OFF MARKET

69 Franklin Street
Forrest ACT 2603

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 813m2
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Property Details for 69 Franklin St, Forrest

69 Franklin St, Forrest is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 813m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
813m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 10, Section 27

Last Listing description (August 2023)

A dream home in the making in arguably one of the best locations in Canberra. Zoned for potential development with RZ2 possibility, subject to approval or put your own stamp on a truly rare address, make this a beautiful home and reap the rewards well into the future.

This charming home had many highlights in its heyday and the two storey double-brick home just a stone's throw from Manuka village was the venue for glamorous soirees. Glimpses of that memorable bygone era remain in the home's parquetry floors, original wood fireplace, formal dining room, salon, and palm-fringed swimming pool and terrace.

The downstairs layout includes a bedroom off the front entry that is serviced by a full bathroom and a small TV room off the dining and kitchen area. Upstairs, three bedrooms have access to a main bathroom while the oversized master bedroom has an original ensuite and shares a private patio. This patio is also shared by a study near the master bedroom.

The true asset here is the absolute prime location. Minutes from the Parliamentary Triangle, Manuka Oval, the Kingston Foreshore, fabulous cafes and restaurants and noted Canberra institutions. It presents a coveted lifestyle opportunity that few other locations can match.

FEATURES
? Two-storey home in exceptional Forrest location with enormous potential including development with RZ2 zoning (subject to approval)
? Positioned perfectly with a delightful 2 minute walk to Manuka shopping village, popular cafes and boutiques
? Formal entry
? Timber millwork
? Open dining and sitting room with original fireplace
? Sunny salon
? TV room
? Original eat-in kitchen
? Laundry with toilet and shower
? Downstairs bedroom with built-in wardrobe and access to full bathroom
? Four upstairs bedrooms including oversized master with original ensuite and patio access
? Swimming pool with paving terrace surrounded by established greenery
? Tandem carport
? Single garage with timber doors and internal access
? Double-width driveway
? Front privacy hedge and mature gardens

Property History for 69 Franklin St, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$2,790,000
06 May 2023
  • 08 Aug 2023
    Listed for Sale Not Disclosed
  • 06 May 2023
    Sold for $2,790,000
  • 13 Apr 2023
    Listed for Sale Auction
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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of total area. The population of Forrest in 2011 was 1,468 people. By 2016 the population was 1,602 showing a population growth of 9.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 69.6% of the homes in Forrest were owner-occupied compared with 62.4% in 2016.

Forrest has 1,251 properties. Over the last 5 years, Houses in Forrest have seen a 14.98% increase in median value, while Units have seen a 14.28% increase. As at 31 October 2024:

  • The median value for Houses in Forrest is $2,683,994 while the median value for Units is $837,624.
  • Houses have a median rent of $723 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 2603

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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.