Sold
Auction - Sold Prior - $550,000
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103/20 Federal Highway, Watson ACT 2602

Apartment2225.0
Apartment size: 94 m² approx.UV: $7,200,000 (2021)
Can I afford this property?

Peacefully located and with views of green. Buyers Price Guide: From $525,000

Situated at the end of the development and in a quiet location away from the roads is this very spacious 2 bedroom ensuite apartment. Providing not only an excellent opportunity to live in the desirable inner north and only a short drive to the City, this apartment also features an excellent floor plan providing an open feel across two living spaces, with plenty of cross ventilation allowing fresh air throughout.

The two spacious living areas are smoothly integrated with the modern kitchen with stone bench tops, stainless steel appliances including a dishwasher and loads of bench space. There is plenty of room for separate living spaces plus the furniture you choose can create zones for your lounge room and dining room with plenty of space left over for a study.

Cool off during the summer months and enjoy some time outside as the development features a pool, playground, loads of open garden areas as well as numerous visitor parks for when your friends drop by. Don't forget, the City is less than a 15min drive or tram ride away so you will be able to spend less time in transit & more time enjoying this tranquil area.

Features:
- North/east orientation
- Light, bright, and airy
- Located at the end of the development
- Very private and looking out to established trees
- Large floor plan with 2 separate living areas
- Timber look, laminate floating floors throughout living areas and bedrooms
- Modern kitchen with stone benchtops and stainless steel appliances including updated induction cooktop and dishwasher
- 2 spacious bedrooms each with built in robes
- Main bedroom has an ensuite whilst the second bedroom has access to the main bathroom complete with bath/shower combo and the laundry with dryer
- Block out curtains plus blinds to the bedrooms
- Fully covered balcony
- Reverse cycle air conditioner (electric heating and cooling)
- Freshly painted
- 2 basement car spaces with internal access via the enclosed stairwell (not all units offer this)
- Numerous on site visitor car parks
- Outdoor swimming pool, children's playground and picnic area
- Available with vacant possession
- Flexible settlement dates
- Early access prior to settlement available
- Pets welcome (subject to body corporate notification)
- Pre auction offers considered

The location:
- A short drive to the city or a short cycle along bike paths
- A 15min walk to the tram
- Close to both the trendy Watson shops and the soon to be rejuvenated Dickson shops

The Numbers:
- Unit size: 94m2
- Balcony size: 7m2
- EER: 5 stars
- Age of unit: 19 years (built 2003)
- General Rates: $1,660 p.a.
- Water & sewerage rates: $670 p.a.
- Land Tax (investors only): $1,939 p.a.
- Body corporate levies: $4,977 p.a.
- Rental Potential: $520/week
- Current total balance of the Admin & Sinking funds: $518,736
- Units Plan 2264 with 140 units, managed by Grady Strata

To help buyers, we offer the following as part of our Friendly Auction System:
- Written and verbal buyer price guides, which are updated throughout the campaign.
- A digital brochure with everything to consider a purchase, including the full contract and bidding strategy video.
- We refer a solicitor who can review the contract prior to auction for FREE.
- Same solicitor can provide a FREE Section 17 Certificate to waiver the cooling off if you want to submit a pre-auction offer.
- Pre-auction bidding strategy meeting with auctioneer to discuss the process and establish your gameplan.
Features
  • Allocated Car Spaces

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mark Larmer And Aaron Lewis to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Auction

Friday 29 April, 10:00am
On site

Key details

Property Type:Apartment
Block:14
Section:61
Apartment Size:94 *
Unimproved Value:$7,200,000 (2021)
Rates (Residential):$29,498*
Rates (Commercial):$233,423*
Rates (Rural):$7,364*
Land Tax (Residential):$50,005*
*These are approximate values based on available information.
Independent Our Team

Maps and area information

Land Details
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Block information
Block 14 Section 61 Watson
Unimproved value: $7,200,000 (2021)
Legal description: CANB/WATS/61/14
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Majura PrimaryPrimary School
1.1km
Lyneham HighHigh School
3.5km
Calvary Private HospitalHospital
6.6km
The MarketplaceMajor Shopping Centre
5.2km
University Of CanberraUniversity
6.5km
Dickson CollegeCollege
2.2km
Watson Post OfficePost Office
1.2km
Aust. Defence AcademyTafe
6.6km

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
28 Apr 2022
Sold at auction
Independent Our Team
$550,000
Contract: 28/04/2022
Listed: 07/04/2022
Days on market: 21
Transfer type: Full transfer
07 Sep 2018
Sold
LJ Hooker Kippax
$322,000
Contract: 03/07/2018
Transfer: 07/09/2018
Listed: 05/04/2018
Days on market: 89
Block size: 20536m²
Transfer type: Partical transfer
Purpose: Multi unit development (residential)
15 Jul 2015
Sold
McGrath Canberra
$328,000
Contract: 04/06/2015
Transfer: 15/07/2015
Listed: 08/05/2015
Days on market: 27
Block size: 20536m²
Transfer type: Full transfer
Purpose: Multi unit development (residential)
20 Apr 2011
Sold
$390,000
Contract: 07/03/2011
Transfer: 20/04/2011
Block size: 20536m²
Transfer type: Full transfer
Purpose: Multi unit development (residential)
04 Mar 2011
Sold
Independent Gungahlin
$390,000
Contract: 04/03/2011
Listed: 10/02/2011
Days on market: 22
Block size: 20536m²
Transfer type: Full transfer

Suburb and property insights

About Watson

The two Canberra suburbs where house prices skyrocketed by 50 per cent
Median salesUnimproved value for 103/20 Federal Highway
Median Sale Price For Watson
$887,500
Average Age
35 years
Population
5,862
Watson's Property Profile
Watson's Occupancy

Contact agents

Independent Our Team

Independent Our Team

View agency details
Mark Larmer And Aaron LewisIndependent Our Team
Jason El-KhouryIndependent Our Team
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Listing ID: 180523328. This listing has been viewed 1831 times. It was first displayed on 07/04/2022 and last updated on 16/05/2022.