Back 15/47 McMillan Cres
Off Market

15/47 McMillan Cres

Griffith ACT 2603

1
1
1
Apartment
James CarterJames Carter, last sold this property on 17 July 2020 after 302 days on market.

Overview

Fantastic Inner South Opportunity

Due to COVID019, Carter + Co have altered our procedures, as our clients and staff health are our number 1 priority. Only qualified buyers will have the opportunity to view properties, and this will be done by private inspection. To qualify for a private inspection, you must have; pre-approved finance, have studied the photos and text closely & have driven past the property to ensure it meets your location requirements. We appreciate everyones patience and understanding during this time. Conveniently located in the McMillan Gardens complex, this one-bedroom apartment presents a fantastic opportunity for the astute investor looking to capitalise on strong rental returns. The apartment showcases a practical floorplan, with the kitchen overlooking the combined living and dining area. The kitchen is equipped with gas cooking and ample bench and pantry space. The sizeable bedroom, which adjoins the bathroom, has full height built-in-robes, and an additional alcove which is perfect as a study nook. Additional features include a fronting balcony with a leafy outlook, a European laundry and a storage cage. The property is currently rented out fully furnished on a six month lease, yielding $380 per week. The lease is due to expire in June 2020. Situated within close proximity to Manuka Village, Kingston Shops and the Parliamentary Triangle, the location of McMillan Gardens is unsurpassed. Features: - Furniture can can be included - 1-bedroom, 1-bathroom apartment - Full-height built-in-robes and study nook in bedroom - Open plan living and dining area - Floor-to-ceiling windows - Large kitchen with ample bench and pantry space - Electric cooktop - Split system unit - European laundry - Fronting balcony - Storage unit - Visitor parking - In-ground pool within complex - DA approved upgrades to balcony and façade Statistics: EER: 1 star Internal Size: 53m2 (approx.) Balcony Sizes: 19m2 (approx.) Rates: $1,607.29 per annum (approx.) Land Tax: $1,883.24 per annum (approx.) Body Corporate: $942.48 per quarter (approx.) Car: Single carport

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Griffith over the last 12 months, the estimated median property value of 15/47 McMillan Cres is $500k.

Median value
$500k
Estimated value range
$220k - $700k
Median days on market
86
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Griffith. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15/47 McMillan Cres

2024
Rented
Undisclosed
Leased on 04 Dec 2024 by Hawk Real Estate Agents
2024
Rented
Undisclosed
Leased on 30 Oct 2024 by Hawk Real Estate Agents
2020
Sold
Undisclosed
Private Sale/Treaty on 17 Jul 2020 by James Carter, of Carter and Co Agents

Happy sellers in Griffith

79%
79% of sellers in Griffith reported that their sale price either exceeded or met their price expectations.

Griffith stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Griffith over the last 12 months.

Local market activity for 1 bedroom apartments in Griffith

In the last 12 months, 28 one-bedroom apartments similar to 15/47 McMillan Cres, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

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