OFF MARKET

16/56 Cowlishaw Street
Greenway ACT 2900

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 6740m2
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Property Details for 16/56 Cowlishaw St, Greenway

16/56 Cowlishaw St, Greenway is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 6740m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2012
Floor Size
39m2
Land Size
6740m2
Local Government
Tuggeranong
Lot/Plan
GREENWAY: Block 22, Section 17, Unit 16

Last Listing description (November 2023)

Positioned perfectly in Greenway this one bedroom apartment in VUE The Residence has everything you need. Currently tenanted at $400 per week until July 2024 this is a wonderful opportunity for an investor. Canberra rental prices are some of the highest in the country making this a great investment option with, historically, an extremely low vacancy rate. This secure, well maintained apartment offers one good sized bedroom, a modern bathroom and a European style laundry neatly tucked away to maximise the space. The kitchen is functional and leads to a lovely living and dining room with an adjoining balcony. The north aspect captures Canberra's sunshine beautifully and is bathed in natural light. Additional features:- One bedroom with mirrored robes- Open plan living and dining- Modern kitchen - Good sized bathroom- Dishwasher- Lift access to the apartment and garage- Well maintained carpets and tiles throughout- Split system- Double glazed sliding door- Secure undercover parking with storage cage- Security intercom- Convenient living close to shops, restaurants, Lake Tuggeranong and more- Can be sold partly furnishedNearby attractions:- Lakeside Leisure Centre, Club Lime, Southpoint Shopping Centre, Louisa Lawson Government Building, Zone Bowling, Canberra Southern Cross Club, Town Centre Vikings, Lake Tuggeranong, popular restaurants and cafes such as Brew Bar, Asian Noodle House and many others. In the same building:Subway, Greenway Medical Centre, Brindabella Podiatry, & Hairdresser Facts & Figures:- 39m2 internal living plus 13m2 balcony- EER 6 starsOutgoings:Rates - $1412Land Tax - $1637Body Corp - $2291.52 (Per annum)Management fee $1664Water supply charge - $720Net income $13,075Net return on investment 4.2%Disclaimer: Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 16/56 Cowlishaw St, Greenway, ACT 2900

A timeline of how this property has performed in the market
Last Sold
$305,000
27 Sep 2023
Listed for Rent
$400/w
14 Jul 2023
  • 27 Sep 2023
    Sold for $305,000
  • 18 Apr 2023
    Listed for Sale $310,000+
  • 02 Aug 2019
    Listed for Rent $360 / 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 3,110 properties. Over the last 5 years, Houses in Greenway have seen a 20.61% increase in median value, while Units have seen a 30.18% increase. As at 31 October 2024:

  • The median value for Houses in Greenway is $584,894 while the median value for Units is $516,021.
  • Houses have a median rent of $530 while Units have a median rent of $530.
There are currently 35 properties listed for sale, and 21 properties listed for rent in Greenway on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Greenway.

Suburb Insights for Greenway 2900

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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.