14/5 Cynthea Teague Cres, Greenway is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 2388m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Designed by renowned local Canberra Architect, Terry Ring and built by Canberra powerhouse, Project Coordination an apartment of this caliber is a rare opportunity. Positioned on the fourth floor with lake views and flooded with sunlight from the Northern aspect. Apartments in this development (Essence Greenway) are tightly held and are seldom on the market, this is one of the first 2 bedroom sales since construction was completed in 2018.
Internally, this home features 85m? of functional living space perfect for work from home set ups and entertaining guests with the spacious living and dining area flowing through to the balcony. The bedrooms are segregated, from the master bedroom you will be waking up to breathtaking views over the lake and beyond. The living area is also perfectly positioned to maximise sunlight and the stunning views. Essence is predominantly an owner occupier complex, whether you are a first home buyer or looking to downsize this apartment will be sure to impress.
Words from the owner:
"It has been 5 great years living the heart of Greenway and the Tuggeranong Town Centre. Being on the 4th level of the well situated Essence Apartment building, we have loved waking up every morning to uninterrupted views of Lake Tuggeranong and the local park. The nearby cafes and local restaurants will not disappoint and with Bunnings just across the road
The high energy rating meant that we have not experience cold winters and had minimal need for heating and excessive use of air conditioning in summer. This kept electricity and gas prices affordable all year round.
We really love the apartment layout and the features including the walk in wardrobe and modern colour scheme. We were able to fit our dream 3.5 seater chaise lounge with the living area still feeling spacious.
We know you will enjoy the convenience of Greenway living as much as us!."
Key features:
+ Northern aspect with lake and parkland views
+ Segregated bedrooms
+ Large master bedroom with walk in robe that flows through to ensuite
+ Floor to ceiling bathroom tiles 300mm x 600mm, with feature wall
+ Ariston appliances: Ceramic glass cooktop, oven, range hood & dishwasher
+ Fisher & Paykel dryer
+ Double glazed windows and doors
+ Generous sized second bedroom with built in robe
+ 2 secure carparks (tandem) with close access to the lift
+ Conveniently place storage unit
+ NBN Fibre to the premises (FTTP)
+ Boutique development of only 62 apartments and 2 commercial units
Location:
+ At your doorstep - Two Before Caf? & recently opened Capital Bar and Grill & many more along Anketell street
+ 800m walk/ drive to South Point Shopping Centre: Coles, Woolworths, Aldi, Limelight Cinema, Food Court, Banks, Medical services and an abundance of dining options and caf?s
+ 1.5km to lakeside leisure centre (50m Olympic swimming pool & sauna)
+ 1.5km to Club Lime Fitness Centre
+ Close proximity public transport
Statistics:
Architect: Ring and Associates, designing in Canberra since 1991
Builder: Project Coordination, building in Canberra since 1975
Internal: 85m?
Balcony: 7.5m?
Rental appraisal: $550+ per week
Body corporate: $895 per quarter
Land rates: $365 per quarter
Land tax: $435 per quarter (only paid on tenanted properties)
Build completion date: 2018
*Above figures are approximate*
The size of Greenway is approximately 5.3 square kilometres. It has 17 parks covering nearly 36% of total area. The population of Greenway in 2011 was 1,453 people. By 2016 the population was 1,905 showing a population growth of 31.1% in the area during that time. The predominant age group in Greenway is 30-39 years. Households in Greenway are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenway work in a professional occupation. In 2011, 49.2% of the homes in Greenway were owner-occupied compared with 48.5% in 2016.
Greenway has 3,165 properties. Over the last 5 years, Houses in Greenway have seen a 10.19% increase in median value, while Units have seen a 26.47% increase. As at 28 February 2025:
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