
- Quality curtains throughout
- Freshly painted and new carpets in 2022
- Ducted gas heating and evaporative air conditioning
- North-facing outdoor pergola area
- Double garage with internal access
- Best location, backing reserve in the complex
- 15 year Sinking Fund Plan from Jan 2020 to Jan 2034
- Very healthy sinking fund balance for future works
- Close to Cooleman Court, Westfield Woden and local shops

EER: 4
Body Corporate: $2775.72 pa
Land Tax: $2678.20 pa
Rates: $2216 pa

Note:
1. All figures and measurements are approximate.
2. Photos are owners' photos taken prior to the DHA lease commencing.

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au website to read about the benefits of investing in Defence Housing Australia property.

Property History for 3/121 Streeton Dr, Stirling, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$840,000
26 Jul 2023
  • 26 Jul 2023
    Sold for $840,000
  • 14 Jul 2023
    Listed for Sale $849,000
  • 21 Jul 2022
    Listed for Sale $899,000 +
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About Stirling 2611

The size of Stirling is approximately 1.3 square kilometres. It has 10 parks covering nearly 29.7% of total area. The population of Stirling in 2011 was 2,084 people. By 2016 the population was 2,127 showing a population growth of 2.1% in the area during that time. The predominant age group in Stirling is 60-69 years. Households in Stirling are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Stirling work in a professional occupation. In 2011, 71% of the homes in Stirling were owner-occupied compared with 71.3% in 2016.

Stirling has 846 properties. Over the last 5 years, Houses in Stirling have seen a 47.66% increase in median value, while Units have seen a 39.80% increase. As at 31 August 2024:

  • The median value for Houses in Stirling is $1,093,230 while the median value for Units is $724,229.
  • Houses have a median rent of $725 while Units have a median rent of $440.
There are currently 2 properties listed for sale, and 1 property listed for rent in Stirling on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Stirling.

Suburb Insights for Stirling 2611

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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.