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33/47 McMillan Crescent, GriffithBy Negotiation
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33/47 McMillan Crescent

Griffith, ACT 2603, Australia
By Negotiation
1 bed 1 bath 1 car25 m²

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About this property

My new owners will love my: - High-performing investment rental yield of 6.67% - Proven Airbnb short-stay appeal - perfect for interstate owners - Light-filled, low-maintenance design with private terrace - Fully renovated outdoor pool located directly in front of the apartment - Highly sought-after ground-floor position with direct external access - Secure, well-maintained complex in the heart of Griffith - Walking distance to Griffith Shops and Fyshwick Markets - Stylish kitchen with integrated appliances and excellent functionality - Extremely low-maintenance, quick and easy to clean - ideal for owner-occupiers or investors Whether you're looking to replace rent with ownership, enjoy a Canberra base of your own, or secure an apartment that can generate income when not in use, this studio offers a rare blend of convenience, presentation, and profitability. Owning provides long-term stability, control over your living environment, and the ability to build equity-while still retaining strong income potential through short- or long-term leasing. Its proven short-stay appeal, low upkeep, and excellent presentation make it a standout offering in this price bracket. Step inside 33 McMillian Gardens and you'll find a cleverly designed studio apartment that blends modern style with practical functionality. Recently updated with fresh finishes, new flooring, and integrated kitchen appliances, the apartment is ready for immediate enjoyment or rental. The open-plan layout flows effortlessly onto a private terrace, ideal for a morning coffee or unwinding after a busy day. With reverse-cycle air conditioning, ample power points including USB ports, and a fully renovated outdoor pool at your doorstep, the apartment delivers comfort, convenience, and effortless living. Positioned in one of Canberra's most desirable Inner South streets, the apartment is part of a solid, well-maintained 1960s complex. Residents enjoy easy, stress-free parking access with numerous visitor parking spaces, and the body corporate is in the process of approving leased car spaces for a small additional quarterly fee. The ground-floor position with direct external access makes coming and going simple, while the leafy surrounds create a peaceful urban retreat. Located just moments from Manuka and Kingston, as well as Lake Burley Griffin, this studio offers unbeatable convenience. Cafés, restaurants, public transport, and recreational options are all within easy reach, making it perfect for both lifestyle buyers and investors looking for a high-demand location. Due to the size of the apartment, a specialist financing approach is required - please contact the agent to discuss further. Sales Specifics: Rental estimate: $430 - $450 p/w (approx.) Rates: $641.87 p.q. (approx) Living size: 25m² (approx.) Carport and shed: 9m² (approx.) Year built: 1960 (approx.) EER: 6 stars Body Corp: $612.92 p.q. (approx.) Disclaimer My Morris make all efforts to provide correct information on this listing. We cannot accept responsibility and disclaim all liabilities in regards to any errors contained in this advertisement. All parties must inspect and rely on their own investigations to validate the information provided.

Property Details

Property Type
studio
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
25 m²
Listed
3 months ago

Repayment calculator

$3,636/month
$1,818 /fortnight
Loan $600,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$150,000
Stamp duty$19,754
Conveyancing (est.)$2,000
Total upfront$171,754
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 Griffith

This 1-bedroom studio in Griffith, ACT 2603 sits within reach of public transport, local shops and nearby schools.

Schools near Griffith

  • St Edmund's College Canberracombined · 4-12 · Boys
  • St Clare's Collegesecondary · 7-12 · Girls

What's nearby

  • St Clares College McMillan Crescent (bus)462 m away
  • UCI ACT600 m away
  • Unnamed699 m away
  • Unnamed953 m away
  • Unnamed1.0 km away

Griffith at a glance

Full suburb profile
Population
5,328
Median age
38
Household income
$2,542/wk
Median rent
$462/wk
Median mortgage
$2,118/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Griffith price trend

Median sold · House 4 bed

Compound growth +1.0% / yr over 4 yrs

$2.40mcurrent median

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