OFF MARKET

51 Bunbury Street
Stirling ACT 2611

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 248m2
Land area: 844m2
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Property Details for 51 Bunbury St, Stirling

51 Bunbury St, Stirling is a 0 bedroom, 0 bathroom House and was built in 2019. The property has a land size of 844m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Year Built
2019
Floor Size
248m2
Land Size
844m2
Local Government
Weston Creek
Lot/Plan
STIRLING: Block 10, Section 16

Last Listing description (November 2023)

CBRE Australian Healthcare & Social Infrastructure is pleased to exclusively present for sale, 51 Bunbury Street, Stirling (ACT). The subject property is offered as part of the National NDIS Housing Portfolio, comprising seven (7) assets for sale individually or in-one line across Victoria and Canberra.

All assets are located within established residential locations with significant remaining tenure and notable underlying landholdings.


Bespoke construction and refurbishment across all homes has occurred with regular maintenance minimising immediate CAPEX expenditure.

With a 60% shortfall in specialist disability housing as at Oct-2023, the demand for this essential service has never been greater with the strength of long-term demand prospects unquestionable.

+ Purpose-built Disability Accommodation improvements of 385 sqm* with existing depreciation benefits

+ Significant underlying land value with a landholding of 844 sqm and median house price exceeding $1,000,000.

+ Leased to Disability Housing solutions with 30+ years of experience within the industry and established market leaders specialising in SDA accommodation

+ Annual income of $144,245 pa* plus outgoings and GST with annual CPI increases

+ Ten (10) year lease term plus two (2) further ten (10) year options to 2051
LOCATION

+ 79% of participants with SDA needs within the Weston Creek District are currently living in SDA dwellings - significant unmatched demand

LOCATION

+ Positioned within high-density residential area with key essential services and amenities a stone's throw away such as supermarket services (840m*), Weston Creek Walk-In Centre (800m*), Stirling Oval & Gardens (580m*) and Waramanga Medical Centre (950m*)

+ Highly accessible location with entry/exit to the Tuggeranong Parkway connecting to Canberra CBD and major arterials situated only 1.1km* from subject property

+ Stirling (ACT) median house price of $1,100,000 (92% increase in past 10 years)

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING Thursday 23rd November 2023 at 2:00pm (AEST)

For further information, contact the exclusive sales agents

Marcello Caspani-Muto
+61 417 065 777

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

*approx.

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Property History for 51 Bunbury St, Stirling, ACT 2611

A timeline of how this property has performed in the market
Last Sold
$1,437,000
28 Apr 2020
  • 27 Oct 2023
    Listed for Sale Contact Agent
  • 28 Apr 2020
    Sold for $1,437,000
  • 08 Jun 2018
    Sold for $550,000
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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 842 properties. Over the last 5 years, Houses in Stirling have seen a 40.31% increase in median value, while Units have seen a 40.18% increase. As at 31 October 2024:

  • The median value for Houses in Stirling is $1,042,844 while the median value for Units is $746,415.
  • Houses have a median rent of $700 while Units have a median rent of $440.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Stirling on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Stirling.

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