Back 4/1 Garran Place
Off Market

4/1 Garran Place

Garran ACT 2605

2
1
1
97 m²
Apartment
Last sold for $400,000
Chris WilsonChris Wilson, last sold this property on 17 September 2024 after 33 days on market.

Overview

Spacious Apartment with Expansive Balcony & Views

Located in a sought-after suburb in the heart of Woden, this refreshed 2-bedroom, 1-bathroom apartment in ‘The Terrace’ development offers a blend of comfort and convenience, with outstanding views! Ideal for first-home buyers, downsizers, or investors, you will be located just meters from the Garran shopping precinct, Canberra Hospital, and the coveted public schooling option of Garran Primary School - all essential amenities at your doorstep. The open-plan living area seamlessly extends to an enormous balcony, perfect for entertaining or relaxing while soaking in the unrivalled views of the Brindabellas and adding a picturesque touch to your everyday living. Recent updates, including new carpet, blinds, and a fresh coat of paint, ensure the apartment is move-in ready. The main bedroom boasts a new mirrored built-in robe, balcony access through large sliding doors, and excellent views of Woden and out to the Brindabellas, while the sunlit second bedroom offers tree top views of Red Hill Reserve. The well-appointed kitchen is flooded with morning sunlight and features a gas cooktop, electric oven and new flooring. A spacious bathroom with a walk-in shower and integrated laundry facilities adds to the apartment's practicality, with the package completed by an undercover carport providing parking out of the elements. A balcony this size needs to be seen to be appreciated, while the location and price point are a combination rarely encountered. Do not miss your opportunity to purchase this excellent offering, enquire today to register your interest. • Enormous balcony with breathtaking views of the Brindabellas • Sought after location in the heart of Woden • Open plan living that extends indoor to outdoor living seamlessly • Recently painted and new carpet throughout • New blinds throughout • Main bedroom with new mirrored BIR, balcony access through large sliding doors and excellent views to the Brindabellas over Woden. • Second bedroom flooded with morning sun with new BIR and views of Red Hill reserve • Spacious bathroom with walk in shower and laundry facilities • Spacious kitchen with gas cook top and electric oven, new flooring and flooded with natural light • Large carport under the building • Very close to Garran Shopping Precinct with cafes, supermarket and more • Excellent public schooling option in Garran Primary • Very close to Canberra Hospital Apartment Size: 61m2 (approx.) Balcony Size: 36m2 (approx.) Year of Construction: Circa 1970 EER: 2.5 Outgoings: General Rates: $799 p/qtr (approx.) Land Tax (investors): $1,208 p/qtr (approx.) Body Corp Levies: $1,732 p/qtr (approx.) Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
97 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Garran over the last 12 months, the estimated median property value of 4/1 Garran Place is $425k.

Median value
$425k
Estimated value range
$401k - $675k
Median days on market
44
Estimated value trend
-31%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Garran. 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 4/1 Garran Place

2024
Sold
$400,000
17 Sep 2024 by Chris Wilson, of Cream Residential

Happy sellers in Garran

88%
88% of sellers in Garran reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 24 reviews in Garran over the last 12 months.

Local market activity for 2 bedroom apartments in Garran

In the last 12 months, 7 two-bedroom apartments similar to 4/1 Garran Place, have been sold.

This represents a 16% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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