43/11 Giles StreetGriffith ACT 2603
Property Details for 43/11 Giles St, Griffith
43/11 Giles St, Griffith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 4148m2 and floor size of 63m2.
Last Listing description (May 2017)
Part of the Medina Complex in Griffith/Kingston, this delightful two bedroom apartment offers a guaranteed income. Suitable for investors only, the property is leased to TFE Hotels for most of a 10 year contract. Unlike most rental properties, the finding of tenants and making repairs is not the concern of the owner as this is all managed by Medina. Over the past year Medina have had a 92% occupancy rate, however, regardless you receive a guaranteed rental income. Please call me on 0419 208 244 to make an appointment to inspect.
Combining space, style and location in one perfect package, this renovated apartment includes light-filled living and dining area flowing to the balcony with a north to north easterly aspect and leafy outlook. The newly renovated kitchen includes stone benches and quality appliances. There are two bedrooms and fully renovated spacious bathroom with laundry facilities.
The complex is beautifully maintained with lush internal gardens, outdoor and indoor swimming pools and plenty of car accommodation.
Income: Currently $23,304.00 pa (approx.)
Outgoings: Annual Body Corporate Fees (including Sinking Fund) $6,901.76 pa (approx.)
Medina pay the Administration Fund portion of the Body Corporate Fees
which is $3,903.36 leaving a total of $2,998.40 pa (approx.)
Rates $1,444.94 pa (approx.)
Water Rates $630.36 pa (approx.)
Land Tax $1,596.00 pa (approx.)
Apartment Size: 63m2 (approx.) plus balcony 13m2
Features:
Two bedroom apartment managed by Medina
Light-filled living and dining area
Fully renovated kitchen with stone benches, Fisher & Paykel electric oven, cooktop, dishwasher and Westinghouse fridge
Two bedrooms, one with built-in wardrobe, the second with free standing cupboard
Renovated bathroom with laundry facilities
Balcony with north to north easterly aspect
Indoor and outdoor swimming pools
Beautifully maintained gardens
Plenty of car accommodation
Stroll to Kingston and close proximity to the Manuka shopping precinct
Property History for 43/11 Giles St, Griffith, ACT 2603
- 17 Mar 2017Listed for Sale $399,000
Recent sales nearby
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0About Griffith 2603
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 3,811 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:
- The median value for Houses in Griffith is $2,358,447 while the median value for Units is $625,299.
- Houses have a median rent of $610 while Units have a median rent of $573.
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