New price
$439,000 - $489,000
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107/11 Giles Street, Griffith ACT 2603

Apartment
2116.0
Block size: 4148 m² approx.

High Yeilding, Blue Chip Investment

Discover a lucrative investment in the heart of Griffith with this stylish two-bedroom apartment. Situated amidst the cafés restaurants and shopping boutiques of Manuka and Kingston, and in proximity to government departments. This property offers both prime location and enduring value.

The modern interior features 2 bedrooms, both with built in robes, a well-appointed kitchen, open-plan living, and a private balcony as well as a leafy courtyard. The complex's well-maintained facilities, including indoor and outdoor pools, a spa, sauna, BBQ area, and lush gardens, enhance the overall appeal.

This investment opportunity, currently on a long term lease to Adina serviced apartments, guarantees an annual rental return $28,218.96 gross, reviewed yearly, until Dec 2025. Don't miss this chance for a hassle-free investment, providing both immediate returns and long-term stability in a highly sought-after locale.

Features:
- Fantastic Inner-South location between Manuka and Kingston
- Close to an array of government departments
- Exceptional investment opportunity with effortless guaranteed income
- Lease agreement through Adina until Dec 2025
- Two bedrooms, both with built-in-robes
- Modern kitchen with stone benches and stainless steel appliances
- Open-plan lounge and dining
- Front courtyard
- Balcony
- Stunning well-appointed bathroom with combined laundry
- Beautifully kept complex with indoor and outdoor pool, spa, sauna, BBQ area, and mature gardens
- A rare and exciting opportunity for guaranteed income in a highly sought-after locale
- Guaranteed rental return of over $28,218.96 gross per year
Features
  • Air Conditioning
  • Liveability
  • Swimming Pool
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast

Inspections

No open inspections scheduled.

Send an enquiry

Contact Luzian Borst to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
4148 *
EER:
6

Other Details

Block:
18
Section:
14
Legal description:
CANB/GRIF/14/18
nbn® availability:
nbn® Fibre to the Building (FTTB)
LJ Hooker Manuka

Maps and area information

Land Details
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Block information
Block 18 Section 14 Griffith
Block size: 4148 (approx)
Legal description: CANB/GRIF/14/18
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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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.

Nearby sales

Looking to compare sales prices?

We found 50 apartments with 2 bedrooms that just sold near 107/11 Giles Street Griffith

What's nearby

Telopea Primary SchoolPrimary School
0.6km
Telopea High SchoolHigh School
0.6km
The Canberra HospitalHospital
4.5km
Canberra CentreMajor Shopping Centre
4.2km
Australian National UniversityUniversity
4.6km
St Edmund's CollegeCollege
0.8km
Manuka Post OfficePost Office
0.5km
Canberra Institute Of TechnologyTafe
2.1km

Property history

We couldn't find any history for this property.
See Griffith's suburb profile

Griffith suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
5,328
Listing ID: 182356221. This listing has been viewed 2092 times. It was first displayed on 07/03/2024 and last updated on 20/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.