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21/2 Ranken Place, Belconnen ACT 2617

Block size: 3766 m² approx.On floor: 1 of 2


Priced at only $250,000 +, this Willemsen designed apartment is one of the cheapest properties for sale currently in the greater Belconnen region!  

This property is the personification of a 'set and forget' investment. The appealing combination of low outgoings, a secure long term tenant and quality construction with a great energy rating means investors will delight in the positive returns from this tidy little investment property.

First home buyers have plenty to appreciate here too! Located right in the heart of the Belconnen Town Centre, this apartment is walking distance to everything you need to live a good life. Gyms, restaurants, Westfield Shopping Centre and Lake Ginninderra all sit right on your doorstep.

The apartment itself is a large ground floor one bedroom apartment spread over 60m2, with the open plan lounge and dining room flowing out to the rear courtyard. The kitchen includes electric cooking and a stainless steel dishwasher as well as plenty of bench and cupboard space. The combined bathroom and laundry have been recently updated with a new vanity.

A single secure car space is located under the building. For a building built in 1992, the energy rating of 4.5 stars is high for it's time and makes the property very cheap to heat and cool.

The price is not a misprint; my sellers have placed me under strict instructions to get this property SOLD! Be sure to book your private inspection and see for yourself the quality Real Estate opportunity on offer.

Features Include:
- Ground floor position
- South west orientation
- Classic 'Willemsen' design complex
- Kitchen with electric cooking and dishwasher
- Updated bathroom with new vanity
- Large open plan lounge and dining room
- Bedroom fitted with built in wardrobe
- Single secure car space
- Great location right in the Belconnen Town Centre
- Secure long term tenants paying $360 per week!

House Size: 60m2
Courtyard: 5m2
Secure Car Space: 14m2
Built: 1992
Rates: $1330 pa
Land Tax (If Rented): $1390 pa
Body Corporate: $2295 pa inc. sinking fund
Rental Appraisal: $360 - $380 per week
EER: 4.5
*All figures are approximate

  • Property Type: Apartment legal Details: Energy Efficiency Rating: 4.5
Can I afford this property?

When to inspect

Saturday, 18 Jul
12:30 PM - 1:00 PM

Key details

Property Type:Apartment
Block Size:3766 *
Floor:1 of 2
*These are approximate values based on available information.

Past sales

Property History
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Carter and Co Agents
Next Inspection:
Sat 18 Jul,
12:30 PM

Maps and area information

Land Details
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Block information
Block size: 3766 (approx)
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Measurements are estimates only and based on data provided under licence from © PSMA Australia 2020.
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What's nearby

Florey PrimaryPrimary School
Canberra High SchoolHigh School
Calvary Private HospitalHospital
Belconnen MallMajor Shopping Centre
University Of CanberraUniversity
Lake Ginninderra CollegeCollege
Belconnen Post OfficePost Office
Aust. Defence AcademyTafe

Repayments calculator


            $ - / month*

            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
            12 Sep 2016
            LJ Hooker Canberra City
            Contract: 12/09/2016
            Listed: 16/10/2014
            Days on market: 697
            Transfer type: Full transfer
            09 Aug 2001
            Contract: 20/03/2001
            Transfer: 09/08/2001
            Block size: 3766m²
            Transfer type: Full transfer
            Purpose: Multiple unit dwelling
            27 Aug 1993
            Contract: 27/08/1993
            Transfer: 27/08/1993
            Block size: 3766m²
            Transfer type: Full transfer
            Purpose: Multiple unit dwelling

            Suburb and property insights

            Median salesMedian sales
            Median Sale Price For Belconnen
            Average Age
            30 years
            Belconnen's Property Profile
            Belconnen's Occupancy

            Contact agents

            Carter and Co Agents

            Carter and Co Agents

            Licensed Agent & REIACT Member
            View agency details
            Johnathan DavisCarter and Co Agents
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            Listing ID: 176548712. This listing has been viewed 5043 times. It was first displayed on 01/05/2020 and last updated on 14/07/2020.