Back 504/15 Bowes Street
Off Market

504/15 Bowes Street

Phillip ACT 2606

1
1
1
66 m²
Apartment
Last sold for $370,000
Adanna ObinnaAdanna Obinna, last sold this property on 12 May 2026 after 96 days on market.

Overview

High-Yield Apartment in the Heart of Woden

Discover a smart, high-performing opportunity in the heart of Woden. Positioned within the well-regarded Grand Central Towers, this contemporary one-bedroom plus study apartment delivers flexibility, lifestyle appeal, and strong rental fundamentals, ideal for investors, professionals, or first-home buyers. The intelligently designed layout offers open-plan living complemented by a separate study, perfect for working from home or enhancing tenant appeal. Natural light flows through the living space, while the modern kitchen and bathroom provide a clean, functional finish suited to low-maintenance living. Residents enjoy access to resort-style facilities, including a fully equipped gym, swimming pool, and designated entertainment area, adding everyday convenience and long-term value. Set in Phillip, the apartment is moments from the new CIT campus, Westfield Woden, Woden Interchange, and Canberra Hospital, ensuring consistent demand from students, healthcare professionals, and city workers alike. With a competitive purchase price and an estimated rental return of up to $550 per week, this property represents a compelling yield-focused opportunity of over 7% in one of Canberra's most desirable residential precincts. What We Love: - Resort-style pool, gym, and entertainment area - Dedicated study with built-in storage - Modern kitchen with premium Smeg appliances - North-facing aspect with abundant natural light - Open-plan kitchen and living area - Contemporary interiors with durable, high-quality finishes - Strong rental potential over 7% estimated yield - Secure building with smart access system - Close to public transport for easy city access - Walking distance to Woden's dining, shopping, and amenities - Secure underground parking included Key Figures: - Estimated over 7% rental Yield - EER: 6.0 - Living Area: 58m² - Balcony: 8.6m² - Level: 5 - Year Built: 2020 - Complex: Grand Central Towers - Amenities: Resort Style Pool, Gym and Entertainment - Rates: $432 per quarter (approx.) - Land Tax (Investors only): $487 per quarter (approx.) - Strata: $739 per quarter (approx.) - Rental Estimate: $520 - $550 per week for both - Floor: Carpet and Tiles - Kitchen Appliances: Smeg Disclaimer: The information contained in this advertisement has been provided by sources we believe are reliable; however, we cannot guarantee its accuracy and recommend any interested parties rely on their own enquiries.

Features

1 bedroom
1 bathroom
1 carspace
66 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 504/15 Bowes 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 504/15 Bowes Street

2026
Sold
$370,000
Private Sale/Treaty on 12 May 2026 by Adanna Obinna, of Someday Property

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, 94 one-bedroom apartments similar to 504/15 Bowes Street, have been sold.

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

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