28/1 Buik Place Belconnen ACT 2617
Under Contract

DESCRIPTION

Phone enquiries - please quote property ID 34445.

This apartment offers your quintessential modern style of living in the heart of Belconnen. Please take a virtual walk-through of the apartment through the YouTube video provided in the listing.

Since we purchased this property in 2016 for $285,000, it is pleasing to see that its value has increased significantly. Median house price for two bedroom units as sourced by realestate dot com for /unit-28-1-buik-pl-belconnen-act-2617/ for this apartment is $525,000. Its value is increasing and will continue to do so. If you look at other apartments on the same street you will find similar statistics, making this an excellent investment opportunity as the following recent sales of two bedroom apartments on the same street show :

11/2 Buik Place, Belconnen, ACT 2617, 66m², $458,000, Sold on 23 Aug 2022

16/2 Buik Place, Belconnen, ACT 2617, $450,000, Sold on 12 Jul 2022

9/2 Buik Place, Belconnen, ACT 2617, $385,000, Sold on 10 Sep 2021

3/2 Buik Place, Belconnen, ACT 2617, $354,000, Sold on 31 Oct 2019

18/1 Buik Place, Belconnen, ACT 2617, 68m², $345,000, Sold on 07 Aug 2019

The price is calculated based on the recent sales, the coveted Belconnen postcode and its unique location in the Belconnen city. It provides a footing into the full city lifestyle, gyms, cafes, restaurants, shopping centres, fresh food market, major retailers, hospitals / medical facilities, service centres, fire/ambulance, walking distance to one of Canberra's main transportation hubs and a beautiful lake and much more. Although situated in a bustling city, it is located among a native garden, away from the hustle and bustle of traffic noise, overshadowed or overcast by skyscraping buildings which can stifle basic access to fresh air and sunlight.

This apartment also boasts many unique aspects you cannot find in the area such as its Northerly orientation: flooding the apartment with warmth and beautiful shades of light for that quiet enjoyment of a home. It has a height advantage to provide amazing views of greenery, without the loss of privacy. Surrounded by pleasant native gardens, there is room for a small garden of your own. This is a rarity and difficult to find anything like it, particularly its Belconnen City location.

If you are looking for an investment property, then this apartment is perfect and mortgage friendly. We found it easy to rent with a selection from a wide range of interested renters to pick from. While renting the apartment, the apartment paid for itself while we had a mortgage on it. This cannot be understated. Also it was built to last, it is solid and has proven to be maintenance free and cost effective when renting. You can see it is still in excellent condition for resale, while newer apartments are not aging as well and tend to lose value with time.

Thank you for your interest in the property.

• EER: 5.5 stars
• Living area: 66.5m²
• Balcony 4m2
• Total size: 70.5m2
• Strata levies: $1,554 p.a.
• General rates: $1,845 p.a.
• Water & sewerage rates: $560.00 p.a.
• Land tax (investors only): $2,483 p.a.
• Rental estimate: $520/week
• nbn® availability: nbn® Fibre to the Curb (FTTC)

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.