52/11 Giles StreetGriffith ACT 2603
Property Details for 52/11 Giles St, Griffith
52/11 Giles St, Griffith is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 4148m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (July 2018)
If you're an investor looking for a proven investment property that ticks all the boxes, then read on.
Located within the Medina Classic' apartments & centrally located to Kingston & Manuka is this rare opportunity offering 11.8% gross return.
On offer is a 3 bedroom fully furnished apartment, office/conference area, reception space, 2 titles, 2 car spaces & 6 storage areas. There are also 2 pools (indoor & outdoor), spa, sauna, BBQ area & mature well-established garden areas.
So, if you desire an investment property that is not just ordinary, but turbo charged, then this is probably it. Opportunities like this are few & far between. Don't miss seeing this property.
Features:
2 properties sold as 1
Close to Manuka & Kingston shops
Leased with Medina until 2025 with 2 x 5-year options
Established outdoor gardens
2 car spaces
Current gross income combined $91,747 (+GSTU52)
6 storage areas in basement
Fully furnished
2 pools indoor & outdoor
Sauna & spa
Unique investment opportunity
2 titles
Combined water & sewerage rates $1,282 p.a.
Combined levies $7,226 (sinking fund)
No admin fund fees applicable
Property History for 52/11 Giles St, Griffith, ACT 2603
- 02 Jul 2018Sold for $300,000
- 02 Feb 2018Listed for Sale $775,000
- 19 May 2015Listed for Sale Not Disclosed
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 3,803 properties. Over the last 5 years, Houses in Griffith have seen a 43.59% increase in median value, while Units have seen a 26.66% increase. As at 30 November 2025:
- The median value for Houses in Griffith is $2,409,442 while the median value for Units is $638,678.
- Houses have a median rent of $605 while Units have a median rent of $570.
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