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616/220 Melrose Drive

Phillip, ACT 2606, Australia
$560,000
2 bed 2 bath 1 car72m²

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Area Price Guide
$526,400$593,600

Indicative price guide range

🏘️
65
Comparable
📊
$525,000
Area median
⚖️
+7%
vs median
📐
$7,778
Per m²
📏
72 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Positioned in one of Woden's most sought-after and newly completed developments, this near new two-bedroom, two-bathroom apartment delivers an exceptional combination of lifestyle, location and long-term value in one impressive package. At the heart of the home, the contemporary kitchen showcases quality finishes, stone benchtops and smeg, seamlessly connecting to the open-plan living and dining area. This inviting space flows effortlessly onto a covered balcony, creating the perfect setting to unwind and entertain. The thoughtfully designed floorplan offers excellent separation between the two generously sized bedrooms, ensuring privacy and comfort for owner-occupiers and tenants alike. Both bedrooms feature mirrored built-in wardrobes and abundant natural light, while the master suite is complemented by its own stylish ensuite. A second well-appointed bathroom is conveniently positioned near the living area, ideal for guests and everyday practicality. Completed in 2024, the development enhances everyday living with an impressive selection of resort-style amenities, including a heated indoor pool, fully equipped gym, private cinema and a shared indoor kitchen and dining space designed for hosting larger gatherings with ease. The location is second to none. Just a five-minute walk to Westfield Woden, you'll have shopping, dining and essential services at your fingertips. The Woden bus interchange and future Stage 2 light rail are only a ten-minute stroll away, providing seamless connectivity to the city and beyond. Features: Open plan living, dining and kitchen Kitchen with stone benchtops 600mm smeg electric cooktop 600mm smeg electric oven Smeg rangehood Smeg dishwasher Main bedroom with mirrored built in robe, ensuite and balcony Second bedroom with mirrored built in robe Main bathroom with floating vanity Balcony One allocated parking space and storage cage Reverse cycle air conditioning in living and main bedroom European laundry Indoor heated pool, gym, cinema, shared dining & kitchen Available to purchase to live in or as an investment: We have a flexible tennant in place, at $610.00 per week, this property is a great opportunity for your new home or savy investor. Whether you are seeking a sophisticated home in a rapidly growing precinct or a high-quality investment with strong appeal, this outstanding apartment presents a rare opportunity to secure a premium lifestyle in the heart of Woden. Living Size: 72 sqm (approx) Balconies: 10 sqm (approx) EER: 6 Rates: $456 per quarter (approx) Strata: $950 per quarter (approx) Land Tax: $510 per quarter (approx) *investors only

Property Features

    View full listing on Domain

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    Repayment calculator

    $2,715/month
    $1,357 /fortnight
    Loan $448,000 at 6.10% over 30 years

    Upfront costs

    Deposit$112,000
    Stamp duty$11,546
    Conveyancing (est.)$2,000
    Total upfront$125,546
    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
    72m²
    Listed
    1 month ago

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