OFF MARKET

50 Eddy Crescent
Florey ACT 2615

Bedrooms: 6
Bathrooms: 3
Car spaces: 8
Floor area: 248m2
Land area: 737m2
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Property Details for 50 Eddy Cres, Florey

50 Eddy Cres, Florey is a 6 bedroom, 3 bathroom House with 8 parking spaces and was built in 1985. The property has a land size of 737m2 and floor size of 248m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1985
Floor Size
248m2
Land Size
737m2
Local Government
Belconnen
Lot/Plan
FLOREY: Block 9, Section 121

Last Listing description (May 2020)

Relishing an elevated position with views across to the Brindabellas, this extra large four bedroom ensuite residence boasts a time proven floor plan upstairs and a surprisingly large two bedroom flat downstairs, making for an exciting and truly unique offering.

Whether you're a multi generational or blended family seeking independence from each other while living under the one roof; or in search of a large separate space to run a home office without compromising on space or amenity for the family; or even generating additional rental income, here is an opportunity like few others.

The possibilities of its large functional two storey floor plan and abundant off street parking may seem endless?

Generous living spaces are segregated, yet interlocking, enabling flexibility in their use for entertaining on either a large or intimate scale.

An updated central kitchen is the hub of the home for family gatherings and connects the formal and informal living areas. The abundance of bench and cupboard space and new appliances will impress almost any cook.

Revived and refreshed interiors complement a variety of furnishings and achieve a homely feel throughout. There's scope to add the finishing touches and decorate to taste.

Well proportioned bedrooms include a segregated main bedroom with generous ensuite and the secondary bedrooms each provide ample room for children's play, or study.

The downstairs flat is separate from upstairs and ideal for either running a home office or accommodating family members who seek a high level of independence. The large room sizes, especially its living room, are destined to impress.

If you love to entertain, whether it's unwinding with family and friends at days end with the backdrop of the Brindabellas from the front terrace; catching a cool summer breeze on the enclosed back landing off the family room; or simply sharing a laugh and a barbecue with friends out the back, this is a home you'll always be proud to entertain in.

A large double garage under and two driveways ensure considerable off street parking.

Investors may be drawn to the expected rental returns and anticipated high occupancy rates this suburb attracts, with the potential to achieve $980 per week rental income via two tenancies (house $600 per week + flat $380 per week)

Other features include:

• Living area - House 168m2 Flat - 81m2

• Block 736m2

• 4 large bedrooms, including segregated master bedroom

• Built in robes to three of the 4 bedrooms

• Updated kitchen with plenty of bench and storage space

• Ceasarstone bench tops

• Mitsubishi ducted reverse cycle air conditioning

• Double garage under (auto garage doors)

• Uninterrupted views to the Brindabellas

• Entertaining deck

• Large veggie patch & covered BBQ area

• Extra large downstairs self contained flat which includes two bedrooms, bathroom, kitchen and wall mounted RC/AC

• Easy walking distance to local primary school, parks and local shops

COVID-19 AWARENESS UPDATE:

We are abiding by a strict 10 person limit at open homes. If you would like to attend the advertised open home please SMS, phone or email the relevant Sales Agent to register.

Ray White Canberra are also set up to conduct digital walkthroughs, private appointments, virtual property inspections and online auctions.

Property History for 50 Eddy Cres, Florey, ACT 2615

A timeline of how this property has performed in the market
Last Sold
$865,000
19 May 2020
Listed for Rent
$260/w
11 Oct 2014
  • 19 May 2020
    Sold for $865,000
  • 15 Apr 2020
    Listed for Sale By Negotiation
  • 07 Oct 2014
    Listed for Rent $260 / week
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About Florey 2615

The size of Florey is approximately 2.8 square kilometres. It has 10 parks covering nearly 15.3% of total area. The population of Florey in 2011 was 5,042 people. By 2016 the population was 4,765 showing a population decline of 5.5% in the area during that time. The predominant age group in Florey is 50-59 years. Households in Florey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Florey work in a professional occupation. In 2011, 61.6% of the homes in Florey were owner-occupied compared with 61.6% in 2016.

Florey has 2,015 properties. Over the last 5 years, Houses in Florey have seen a 43.17% increase in median value, while Units have seen a 50.50% increase. As at 31 August 2024:

  • The median value for Houses in Florey is $881,291 while the median value for Units is $629,059.
  • Houses have a median rent of $628 while Units have a median rent of $550.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Florey on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Florey.

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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.