33/47 Mcmillan Cres, Griffith is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in July 2003.
My new owners will love my: - High-performing investment rental yield of 6.67% - Proven Airbnb short-stay appeal - perfect for interstate owners - Light-filled, low-maintenance design with private terrace - Fully renovated outdoor pool located directly in front of the apartment - Highly sought-after ground-floor position with direct external access - Secure, well-maintained complex in the heart of Griffith - Walking distance to Griffith Shops and Fyshwick Markets - Stylish kitchen with integrated appliances and excellent functionality - Extremely low-maintenance, quick and easy to clean - ideal for owner-occupiers or investorsWhether you're looking to replace rent with ownership, enjoy a Canberra base of your own, or secure an apartment that can generate income when not in use, this studio offers a rare blend of convenience, presentation, and profitability. Owning provides long-term stability, control over your living environment, and the ability to build equity-while still retaining strong income potential through short- or long-term leasing. Its proven short-stay appeal, low upkeep, and excellent presentation make it a standout offering in this price bracket.Step inside 33 McMillian Gardens and you'll find a cleverly designed studio apartment that blends modern style with practical functionality. Recently updated with fresh finishes, new flooring, and integrated kitchen appliances, the apartment is ready for immediate enjoyment or rental.The open-plan layout flows effortlessly onto a private terrace, ideal for a morning coffee or unwinding after a busy day. With reverse-cycle air conditioning, ample power points including USB ports, and a fully renovated outdoor pool at your doorstep, the apartment delivers comfort, convenience, and effortless living.Positioned in one of Canberra's most desirable Inner South streets, the apartment is part of a solid, well-maintained 1960s complex. Residents enjoy easy, stress-free parking access with numerous visitor parking spaces, and the body corporate is in the process of approving leased car spaces for a small additional quarterly fee. The ground-floor position with direct external access makes coming and going simple, while the leafy surrounds create a peaceful urban retreat.Located just moments from Manuka and Kingston, as well as Lake Burley Griffin, this studio offers unbeatable convenience. Cafs, restaurants, public transport, and recreational options are all within easy reach, making it perfect for both lifestyle buyers and investors looking for a high-demand location.Due to the size of the apartment, a specialist financing approach is required - please contact the agent to discuss further.Sales Specifics:Rental estimate: $430 - $450 p/w (approx.)Living size: 25m (approx.)Carport and shed: 9m (approx.)Year built: 1960 (approx.)EER: 6 starsBody Corp: $1,218 p.q. (approx.)Disclaimer My Morris make all efforts to provide correct information on this listing. We cannot accept responsibility and disclaim all liabilities in regards to any errors contained in this advertisement. All parties must inspect and rely on their own investigations to validate the information provided.
The size of Griffith is approximately 2.8 square kilometres. It has 19 parks covering nearly 18.3% of 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 3,810 properties. Over the last 5 years, Houses in Griffith have seen a 38.42% increase in median value, while Units have seen a 20.57% increase. As at 31 January 2026:
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