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Sold on 31 Jan 2024 for $450,000

15/5 Cynthea Teague Crescent
Greenway ACT 2900

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 15/5 Cynthea Teague Cres, Greenway

15/5 Cynthea Teague Cres, Greenway is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Greenway in the last 12 months.

Building Type
Unit
Local Government
Tuggeranong
Lot/Plan
GREENWAY: Block 4, Section 75, Unit 59

Last Listing description (January 2024)

Designed by renowned local Canberra Architect, Terry Ring and built by Canberra powerhouse, Project Coordination an apartment of this calibre 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 the first 1 bedroom apartment available since construction was completed in 2018.

Internally, this home features 62.5m² of functional internal living space with a spacious living and dining area that flows through to the balcony. The Bedroom features a walk in robe that flows through to the ensuite.

The property is currently on a month to month lease at $450 per week. With flexible settlement terms available be sure to get in touch as soon as possible. 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.

Key features:
+ Northern aspect with lake and parkland views
+ Large 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
+ Boutique development of only 62 apartments and 2 commercial units
+ Only 4 apartments per floor (quick and private lift access)
+ 1 secure carpark with storage cage

Location:
+ At your doorstep - Two Before Café & 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 cafés
+ 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: 62.5m²
Balcony: 8m²
Rental appraisal: $450+ per week
Body corporate: $2,718 per annum
Land rates: $1,535 per annum
Land tax: $1,860 per annum (only paid on investment properties)
Build completion date: 2018
*Above figures are approximate*

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Property History for 15/5 Cynthea Teague Cres, Greenway, ACT 2900

A timeline of how this property has performed in the market
Last Sold
$450,000
31 Jan 2024
Listed for Rent
$400/w
06 May 2019
  • 31 Jan 2024
    Sold for $450,000
  • 05 Sep 2023
    Listed for Sale Not Disclosed
  • 24 Apr 2019
    Listed for Rent $400 / week
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About Greenway 2900

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 3,168 properties. Over the last 5 years, Houses in Greenway have seen a 31.92% increase in median value, while Units have seen a 32.82% increase. As at 31 August 2024:

  • The median value for Houses in Greenway is $611,006 while the median value for Units is $520,333.
  • Houses have a median rent of $513 while Units have a median rent of $530.
There are currently 36 properties listed for sale, and 26 properties listed for rent in Greenway on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Greenway.

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