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5/92 Mcmichael Terrace

Denman Prospect, ACT 2611, Australia
$575,000
2 bed 2 bath 1 car376m²

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Area Price Guide
$540,500$609,500

Indicative price guide range

🏘️
73
Comparable
📊
$735,000
Area median
⚖️
-22%
vs median
📐
$1,529
Per m²
📏
376 m²
Land
🗓️
Yesterday
Listed

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About this property

Welcome to 5/92 McMichael Terrace, a beautifully finished two-bedroom home that offers incredible convenience, effortless indoor-outdoor living and an unbeatable Denman Prospect lifestyle. Just a short stroll from the local shops, you're moments from great coffee, the gym, medical centre and everything you need for day-to-day ease-all within a few minutes. Situated on the ground floor, this home enjoys a northerly aspect, a beautiful courtyard, and with a private street entry, it has more of a townhouse-like feel rather than apartment. A very clever layout provides incredible living separation, practicality and privacy not found in many 2 bedroom apartment designs with both bedrooms set back and away from the living spaces. Having just had a painting refresh, new carpets installed and brand new curtains added, this apartment looks fantastic and simply is ready to move in and enjoy. Both bedrooms are generously sized, with dual wardrobe designs providing a huge amount of clothes storage. The courtyard is an entertainer's dream and connects seamlessly to the internal living spaces. The well-sized kitchen features an extremely generous amount of benchtop and preparation area, while the European laundry compliments the thoughtful design layout and maximises living space. The shared gardens and lawns are beautifully maintained year-round, with lemon trees that often have an abundance of fruit. Comfort is ensured with double glazing, reverse-cycle heating and cooling in the living area and main bedroom, and instantaneous hot water that's conveniently included in the body corporate. Whether you're a first-home buyer, a professional couple, or an investor seeking a low-maintenance, high-appeal property built by Core Development, this home delivers exceptional value and an effortless lifestyle. Property Features Two spacious bedrooms Two modern bathrooms One secure basement car space + secure storage cage Generous 25sqm courtyard Private street entry (townhouse-style feel) Light-filled living space with northerly outlook Freshly repainted, with new carpets and new curtains Quality finishes and a practical floorplan Excellent storage options throughout Double glazed windows Reverse-cycle heating & cooling in living and main bedroom Instantaneous hot water (included in body corporate) Built: 2019 Living: 85sqm Courtyard: 25sqm EER: 6.0 stars Body corporate: $941p/qtr (approx.) Rates: $482 p/Qtr (approx.) Land tax: $575 p/Qtrp (approx. - Investors Only) Rental return: $560 - $590 per week Close Proximity Denman Prospect Shops (coffee, gym, IGA, medical centre) Local cafés and friendly staff Stromlo Forest Park Parks, walking trails and green spaces Public transport Quick access to major roads connecting the Molonglo Valley, Woden, Weston and the City Please note the photographs have been virtually styled. Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property Features

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    Repayment calculator

    $2,788/month
    $1,394 /fortnight
    Loan $460,000 at 6.10% over 30 years

    Upfront costs

    Deposit$115,000
    Stamp duty$12,194
    Conveyancing (est.)$2,000
    Total upfront$129,194
    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
    2
    Bathrooms
    2
    Parking
    1
    Land Area
    376m²
    Listed
    Yesterday

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