1/25 Frencham Street Downer

ACT 2602
Sold on 22nd August 2022 Sold $619,500
About this property

Fully renovated, gorgeous, and ground floor - Guide price from $600,000

Cute, quirky, and homely, the apartment at 1/25 Frenchman Street was made for a homebody. With courtyards on either side and copious windows, the home is always filled with both natural light and fresh air, as cross ventilation is a breeze.

Beautiful bamboo flooring greets you as you step inside as do the two separate living areas. The larger of which is directly north facing and can be divided into two, which is especially handy if you work from home and want a dedicated workspace area. It can also access the smaller of the two courtyards which come with this home, so peaceful lunch breaks in the sun are a go. It's paved, private and low maintenance and has gated access to the street if you have a pet that needs a daily walk.

Back inside and the adorable, renovated kitchen houses everything you need to make a meal for you and your guests. There is a separate meals area fit for a dining table, however the courtyards are likely where you'll be drinking and eating the evening away as you welcome the upcoming warm Spring evenings. The courtyards with established trees and greenery are ideal for adorning with fairy lights, water features or bird feeders.

Literally on the doorstep of the Downer shops, there's so much to be enjoyed without venturing more than a minute from your humble abode. Gang Gang café and bar is likely to become your weekend local for a morning or afternoon coffee – or your daily local if you prefer to work from home. Or perhaps you'd prefer to grab a drop from Peter's Wine Shop and order in some takeaway.

To receive a copy of the digital brochure containing an explanation of our friendly sales campaign, the contract and much more, please send us an email and note your full name and mobile number and it will be immediately sent to you.

Features overview:
-Offers prior to auction are welcome
-Vacant and ready for you now
-Early access prior to settlement available
-Positioned on ground floor of two storey boutique development
-Two private courtyards at either side of property allowing flooding of natural light and cross flow ventilation
-Windows on three sides
-Light, bright and airy
-Extremely private thanks to the high fences and established trees
-Feels more like a townhouse than an apartment
-Pets welcome (subject to strata notification & approval)

-Extensively and beautifully renovated
-Two living areas, larger of which is directly north facing can be divided into two areas and directly accesses courtyard
-Separate meals area off the kitchen
-Renovated and funky, kitchen layout with timber benchtops, lots of draws and cupboards, electric cooktop, externally ducted rangehood, built in microwave, oven and dishwasher
-Renovated bathroom with separate toilet, bath shower combo, built-in laundry, enclosed hot water system and extra shelving
-2 spacious bedrooms each with built in robes and access to one of the courtyards
-Bedrooms are segregated for added privacy
-Bamboo timber flooring
-Reverse cycle heating and cooling
-Rendered and painted internally
-Upgraded light fittings

-One allocated carport with enclosed storage room at rear
-Three visitor car spaces plus on street parking
-Dual courtyards at either side of property, both accessible via external gates perfect for pets or bringing bikes in and out
-Rare boutique development with no lifts, pools, or gym to keep running costs down
-Positioned within 50 metres of the popular Downer shops
-100m to the nearby ovals, great places to walk the dog, play some Frisbee or get some exercise

The Numbers (approx):
-Living area: 78m²
-Courtyards: 44m2
-Age: 36 years (built 1986)
-Extensively renovated in 2016
-General rates: $1,283p.a.
-Water rates: $670p.a.
-Land tax (investors only): $1,392p.a.
-Conservative rental estimate (unfurnished): $610wk
-EER (Energy Efficiency Rating): 4 stars
-Potential of 6 stars just by adding heavy drapes and pelmets
-Strata levies: $3,435 p.a.
-Admin fund for complex: $29,551
-Sinking fund for complex: $75,267
-Total funds held by owner's corporation as of 15/07/22: $104,819
-10 units in total in development
-Units plan 416
-Strata manager – Independent Strata

To help buyers, we offer the following as part of our Friendly Auction System:
-Written buyer price guides, which are updated throughout the campaign.
-A digital brochure with everything to consider a purchase, including the full contract and bidding strategy video (request this email).
-We refer a solicitor who can review the contract prior to auction for FREE.
-Same solicitor can provide a FREE Section 17 Certificate to waiver your cooling off if you want to submit a pre-auction offer.
-5% deposit pre-approved on exchange. Payable via eft (no need to arrange a bank cheque).
-Help negotiating terms such as settlement dates or exchange deposits to suit the buyer.
-Free valuations on your current property(s) to help establish your equity.
-Personalised bidding strategy meeting with the auctioneer prior to auction to establish bidding tactics and discuss the auction process.

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Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046