OFF MARKET

14 Ibbott Lane
Belconnen ACT 2617

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 6078m2
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Property Details for 14 Ibbott Lane, Belconnen

Building Type
Commercial
Land Size
6078m2
Local Government
Belconnen
Lot/Plan
BELCONNEN: Block 20, Section 32

Last Listing description (July 2024)

Canberra's most anticipated Penthouse Release at The Markets Residences, where luxury meets skyline views and exclusive custom design. With only 22 residences available, this is an opportunity you won't want to miss.

Soak up the skyline from your penthouse rooftop gardens and pools at The Markets Residences. These limited 2 bed + study, 3 bed, and 4 bed homes offer a lifestyle like no other.

Setting a new benchmark for luxury living, prices range from $1,788,800 to $2,788,800.

Penthouse 313 - $1,820,880.00
TOTAL PENTHOUSE = 273.5 m2

TOTAL LIVING AREA = 157.5 m2
OUTDOOR ROOFTOP TERRACE = 116 m2
LIVING - 140.1 m2
WINTER GARDEN - 17.4 m2

The Markets is an exceptional project by Cox Architecture that will bring 313 dwellings to a key location in Belconnen Town Centre spread out over a massive 6,077m2 prime site.

Opposite the $100m Capital Food Markets redevelopment; this world class location represents a once in a lifetime opportunity to reside next door to an artisan food hub in what is set to be a national food and entertainment attraction, inspired by Barcelona's La Boqueria and Torvehallerne in Copenhagen.

Each Penthouse residence offers the opportunity to custom design to meet lifestyle requirements; with a premium selection of 2 + Study, 3, 4 bedroom penthouses.

''Natural light is the driving factor of the layouts of all penthouses, it delivers dynamism to a space, and in that, change throughout the day - the way that light comes in in the morning versus the afternoon provides an incredible amount of delights'' - Sustainability Director - Sasha Trpkovski,

The feature central atrium will flood greenery through the development passages ensuring healthy natural living.
The impressive central atrium with open corridors provides natural cross ventilation and climbing greenery which meets your ''backyard in the sky'' with rooftop and deck barbecue and picnic areas.

Offering a blissful private oasis with rooftop living for alfresco dining and relaxation and your own private gardens.

Designed with an emphasiss on comfort and privacy; the custom design penthouse floor plan boasts an average 200m2 of indoor + outdoor living with views in every direction.

Each residence features The Markets Sustainability Package:

1. Electric vehicle chargers
2. Quality double glazing
3. Solar panels
4. Renewable energy
5. Future proof technology
6. Energy efficient appliances
7. Lush, landscaped grounds with grey water systems
8. Deep root planting + green walls
9. Natural cooling with cross ventilation
10. Low cost living
11. Front court yard
12. Winter garden

Features:
1. First residential development in Canberra to include an electric vehicle (EV) charging point for each residence.
2. Roof top swimming pool and decked barbecue and picnic area enjoying breathtaking views.
3. Take advantage of the 24/7 concierge service available to take care of all needs plus ensuring security for parcel collection and visitors.
4. Central lifestyle Hub; ideal location within walking distance to Belconnen Town Centre offering a range of luxuries plus Hoyts cinemas, retail offerings, and the beautiful lake Ginninderra.
5. Walking distance to Canberra University.
6. Views - Enjoy your residence and beyond with views over Belconnen, the city and Black mountain tower.

Visit our Display Suite Thursday/Friday/Sat/Sunday/Monday 10am-2pm or by appointment.

The need-to-know details:

Developer: Custom Apartments
Builder: Icon Constructions
Architect: COX Architects
DA approved.
Construction commencing early 2023.
Move in approx. Early 2025.

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

Property History for 14 Ibbott Lane, Belconnen, ACT 2617

A timeline of how this property has performed in the market
Last Sold
$14,000,000
29 Jul 2022
Listed for Rent
$759/w
01 Dec 2022
  • 22 May 2024
    Listed for Sale $1,820,880
  • 22 Feb 2023
    Listed for Sale $648,800 to $688,000
  • 29 Nov 2022
    Listed for Rent - Price not available
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About Belconnen 2617

The size of Belconnen is approximately 4.4 square kilometres. It has 6 parks covering nearly 26.3% of total area. The population of Belconnen in 2011 was 4,437 people. By 2016 the population was 6,644 showing a population growth of 49.7% in the area during that time. The predominant age group in Belconnen is 20-29 years. Households in Belconnen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belconnen work in a professional occupation. In 2011, 33.8% of the homes in Belconnen were owner-occupied compared with 29.2% in 2016.

Belconnen has 5,976 properties. Over the last 5 years, Houses in Belconnen have seen a 4.09% increase in median value, while Units have seen a 28.21% increase. As at 31 October 2024:

  • The median value for Houses in Belconnen is $473,026 while the median value for Units is $491,942.
  • Houses have a median rent of $550 while Units have a median rent of $543.
There are currently 74 properties listed for sale, and 48 properties listed for rent in Belconnen on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Belconnen.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.