13/86 Derrima Rd, Crestwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 2529m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Welcome to this exceptional two-bedroom apartment on offer. A haven of natural light with views towards Canberras skyline from the balcony. This property offers a spacious internal living area that stands out from other market options today.
Previously owner-occupied, this apartment is now ready for its next chapter. You can either move in immediately or capitalize on the opportunity to improve and future-proof the property. The convenience of a lift ensures easy access within the building.
Let us start the conversation! This property is destined to sell quickly, and sell it will to any discerning buyers:
First-time buyers: It is crucial you review this property.
Investors: A solid performer with net return yields that are sure to prompt interest.
Future-proofing buyers: Those looking to update will love the potential on offer, with great prospects for future appeal and aesthetic enhancements.
Key Features:
Second-level living: Enjoy peaceful views and elevated living.
Two bedrooms with built-in wardrobes: Ample storage and comfort.
Living area with balcony: Perfect for relaxation with serene views.
Split system heating and cooling: Comfort in all seasons.
Covered single-car space: Conveniently close to entryways.
Spacious laundry room: Additional storage opportunities.
Secure complex: NBN FTTP connection, updated security with intercom access, and external security cameras in communal areas.
Mobility-friendly: Suitable for those with accessibility needs.
Prime location: Easy access from Henderson Rd (best entry point) and Derrima Rd, close to Queanbeyans vibrant CBD and Canberra.
Who would have thought: The inclusion of a hallway? a feature rarely seen in apartments, provides depth and privacy, separating the bedrooms and bathroom from the main living and kitchen/dining areas.
Perched in the heart of Crestwood, standing tall and proud, Kowen Towers is here to stay. With Queanbeyans vibrant CBD and Canberra just a skip and jump away, you'll enjoy easy access to major amenities, parks, and recreational facilities.
Property particulars (approx):
Home: 64m
Balcony: 4m
Covered parking: 13m
Total Area: 81m
Year Built: 1976
Number of homes in complex: 50 (a good mix of owner-occupied units)
Financial Details:
Rates: Approximately $2,212.00 per annum
Strata fees: Approximately $860.00 per quarter
(As is) Suggested weekly rent for investors: $380.00 - $400.00 per week
(Renovated) Suggested weekly rent for investors: $440.00 - $460.00 per week
Vacant possession: Ready for immediate occupancy
Do not miss this opportunity to elevate your lifestyle in Kowen Towers, Crestwood!
Arrange your inspection today and experience the versatility and potential this property offers.
The size of Crestwood is approximately 2.0 square kilometres. There are 9 parks, covering nearly 7.8% of the total area. The population of Crestwood in 2016 was 4603 people. By 2021 the population was 4936 showing a population growth of 7.2% in the area during that time. The predominant age group in Crestwood is 30-39 years. Households in Crestwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Crestwood work in a professional occupation.In 2021, 56.10% of the homes in Crestwood were owner-occupied compared with 53.80% in 2016.
Crestwood has 2,738 properties. Over the last 5 years, Houses in Crestwood have seen a 24.71% increase in median value, while Units have seen a 34.30% increase. As at 31 July 2026:
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