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Back 502/1 Corinna Street
Off Market

502/1 Corinna Street

Phillip ACT 2606

1
1
1
69 m²
Apartment
Last sold for $440,000
Nick BrearleyNick Brearley, last sold this property on 10 February 2025 after 39 days on market.

Overview

Brand new vacant apartment ready to move in now

Introducing a brand new one-bedroom apartment in the highly anticipated 'Melrose' development by Doma. Be among the first to enjoy living in one of the best developments in town. This thoughtfully designed apartment features industrial chic and modern elegance throughout the home. Enjoy a practical floorplan with a spacious bedroom which also includes a stylish walk-in wardrobe with mirrored doors. With soaring 2.7m high ceilings in the living area, a well-equipped kitchen with premium Smeg appliances and stone bench tops, combined with a laundry room that includes a Haier washing machine and dryer for your convenience, this property has everything you need to get your foot in the property market. Perfect for first home buyers, investors and potential downsizers entering the market. With double-glazed windows and a fully ducted heating and cooling system, this apartment achieves an impressive EER rating of 7.3 ensuring your comfort year-round. Residents of The Melrose enjoy an exceptional lifestyle with an array of on-site amenities, including a 25-metre heated lap pool, a podium-level exercise lawn, beautifully landscaped gardens, and a state-of-the-art 'TechnoGym'. Perfectly situated in a sought-after area known for strong rental yield potential, this location is conveniently close to upcoming infrastructures such as the proposed Light Rail Stage 2 Station, New CIT, and an upgraded Canberra Hospital, along with the revitalisation of the Woden Hellenic Club. Westfield, government departments, and a vibrant selection of cafes and restaurants are just steps from your door. Anticipated for completion late 2024. For more information, please contact Nick Brearley on 0408 972 287. Key Features: - Timber laminate flooring throughout kitchen, dining and living. - 100% loop pile wool carpets in bedrooms. - Video intercom. - Reconstituted stone kitchen benchtops and splashback. - SMEG appliances. - Ducted reverse-cycle heating and cooling. - Double glazed windows. - Secure car space and storage unit -Walk in wardrobe Developer: DOMA Group Builder: BLOC Body Corporate (Approx):1st year $2,084.73, 2nd year $2,229.73 Rates (Approx):$1,549 pa Land Tax (Approx):$1,852pa Estimated rental return: $455-$470 Per week Internal Size:57m2 External Size (Balcony):12m2 Total Size:69m2 Disclaimer:Colliers does not guarantee, warrant, or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own enquiries as to the accuracy of the information. Colliers excludes all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.

Features

1 bedroom
1 bathroom
1 carspace
69 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Phillip over the last 12 months, the estimated median property value of 502/1 Corinna Street is $400k.

Median value
$400k
Estimated value range
$300k - $619.9k
Median days on market
56
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phillip. 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 502/1 Corinna Street

2025
Sold
$440,000
Private Sale/Treaty on 10 Feb 2025 by Nick Brearley, of Colliers International - Canberra

Happy sellers in Phillip

84%
84% of sellers in Phillip reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 92 reviews in Phillip over the last 12 months.

Local market activity for 1 bedroom apartments in Phillip

In the last 12 months, 95 one-bedroom apartments similar to 502/1 Corinna Street, have been sold.

This represents a 6% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Phillip

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Nicholas Jacob

Sellers who recommend Nicholas Jacob have praised them for being clear communication, local expert, honest, supportive, responsive, friendly and pleasant

  •   5   (109 reviews)
  •  17 Reviews in Phillip
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Tyran Murphy

Sellers who recommend Tyran Murphy have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and pleasant

  •   5   (171 reviews)
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Mandeep Singh

Sellers who recommend Mandeep Singh have praised them for being local expert, clear communication, reliable, honest, responsive, dedicated and friendly

  •   4.9   (111 reviews)
  •  5 Reviews in Phillip
  •  7 Sales in Phillip
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Lauren Laing

Lauren Laing is a recommended agent for Phillip.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (284 reviews)
  •  5 Reviews in Phillip
  •  6 Sales in Phillip
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