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16/1 Oxley Street

Griffith, ACT 2603, Australia
$395,000
1 bed 1 bath 1 car

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Area Price Guide
$371,300$418,700

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73
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$650,000
Area median
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-39%
vs median
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Today
Listed

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About this property

Whether you're a savvy investor seeking a high-yield asset^ or a professional looking for the ultimate Inner-South base, this sanctuary in the 'Manuka Park' complex delivers. Positioned perfectly on the Kingston fringe, this single-level residence strips away the stress of maintenance, offering a "set and forget" investment opportunity or a sophisticated, move-in-ready retreat for those with a busy lifestyle. The interior boasts a sharp, open-plan design where the kitchen and living areas merge seamlessly. A quiet, carpeted bedroom with mirrored built-ins provides a dedicated space to recharge, supported by a modern main bathroom and a private balcony. For those who value security and leisure, the inclusion of basement parking and access to a sparkling in-ground swimming pool adds a premium layer of appeal that ensures high tenant demand and personal comfort alike. The location is the real closer. Nestled within Griffith's most vibrant precinct, you are walking distance to the dining and social hubs of "Old Kingston," the Foreshore, and Manuka. With the Parliamentary Triangle, Civic, and the Airport all just minutes away, this is a strategic acquisition in one of Canberra's most resilient growth corridors. It is, quite simply, effortless living with maximum upside. ^Currently this executive style, fully furnished apartment is welcome to overnight, weekly and short term stays as part of the Manuka Park Serviced Apartments. EER: 3.0 Unit Plan: 413 Built: 1986 (approx.) Body Corporate: Bright & Duggan Strata Management Body Corporate Fees: $987.04p/q (approx.) AUV 2025-2026: $9,258,000 (Unit entitlement: 1.99%) Rates: $3,037.53p/a (approx.) Land Tax: $3,972.56p/a (if rented) (approx.) Apartment size (approx.): Residence - 45m2; Porch - 16m2; Balcony: 5m2 What makes this apartment solely the right fit for you: * A rock-solid entry point into the market for a first homebuyer or a strategic investor looking for long-term growth * Interior features an open-plan living/dining and kitchen area designed to maximize both natural light and space * A generously sized bedroom provides a quiet retreat from the world and includes built-in robes for effortless organization * The smart floor plan incorporates a combined bathroom and laundry to ensure every square meter is used to its full potential * You will stay perfectly comfortable through every Canberra season with the inclusion of a powerful reverse-cycle split system for heating and cooling * Residents have exclusive access to a sparkling in-ground swimming pool set within a character-filled and beautifully established complex * Total peace of mind is guaranteed with secure basement parking and an intercom system for easy guest access * Walk to numerous iconic lifestyle destinations or grab a bite from any of the notable dining and cafe options at either "Old Kingston," Kingston Foreshore or Manuka * Parkland and walking tracks to Lake Burley Griffin are also situated within walking distance, and it is a short drive to Fyshwick, Civic, the Parliamentary triangle, and the Canberra airport

Property Features

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    Repayment calculator

    $1,915/month
    $957 /fortnight
    Loan $316,000 at 6.10% over 30 years

    Upfront costs

    Deposit$79,000
    Stamp duty$5,384
    Conveyancing (est.)$2,000
    Total upfront$86,384
    Verify with ACT revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    Today

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