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30/2 McMichael Terrace, Denman Prospect$420,000
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30/2 McMichael Terrace

Denman Prospect, ACT 2611, Australia
$420,000
1 bed 1 bath 1 car50 m²

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About this property

Currently leased at $500 per week on a periodic tenancy agreement. Completed in 2022, this near-new apartment in the Marlu development is ideal for first-home buyers and astute investors alike. Blending high quality finishes, a thoughtfully designed floor plan and stunning mountain views, it delivers modern living with lasting appeal. The kitchen is both stylish and functional, featuring an induction cooktop, integrated rangehood and excellent storage options. The bathroom features high quality finishes with floor-to-ceiling tiles and floating vanity and gold accent fixtures. A European laundry being a smart choice, ensuring practicality without compromising space. The generously sized bedroom is a peaceful retreat, complete with mountain views, abundant natural light, mirrored built-in robe and direct balcony access. A spacious, designated study provides the ideal work-from-home setup or flexible additional living space a rare and desirable feature in a one-bedroom. This apartment also includes secure basement parking with a storage cage and shared amenities including a pool, well-appointed gym, and multiple entertaining spaces. Positioned just moments from local parks, walking trails and the Denman Village shops, this property presents an exceptional opportunity in one of Molonglo Valley's most desirable communities. Features: Open plan living, dining, and kitchen with timber look flooring Private balcony with lovely outlook Bedroom with abundant natural light, mirrored built-in robe and balcony access Spacious designated study Kitchen with induction cooktop, integrated rangehood, and great storage options Bathroom with floor to ceiling tiles and floating vanity European laundry Split system air conditioning Double glazed floor to ceiling windows and sliding doors LED lighting throughout Secure car space plus storage cage On-site pool and gym for resident use NBN Fibre to the Premises (FTTP) Key figures: Internal size: 50m² (approx.) Balcony: 12m² (approx.) Contruction: 2022 (approx.) EER: 6 stars Rates: $461 per quarter (approx.) Land Tax (only if rented): $532 per quarter (approx.) Strata levies: $793.75 per quarter (approx.) Rental appraisal: currently leased for $500 per week Disclaimer: Please note that while all care has been taken regarding general information and marketing information compiled for this sales advertisement, Total Property Sales does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective purchasers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
50 m²
Listed
3 months ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$6,234
Conveyancing (est.)$2,000
Total upfront$92,234
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.

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Neighbourhood

Living in Denman Prospect

This 1-bedroom apartment in Denman Prospect, ACT 2611 sits within reach of public transport, local shops and nearby schools. It is listed 39% below the $685,000 median of 65 comparable apartmentswithin 5 km.

Schools near Denman Prospect

  • Evelyn Scott Schoolcombined · K-10 · CoEd

What's nearby

  • Holborow Avenue after Greenwood Street (bus)72 m away
  • IGA659 m away
  • Unnamed264 m away
  • Unnamed271 m away
  • Unnamed309 m away

Denman Prospect at a glance

Full suburb profile
Population
2,759
Median age
31
Household income
$3,219/wk
Median rent
$498/wk
Median mortgage
$2,400/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Denman Prospect price trend

Median sold · Unit 1 bed

Compound growth +1.2% / yr over 4 yrs

$420kcurrent median

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