OFF MARKET

10/113-115 Knox Street
Watson ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 1800m2
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Property Details for 10/113-115 Knox St, Watson

10/113-115 Knox St, Watson is a 2 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 1800m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1974
Floor Size
56m2
Land Size
1800m2
Local Government
Canberra Central
Lot/Plan
WATSON: Block 8, Section 32, Unit 10

Last Listing description (April 2023)

This must-see little gem is inviting and has much to offer as rents climb in the ACT, now could be the perfect time to become a first time homeowner and leave the rental market behind you. Two bedrooms, one bathroom corner apartment with open plan living, natural light, ground floor and just stroll to the Watson shops.

An older complex, this two-bedroom apartment has the extras to make you comfortable. The living space is defined by the raised flooring to the kitchen area. While the reverse cycle air conditioner keeps the apartment both cool and warm helped by the double brick construction. As new kitchen features, a ceramic hob, oven, integrated dishwasher and plumbed space for the washing machine and the fridge. A pleasing functional kitchen, that also includes a dining space.

The floating timber flooring adds to the lightness and openness of the apartment. Both bedrooms have built in robes. Bathroom has a shower over the bath with an updated vanity. Ease of access to the front of the building or to your carport at the rear.

This location is superb - just a short stroll to local shops, cafes, including the popular "The Knox" restaurant which is the perfect hang out with family and friends. Jump on the bus, light rail (20 min walk away) or car and you'll be surprised at what a quickly and easy run it is into Dickson for shopping plus the heart of a Civic. Enjoy a Saturday bike ride to the Farmers Markets to stock up or take a walk along the Mt Majura walking trail.

The functional layout and the great location of this apartment are the perfect opportunity for first home buyers and investors alike, make this a must see.

FEATURES
2 bedroom apartment
Ground floor location
Built in robes
Reverse cycle air conditioning
As new kitchen with hob and oven
Dining space in kitchen
Dishwasher
Washing machine space & connection
Bathroom with vanity
Single carport

FIGURES (all approximate)
Block: 8 Section: 32
Unit: 10
EER: 3.5
Year Built: 1974
Units Plan No. 49, 12 apartments
Body Corporate Manager: ACT Strata
Body Corporate Levies: $956 per quarter
Land Rates: $526 per quarter
Water supply: $175.56 per quarter
Projected rental income: $440 - $480

Information contained is believed to be correct at time of print, however we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

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Property History for 10/113-115 Knox St, Watson, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$361,000
05 Apr 2023
Listed for Rent
$330/w
09 Jul 2019
  • 05 Apr 2023
    Sold for $361,000
  • 11 Mar 2023
    Listed for Sale $329,000+
  • 12 Oct 2020
    Sold for $286,000
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About Watson 2602

The size of Watson is approximately 3.7 square kilometres. It has 9 parks covering nearly 16% of total area. The population of Watson in 2011 was 5,121 people. By 2016 the population was 5,880 showing a population growth of 14.8% in the area during that time. The predominant age group in Watson is 30-39 years. Households in Watson are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Watson work in a professional occupation. In 2011, 59.8% of the homes in Watson were owner-occupied compared with 57.2% in 2016.

Watson has 3,109 properties. Over the last 5 years, Houses in Watson have seen a 41.16% increase in median value, while Units have seen a 42.26% increase. As at 31 October 2024:

  • The median value for Houses in Watson is $1,064,344 while the median value for Units is $561,855.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 23 properties listed for sale, and 12 properties listed for rent in Watson on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Watson.

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