OFF MARKET

504/566 Cotter Road
Wright ACT 2611

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Last updated 11 Nov 2024
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Property Details for 504/566 Cotter Rd, Wright

504/566 Cotter Rd, Wright is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a floor size of 51m2.

Building Type
Unit
Year Built
2020
Floor Size
51m2
Local Government
Molonglo Valley

Last Listing description (August 2020)

This brand new apartment is nearing completion! Located on level 5 it is well positioned, offering a stunning outlook atop the trees and nature reserve of Molonglo Valley. A modern and impressive one-bedroom apartment luxurious designer inclusions, stylish interiors, and constructed to an exacting standard by one of Canberra's most well-known and respected developers.

Offering top level inclusions, to include study Nook, walk-in-robe, in-slab heating, finger print access, basement parking, onsite gym and BBQ area. The owners also opted for a premium level of inclusions; quality SMEG appliances including SMEG washing machine and 8KG dryer.

Location amongst the foothills of Mt Stromlo you have access to stunning walking trails, Stromlo Forest bike path and all sorts of weekend scenic adventures. Soon to be new Stromlo Leisure Centre. A short drive to Cooleman Court, Coombs Shopping Centre & Denman Prospect Shopping Centre you are well position in a central area.

Features Include:
- One-bedroom apartment
- Colour scheme "Urban"
- Study Nook
- Located on level 5
- Master bedroom with ensuite and walk-in-robe
- Spacious living area
- Security intercom with remote door access
- LED Lights
- Samsung fingerprint door lock to apartments4
- Designer kitchen with Quantum Quartz stone benchtop with waterfall edge
- SMEG appliances; Oven, Cooktop, Rangehood and Dishwasher
- Ducted reverse cycle air-conditioning (5 year manufacturer warranty)
- Smeg Washing machine / 8KG dryer.
- Lockable aluminium glazed windows and sliding doors (Australian Made 7 year warranty)
- Gas hot water system
- Complex with landscaped gardens by Harris Hobbs Landscapes
- External communal BBQ area with natural gas BBQ

Particulars:
- EER: 5
- Apartment Size: 51m2 approx.
- Balcony Size: 7m2 approx.

In response to some of the Covid-19 restrictions being lifted, Luton Properties can allow up to 20 attendees inside an open home at any one time. As a result of this, there may be a slight wait to enter our properties and we ask attendees to be prepared for this and factor this into your open home schedule. We would ask that only essential people come with you to open homes to limit large groups.

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Property History for 504/566 Cotter Rd, Wright, ACT 2611

A timeline of how this property has performed in the market
  • 27 Mar 2020
    Listed for Sale $299,000+

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About Wright 2611

The size of Wright is approximately 1.3 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Wright in 2011 was 490 people. By 2016 the population was 2,751 showing a population growth of 461.4% in the area during that time. The predominant age group in Wright is 20-29 years. Households in Wright are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wright work in a professional occupation. In 2011, 46.4% of the homes in Wright were owner-occupied compared with 76.8% in 2016.

Wright has 2,016 properties. Over the last 5 years, Houses in Wright have seen a 52.28% increase in median value, while Units have seen a 28.70% increase. As at 31 October 2024:

  • The median value for Houses in Wright is $1,117,541 while the median value for Units is $520,691.
  • Houses have a median rent of $635 while Units have a median rent of $560.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Wright on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Wright.

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