137/11 Giles Street, Griffith, ACT 2603

Cheapest 3 Bedroom Apartment Sales in Griffith in the last 12 months:
15/05/2023 102/13 Sturt Avenue $770,000
06/07/2023 8/5 Hely Street $840,000
06/12/2023 14/111 Canberra Avenue $850,000
11/12/2023 8/6 Cunningham Street $855,000
05/07/2023 67/18 Leichhardt Street $861,000
25/07/2023 4/5 Hely Street $905,000

Located on the first floor and flanked by two balconies, this spacious three-bedroom apartment is ideal for an owner occupier or an investor. It is situated on Giles Street and therefore halfway between Kingston Shops and Manuka. This means it is also within walking distance to the Parliamentary Triangle, Lake Burley Griffin, the Kingston Foreshore and a range of great local schools. This location is unmatched when considering the lifestyle options the Inner South offers.

Stepping inside you will be impressed by the functional floorplan that offers light on both sides, two bedrooms are separated by the bathroom and the other is separated on the other side of the property. The kitchen has great storage and the living area that flows perfectly onto the large balcony. The property is flooded with natural light and has views over Giles Street.

This property is perfect for an owner occupier looking to enjoy the local lifestyle and amenities or an investor looking to secure a high rate of return. The property should rent for $600 per week unfurnished, $650 per week furnished or even higher if rented out on a short-term basis which is allowed under the body corporate rules.

In Summary:
• Flooded with natural light
• Great location, walking distance to Parliamentary Triangle, Manuka, Kingston and Lake Burley Griffin
• Renovated kitchen and vinyl flooring
• Indoor pool & outdoor pool
• Fantastic investment opportunity with a high rate of return
• 77m2 of internal area + 17m2 of balcony

Figure Summary (all approx.)
• Built: 1999
• Body Corporate: $2089 (p.q)
• General Rates: $733 (p.q.)
• Water & Sewerage: 175.00 (p.q.)
• Land Tax (if rented): $939 (p.q)