8/1 Oxley StreetGriffith ACT 2603
Property Details for 8/1 Oxley St, Griffith
8/1 Oxley St, Griffith is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 3634m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
Last Listing description (February 2009)
FULLY SERVICED APARTMENT
WHETHER YOU'RE AN ASTUTE INVESTOR OR JUST STARTING TO BUILD YOUR INVESTMENT PORTFOLIO, HERE IS A GREAT OPPORTUNITY YOU CAN'T MISS. THIS IS A VERY TIGHTLY HELD COMPLEX, A TESTAMENT TO THE QUALITY INVESTMENT THEY REPRESENT. ONCE YOU HAVE ONE, YOU TOO WILL BE UNLIKELY TO LET GO. RARELY DOES AN APARTMENT LIKE THIS COME ONTO THE MARKET, OFFERING A GREAT RETURN, WITH A STRONG RECORD OF PERFORMANCE OVER AN EXTENDED PERIOD. THIS TWO BEDROOM FULLY RENOVATED, FULLY FURNISHED, AND FULLY SERVICED APARTMENT HAS NEW APPLIANCES THROUGHOUT, SO YOU CAN BE ASSURED YOUR MAINTENANCE COST WILL BE KEPT TO A MINIMUM. AS A SERVICED APARTMENT YOU WILL BENEFIT FROM YOUR PROPERTY BEING REGULARLY CLEANED AND MAINTAINED FOR EVERY NEW TENANT. ALL THE UNIT FUNDS ARE POOLED AND DISTRIBUTED ON A MONTHLY BASIS, PROVIDING A GUARANTEED RETURN WITH A LOW VACANCY RATE, SO YOU WON'T HAVE TO WORRY ABOUT A THING. MONTHLY STATEMENTS OUTLINING REVENUES AND EXPENSES ARE PROVIDED FOR THE ENTIRE COMPLEX, ALLOWING YOU TO KEEP ON TOP OF EVERY ASPECT OF YOUR INVESTMENT. THE AVERAGE MONTHLY RETURN OVER THE WINTER PERIOD FOR 2008 IS $2183.00 PER MONTH, WITH RENTAL RATES REVIEWED EVERY YEAR IN MARCH. THE APARTMENT IS THE PERFECT RENTAL FOR ANY INTERSTATE VISITOR LOOKING FOR A CENTRAL LOCATION IN A SOUGHT AFTER AREA. POPULAR WITH POLITICIANS, AND TRAVELLING BUSINESS PEOPLE BECAUSE OF ITS CENTRAL LOCALITY THE UNIT FEATURES: TWO BEDROOMS BOTH WITH MIRRORED BUILT IN ROBES, THE MAIN BEDROOM INCLUDES A QUEEN SIZE BED WHILE THE SECOND BEDROOM HAS TWO SINGLE BEDS. THE KITCHEN IS EQUIPPED WITH UP TO DATE APPLIANCES FROM A NEW FRIDGE TO THE LATEST COMBINED WASHING MACHINE AND DRYER. YOUR TENANTS WILL BE ABLE TO RELAX IN THE OPEN PLAN LIVING AREA, WHICH CONSISTS OF A LOUNGE SEAT, DINING TABLE AND CHAIRS, COLOUR TV, MINI STEREO, DVD AND VIDEO PLAYER OR TAKE ADVANTAGE OF THE POOL FACILITY LOCATED WITHIN THE COMPLEX. LOCATED WITHIN WALKING DISTANCE TO GOVERNMENT OFFICES, KINGSTON AND MANUKA SHOPS WITH RESTAURANTS AND CAFES AT YOUR FINGERTIPS. EER 4.5
Property History for 8/1 Oxley St, Griffith, ACT 2603
- 16 Oct 2009Sold for $375,000
- 04 Oct 2008Listed for Sale Not Disclosed
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About Griffith 2603
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 3,809 properties. Over the last 5 years, Houses in Griffith have seen a 14.39% increase in median value, while Units have seen a 24.65% increase. As at 31 May 2026:
- The median value for Houses in Griffith is $2,374,227 while the median value for Units is $634,357.
- Houses have a median rent of $800 while Units have a median rent of $600.
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