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38/1 Oxley Street, Griffith$390,000
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For Saleapartment

38/1 Oxley Street

Griffith, ACT 2603, Australia
$390,000
1 bed 1 bath 1 car59 m²

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About this property

Positioned in one of Canberra's most sought-after locations and offering a spectacular top floor outlook, this beautifully maintained one-bedroom apartment offers exceptional lifestyle appeal and investment potential. Perched on the top level, the apartment features a private balcony overlooking Manuka Oval, capturing the charm and vibrancy of the Inner South. Step outside and enjoy everything this prime location has to offer. Manuka Oval, Manuka and Kingston's vibrant mix of trendy cafes, renowned restaurants, boutique shopping, Stylish bars and gourmet delicatessens are all right at your doorstep. Set within a classic Canberra building with character-filled architecture and pool facilities, this residence presents the ideal opportunity for those seeking an elegant entry point to home ownership, those downsizing, or astute investors seeking a premium address with high-yielding investment potential or strong private rental opportunities. The benefit of this style of investment is that the apartment could be unoccupied for a period of time, but you still make income! The apartment is also available to live in. Enquire today for more information on this excellent opportunity! • Opportunity to rent out as serviced apartments for above average rental returns or live in! • Light-filled open plan living and dining area • Generous bedroom with built-in robe • Reverse cycle split system heating & cooling for year-round comfort • Combined bathroom and laundry • Private balcony for relaxing • Secure car space and intercom access • Swimming pool to the complex * Comprehensive renovation with all-new interiors, fittings and finishes * Fully furnished and equipped - ready to occupy or lease immediately * Light-filled open-plan living with panoramic outlooks * Private balcony ideal for entertaining or quiet relaxation * Generous main bedroom with built-in robes * Secure complex with established gardens and on-site amenities * Flexible ownership: live-in, lease privately, or join the Manuka Park Serviced Apartments program * Excellent investment appeal with approx. $500 per week rental potential * Internal living 59 sqm + courtyard 21 sqm + porch 6 sqm (approx.) Year Built: 1986 (approx.)Perfectly positioned within the tightly held Manuka Park Serviced Apartments, this beautifully renovated one-bedroom residence combines timeless style with exceptional versatility. Offering multiple ownership options, purchasers can live in the apartment, rent it on the open market, or opt into the Manuka Park Serviced Apartment program - a flexibility rarely found in this sought-after Inner South enclave. Set within a secure complex surrounded by manicured gardens, residents are perfectly placed to enjoy everything the Inner South has to offer. Manuka Village, Kingston Foreshore and Manuka Oval are all moments away, while the City, Parliament House and Canberra Airport are only a short drive. Great opportunity to enter the property market or secure a versatile Inner South investment Strata: $1,397pq (approx.) Rates: $3,082pa (approx.) Land Tax: $4,041pa (approx.) EER: 0.0

Property Details

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

Repayment calculator

$1,891/month
$945 /fortnight
Loan $312,000 at 6.10% over 30 years

Upfront costs

Deposit$78,000
Stamp duty$5,214
Conveyancing (est.)$2,000
Total upfront$85,214
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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 Griffith

This 1-bedroom apartment in Griffith, ACT 2603 sits within reach of public transport, local shops and nearby schools. It is listed 40% below the $649,000 median of 63 comparable apartmentswithin 5 km.

Schools near Griffith

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

What's nearby

  • Giles Street Kingston Hotel (bus)101 m away
  • Bottlemart84 m away
  • Unnamed278 m away
  • Unnamed345 m away
  • Unnamed466 m 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 · Unit 1 bed

Compound growth +2.7% / yr over 4 yrs

$500kcurrent median

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Price history

Price history

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