Back 43/2 Ranken Place
Off Market

43/2 Ranken Place

Belconnen ACT 2617

2
1
2
3766 m²
Apartment
Last sold for $307,000
Liz JonesLiz Jones, last sold this property on 03 August 2015 after 34 days on market.

Overview

Investment opportunity - close to town centre

Currently rented by long standing tenants at $380 per week with a lease ending 15/1/2016. Removed from the hustle and bustle of the town centre yet still close to everything this classic 2 bedroom apartment in the well regarded "Lake View Terrace" offers an elevated position ensuring broad sweeping district and mountain views. A top floor location ensures not only views but also privacy and excellent ventilation through the large sliding doors leading to the full-width easterly facing covered terrace. A separate entry foyer leads to the light-filled open plan living area. The kitchen with raised countertop is ideal for entertaining and is well equipped with dishwasher, generous bench and cupboard space. Both bedrooms are spacious with built-in robes and enjoy a tranquil outlook. There is a good sized linen cupboard. A reverse cycle heating and cooling unit in the lounge room provides climate control all year. With approximately 76 m2 of living there is contemporary decor with neutral paintwork and carpet throughout. There are two secure carparks side by side and an abundance of visitor parking at the front of the unit. An intercom at the entrance provides additional security. "Lake View Terrace" enjoys a strategic location with easy access to Lake Ginninderra and the Westfield Precinct. The University of Canberra, the AIS and recreational facilities, as well as good transport routes to the city by car or bus, are all close by. It is also an easy walk to local restaurants. Features include: • 2 bedroom unit • Two 'side by side' secure car spaces and abundant visitor car parking • Full width covered balcony with easterly orientation • Light-filled open plan living and dining area • Well-equipped kitchen with dishwasher • Heating and cooling unit in living area • Two good sized bedrooms with built-in robes • Approximately 75m² of living • Contemporary decor throughout • Intercom at front entrance • Close to the University of Canberra , Lake Ginninderra and restaurants • A short walk to Belconnen Mall and bus routes • Rented at $380 per week until 15/1/16 • Body corporate per quarter approx $628.20 EER: 5.5 Land Value:$7,348,000 Land Rates: $1169.68 pa (approx.) Body Corporate: $628.20 (approx.)

Features

2 bedrooms
1 bathroom
2 carspaces
3766 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Belconnen over the last 12 months, the estimated median property value of 43/2 Ranken Place is $515k.

Median value
$515k
Estimated value range
$401.405 - $870k
Median days on market
56
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Belconnen. 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 43/2 Ranken Place

2015
Sold
$307,000
Private Sale/Treaty on 03 Aug 2015 by Liz Jones, of Luton Properties - Kippax

Happy sellers in Belconnen

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

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

This is based on voluntary sentiment collected from 98 reviews in Belconnen over the last 12 months.

Local market activity for 2 bedroom apartments in Belconnen

In the last 12 months, 107 two-bedroom apartments similar to 43/2 Ranken Place, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

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