Back 56/566 Cotter Road
Off Market

56/566 Cotter Road

Wright ACT 2611

1
1
1
Apartment
Tim RussellTim Russell, last sold this property on 01 April 2025 after 46 days on market.

Overview

Modern & Stylish 1-Bedroom Apartment in Prime Location

Nestled in the heart of the Molonglo Valley, this beautifully maintained one-bedroom, one-bathroom apartment presents an incredible opportunity for first-home buyers and investors alike. Offering a modern, low-maintenance lifestyle, this stylish residence is designed for comfort, convenience, and effortless living. A spacious open-plan living area that flows seamlessly onto a generous balcony, perfect for entertaining, relaxing, or soaking in the breathtaking views. The sleek kitchen features high-quality SMEG appliances, stone benchtops, and ample storage, catering to home cooks and entertainers alike. The bedroom is generous and includes built-in storage, providing a comfortable and functional retreat. Designed for energy efficiency, this home features double-glazed windows, ensuring excellent insulation and year-round comfort. Reverse cycle heating and cooling allow you to stay cozy in winter and cool in summer. Secure parking is included, along with a lock-up storage cage for added convenience. You can also enjoy an open-air communal space with a barbecue area, perfect for social gatherings. Ideally located, this apartment offers unparalleled access to key amenities, including shopping centres, medical facilities, gyms, schools, and the Molonglo Aquatic Centre, Stromlo Forrest Park, and Cooleman Court shopping centre at Weston. With excellent transport connections to the City via the Tuggeranong Parkway and Belconnen via John Gorton Drive, commuting is quick and convenient. Don't miss this fantastic opportunity to secure a modern home in one of Canberra's fastest-growing suburbs. Looking to call Wright home? Please speak with Tim Russell at 0416 087 834, Jackson White-Brettell at 0421 479 375 or Gabriel Mihaelidis 0428 068 801 for further information or a private inspection. Features include: Spacious bedroom Ceiling fans in both the lounge and bedroom Breathtaking views offering a stunning backdrop to everyday living Moments from Stromlo Forest Park-perfect for outdoor enthusiasts Convenient access to Weston Creek, the city, and Belconnen Secure garage parking for peace of mind and added convenience Rates: $1,568.06 pa approx Land Tax: $1,915.60 pa approx Body Corporate: $3,028 pa approx EER: 6.0 All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Wright over the last 12 months, the estimated median property value of 56/566 Cotter Road is $392.5k.

Median value
$392.5k
Estimated value range
$345k - $410k
Median days on market
71
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Wright. 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 56/566 Cotter Road

2025
Sold
Undisclosed
01 Apr 2025 by Tim Russell, of LJ Hooker Kaleen
2024
Rented
Undisclosed
Leased on 26 Feb 2024 by Morrell Property

Happy sellers in Wright

59%
59% of sellers in Wright reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Wright over the last 12 months.

Local market activity for 1 bedroom apartments in Wright

In the last 12 months, 15 one-bedroom apartments similar to 56/566 Cotter Road, have been sold.

This represents a 37% increase in one-bedroom apartments sales when compared to the previous 12 months.

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