Home/Properties/Phillip/1705/49 Furzer Street
1705/49 Furzer Street, Phillip$555,000
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1705/49 Furzer Street

Phillip, ACT 2606, Australia
$555,000
2 bed 1 bath 1 car

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About this property

Positioned high on level 17 of the tightly held W2 building, this apartment combines strong tenant appeal with a prime Woden Town Centre location, an ideal formula for investors seeking both immediate income and long-term growth. The apartment retains a near-new feel, with a practical, low-maintenance design that consistently attracts quality tenants. The open-plan living area is filled with natural light through double-glazed windows and flows directly to the balcony, while the kitchen is well specified for everyday use, featuring a wide stone benchtop, induction cooking and integrated Asko appliances. Both bedrooms include mirrored built-in robes and are separated for privacy, a layout that suits sharers, professionals or work-from-home tenants. The bathroom is finished with full-height tiling and a rain shower, with a discreet, functional laundry zone incorporated into the space. Comfort and efficiency are well covered with two Mitsubishi reverse-cycle air conditioning systems, LED lighting throughout and a practical mix of timber laminate flooring, tiles and carpet. Secure lift access, basement parking and a lockable storage cage add to the property's broad tenant appeal. The location underpins the investment. Westfield Woden sits directly next door, with cafes, restaurants, Canberra Hospital and the bus interchange all within easy walking distance, a proven drawcard for tenants. The apartment is currently leased on a fixed-term agreement until late June at $600 per week, providing immediate rental income from settlement and a solid foundation for a long-term investment in one of Canberra's key town centres. EER: 6.0 Unit Plan: 16310 / Lot Number: 162 Body Corporate Manager: Vantage Strata Bi-annual Levy Fee: $2,033.40 (approx.) AUV 2025-2026: $8,725,000 (Unit entitlement: 0.471601%) Land Rates: $1,896.69p/a (approx.) Land Tax: $2,201.55p/a (if rented) (approx.) Townhouse size (approximately) - Living: 68m2; Balcony: 9m2 What makes this apartment solely the right fit for you: * Located in the recently completed W2 development in the heart of Woden * Perched high on the 17th floor * Experience the freshness and modernity of a one year old apartment * Spacious and bright living environment enhanced by high-quality finishes and a seamless design * Stunning westerly views to the Brindabella Mountains, offer a picturesque backdrop and provide a serene, natural escape right from your window * Elegant kitchen with a large 40mm stone bench tops, ample storage and high-quality Asko appliances including an induction cooktop, an electric oven and an integrated dishwasher * Generous open living/dining room with access to the covered balcony * The bedrooms are located on opposite sides of the apartment and feature built-in robes with sleek mirrored sliding doors, combining style and practicality * The bathroom/laundry features full-height tiling, a floating vanity, a mirrored cabinet, a toilet and a frameless shower screen along with both a rain head and hand-held shower hose, all contributing to a sleek and modern aesthetic * Enjoy enhanced insulation and natural light through large double-glazed windows * Combination of carpet, high-quality timber laminate floorboards and tiles, blend comfort with durability * LED down-lights provide energy-efficient lighting throughout the entire apartment * Enjoy year-round comfort with two Mitsubishi reverse cycle air conditioners - one in the living room and one in the main bedroom * Secure and easy access with a lift and video intercom system for added safety * Benefit from secure private underground parking with space for one vehicle and an allocated lockable storage space * Positioned in the geographical heart of Canberra, right next to the Westfield Woden Shopping Centre, and only moments away from numerous dining and entertainment options, the Canberra Hospital, sought-after schools, sporting facilities, arterial roads, and the Woden Bus Interchange

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,691/month
$1,345 /fortnight
Loan $444,000 at 6.10% over 30 years

Upfront costs

Deposit$111,000
Stamp duty$11,330
Conveyancing (est.)$2,000
Total upfront$124,330
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Phillip

This 2-bedroom apartment in Phillip, ACT 2606 sits within reach of public transport, local shops and nearby schools. It is listed 5% above the $529,000 median of 78 comparable apartmentswithin 5 km.

Schools near Phillip

  • The Canberra Collegesecondary · 11-12 · CoEd

What's nearby

  • Ainsworth Street opposite Woden CIT (bus)980 m away
  • Cataldo’s Salon529 m away
  • Unnamed144 m away
  • Woden Town Park349 m away
  • Arabanoo Park421 m away

Phillip at a glance

Full suburb profile
Population
5,197
Median age
32
Household income
$2,075/wk
Median rent
$440/wk
Median mortgage
$1,608/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Phillip price trend

Median sold · Unit 2 bed

Compound growth +3.0% / yr over 4 yrs

$580kcurrent median

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Price history

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1 price change recorded for this property

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