147/11 Giles St, Griffith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 4148m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
INVESTORS ONLY - FIXED LEASE TILL 2025 - HIGH YIELDING
Fixed lease till 2025.
A brilliant property sure to be of interest to astute investors, and those with the strict criteria of only buying superbly located and well credentialed property with guaranteed cashflow - this is a rare opportunity not to be missed.
Available for inspection by appointment only
Two bedroom unit. 63 m2 Living and 13 m2 Balcony
Negative gearing opportunity for astute investor
Gross rental yield in excess of 5%; rents paid monthly
Long term lease guaranteeing income until December 2025
Mid-life full upgrade recently completed
Part of the Adina apartment complex providing hassle-free management
Potential for either owner-occupation or lease renewal (at end of current lease)
Pool and Gymnasium facilities
Griffith is superbly located; right on the fringe of the Parliamentary Triangle
Body Corp Strata: $1,462pa (sinking fund only payable)
Land Tax: $2,750.05
Rates: $1,973 pa
2018/2019 rental income: $23,523
In accordance with government restrictions, the number of attendees at our open homes is limited. Please register your interest with the listing agent to view the property during the advertised open home time. If you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled recently, we ask that you be respectful of the well-being of others and not attend the open home or auction.
The size of Griffith is approximately 2.8 square kilometres. There are 19 parks, covering nearly 18.3% of the total area. The population of Griffith in 2016 was 4575 people. By 2021 the population was 5328 showing a population growth of 16.5% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation.In 2021, 57.20% of the homes in Griffith were owner-occupied compared with 53.00% in 2016.
Griffith has 3,796 properties. Over the last 5 years, Houses in Griffith have seen a 15.74% increase in median value, while Units have seen a 17.11% increase. As at 30 June 2026:
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