295 Maribyrnong AvenueKaleen ACT 2617
Property Details for 295 Maribyrnong Ave, Kaleen
295 Maribyrnong Ave, Kaleen is a 8 bedroom, 4 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 780m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
Auction Location: In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City
And just like magic, there it is, an instant property portfolio! This well-thought-out instant Property portfolio is a fantastic opportunity for those looking to make an instant hit and maximise on the return on your most valuable asset.
With increasing interest rates making investments a harder return, this Property is the disruptor! A Dual occupancy setup, comprising four separate apartments over two buildings makes for a well-balanced and protected income stream.
In total, Both buildings provide four units all returning positive rental income. With excellent tenants already in place who are keen to stay on makes for a comfortable transition ensuring that your new investment provides income returns right from the get-go.
This is a real opportunity for a positive cash flow investment that does not come along, very often. Well protected from vacancy challenges and an incredible amount of potential to improve the site further still, which would further increase its value and possible rental return. EER 0.0
This property will be sold at auction; 6 pm Wednesday 1st March 2023 Ljhooker Canberra city office 182 City Walk
Please call Tim Russell at 0416 087 834 or Jackson White- Brettell at 0421 479 376 for further information or a private inspection.
Please consider parking at the nearest cross street 'Alberga Street' or the Gwydir Square shops or walking due to Maribyrnong avenue parking limitations.
Mention this ad at U & Co and get your coffee for free!
Features include:
4 Separate 2 bedroom apartments across two buildings
Each tenanted separately
Massive further potential to improve the site further
Walking distance to local shops and schools
Property History for 295 Maribyrnong Ave, Kaleen, ACT 2617
- 01 Mar 2023Sold for $1,000,000
- 10 Feb 2023Listed for Sale Under Contract
- 30 Jan 2022Transferred
Recent sales nearby
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0About Kaleen 2617
The size of Kaleen is approximately 6.0 square kilometres. It has 16 parks covering nearly 31.6% of total area. The population of Kaleen in 2016 was 7271 people. By 2021 the population was 7672 showing a population growth of 5.5% in the area during that time. The predominant age group in Kaleen is 30-39 years. Households in Kaleen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kaleen work in a professional occupation.In 2021, 73.30% of the homes in Kaleen were owner-occupied compared with 74.60% in 2016.
Kaleen has 2,967 properties. Over the last 5 years, Houses in Kaleen have seen a 24.07% increase in median value, while Units have seen a 40.90% increase. As at 31 January 2026:
- The median value for Houses in Kaleen is $1,021,942 while the median value for Units is $618,497.
- Houses have a median rent of $700 while Units have a median rent of $580.
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