OFF MARKET

40/1 Cowlishaw Street
Greenway ACT 2900

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2955m2
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Last updated 11 Nov 2024
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Property Details for 40/1 Cowlishaw St, Greenway

40/1 Cowlishaw St, Greenway is a 0 bedroom, 0 bathroom Unit and was built in 2009. The property has a land size of 2955m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2009
Land Size
2955m2
Local Government
Tuggeranong
Lot/Plan
GREENWAY: Block 19, Section 70, Unit 40

Last Listing description (December 2021)

Belle Property Commercial is pleased to offer for sale Unit 40 'Emphora' Greenway.

Emphora is a modern mixed-use development comprising 37 residential apartments and 4 ground floor commercial tenancies built by Narona Homes, one of Canberra's most reputable building companies. Located in the ACT Town Centre of Tuggeranong in close proximity to South.Point Shopping Centre, Lake Tuggeranong and immediately next door to the Louisa Lawson Building; a 26,000sqm office building that was custom-built in 2013 for the Department of Human Services.

Unit 40 is a strata titled ground floor commercial unit fronting Cowlishaw Street measuring 96sqm with 3 allocated undercover car parks on title. The Crown Lease Purpose Caluse permits a wide variety of users including community use, drink establishment, indoor recreation, office, restaurant and shop. The unit is currently leased to Arokaya Lanna (Thai Massage and Day Spa) expiring 31-Aug 2025 and currently generates a NET income of approx. $31,235pa

To obtain additional due diligence material including information memorandum, floor plans, Contract for Sale or to arrange an inspection of the premises, please contact the exclusive sales agent, Mark Nicholls at Belle Property Commercial Canberra.

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Property History for 40/1 Cowlishaw St, Greenway, ACT 2900

A timeline of how this property has performed in the market
Last Sold
$500,000
17 Nov 2021
  • 17 Nov 2021
    Sold for $500,000
  • 30 Sep 2021
    Listed for Sale Price on Request
  • 26 Jun 2019
    Listed for Sale $460,000 no GST payable

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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 3,101 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 37 properties listed for sale, and 22 properties listed for rent in Greenway on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Greenway.

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