118/20 Federal HighwayWatson ACT 2602
Property Details for 118/20 Federal Hwy, Watson
118/20 Federal Hwy, Watson is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 20536m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (October 2022)
Offering a very generous single level floorplan measuring just over 100m2 living, this 2 bedroom, 2 bathroom apartment offers an open feel across two separated living spaces, with plenty of light and cross ventilation allowing fresh air throughout. Being on the top floor there is only one other neighbour that shares this level with you for privacy and you will benefit from a lovely outlook from your covered balcony which adds another 12m2 of additional indoor/outdoor space.
The two spacious living areas are smoothly integrated with the modern kitchen offering stone bench tops, stainless steel appliances including a dishwasher and loads of bench space. There is plenty of room for your large furniture items and you can choose to create zones for your lounge room and dining room with plenty of space left over for a study.
Cool off during the summer months and enjoy some time outside as the development features a pool, loads of open garden areas as well as numerous visitor parks for when your friends drop by. Don't forget, Canberra City is less than a 15min drive or tram ride away so you will be able to spend less time in transit & more time enjoying this tranquil local and your new lifestyle.
For a copy of the digital brochure containing the full contract, please send us an email from the web portal noting your full name and mobile number and it will be automatically sent to you.
Features overview:
-Located on the top floor (2nd level)
-North/West orientation
-Very private with no other units able to look in
-Large floor plan offering over 100m2 living with 2 separated living areas
-Timber-look, laminate floating floors throughout living areas and bedrooms, perfect for allergy suffers, scratch resistant so suitable for pets and they look great and last longer than carpet
-Modern kitchen with stone benchtops and stainless-steel appliances including electric cooktop and oven and a dishwasher
-2 spacious bedrooms each with built in robes
-Main bedroom has an ensuite with shower, vanity and toilet
-Second bedroom has access to the main bathroom complete with bath/shower combo, toilet and vanity and also this is where the laundry with dryer included is located and the hot water system
-Fully covered and tiled balcony with elevated outlook North/West
-Reverse cycle air conditioner (electric heating and cooling)
-2 basement car spaces with internal access via the fully enclosed internal stairwell (not all units offer this)
-Numerous on-site visitor car parks (both open and under cover)
-Outdoor swimming pool and picnic area
-Available with vacant possession
-Flexible settlement dates if you have another property you want, or need, to sell
-Pets welcome (subject to strata notification)
The Numbers (approx):
-Unit size: 101m2
-Balcony size: 12m2
-Age of development: 19 years (built 2003)
-General Rates: $1,712 p.a.
-Water & sewerage rates: $670 p.a.
-Land Tax (investors only): $1,939 p.a.
-Strata levies: $5,047 p.a.
-Rental Potential (unfurnished): $520/week
-Current total balance of the Admin & Sinking funds as of 30/06/22: $521,990
-Units Plan number: 2264
-Total number of units in development: 140
-Strata Manager: Grady Strata phone 62511214
-Name of development: Starlight
-Level in building: 2 of 2
-EER: 6 stars (the highest rating)
To help buyers, we offer the following:
-A digital brochure with everything to consider a purchase, including the full contract (request this via email from the web portal)
-We refer a solicitor who can review the contract for FREE.
-Same solicitor can provide a FREE Section 17 Certificate to waiver the cooling off if you want to submit an unconditional offer.
-5% deposit pre-approved payable via eft transfer
-Help negotiating terms such as settlement dates or exchange deposits.
-Free valuations on your current property(s) to help establish your equity.
Property History for 118/20 Federal Hwy, Watson, ACT 2602
- 04 Oct 2022Sold for $520,000
- 03 Aug 2022Listed for Sale Offers Over - $500,000
- 05 May 2016Sold for $336,000
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0About 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.
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