SOLD
Sold on 04 Mar 2024 for $2,550,000

17 Murray Crescent
Griffith ACT 2603

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 620m2
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Property Details for 17 Murray Cres, Griffith

Building Type
Commercial
Land Size
620m2
Local Government
Canberra Central
Lot/Plan
GRIFFITH: Block 21, Section 2

Last Listing description (February 2023)

Contact Richard or Sophie for a private viewing

Enjoying a north/easterly aspect; currently comprised as offices suites with reception area this is a unique opportunity to acquire a prime piece of real estate in one of the Inner South's most sought after tree-lined locales.

With a charming faade In a beautiful heritage precinct surrounded by an array of commercial and residential residences on Manuka's doorstep.

The floorplan currently comprising of 250m2 approx of internal living space with a formal reception area, multiple offices, boardroom, kitchen on both levels and multiple bathroom facilities.

Residing on a 619m2 approx block offering over 9 car parking spaces.

On tree-lined Murray Crescent in the commercial/residential hub of the Inner South this is a statement offering of the highest calibre.

*bedroom icon refers to office suites

Features:
Commercial & residential zoning
Unique opportunity to acquire a prime piece of real estate
Beautifully renovated terrace with dual zoning for commercial and residential purposes
Opportunity to reconfigure and convert into a residential property
Commercial tenancy in place until October 2024 paying $110,000 P/A
North/easterly aspect
Multiple office suites and boardrooms
Kitchen on both levels
Bathroom facilities on both levels
Ducted reverse cycle heating and cooling
Car parking for 9 cars
Security system and has keyless and remote-controlled door entries
Located on Murray Crescent; within a very sought-after locale within the heritage precinct
Surrounded by other beautiful commercial and residential offerings
Manuka's main street 'Bougainville Street' located parallel to Murray Crescent
Walk to local cafes, restaurants and all other amenities
Walk to Manuka Oval for sporting events
Street parking on Murray Crescent

Land Rates: $9,697 P/Q approx (commercial)
Land size: 619m2 approx
UCV: $679,000 approx
Internal living area: 250m2 approx
EER: 0.5

Property History for 17 Murray Cres, Griffith, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$2,550,000
04 Mar 2024
Listed for Rent
$120k/w
12 Mar 2020
  • 04 Mar 2024
    Sold for $2,550,000
  • 17 Mar 2023
    Listed for Sale Contact Agent
  • 13 Oct 2022
    Listed for Sale $2,895,000
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About Griffith 2603

The size of Griffith is approximately 2.8 square kilometres. It has 19 parks covering nearly 18.3% of total area. The population of Griffith in 2011 was 3,899 people. By 2016 the population was 4,571 showing a population growth of 17.2% in the area during that time. The predominant age group in Griffith is 20-29 years. Households in Griffith are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Griffith work in a professional occupation. In 2011, 52.2% of the homes in Griffith were owner-occupied compared with 53% in 2016.

Griffith has 3,435 properties. Over the last 5 years, Houses in Griffith have seen a 46.27% increase in median value, while Units have seen a 25.13% increase. As at 31 October 2024:

  • The median value for Houses in Griffith is $2,003,618 while the median value for Units is $596,958.
  • Houses have a median rent of $610 while Units have a median rent of $545.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Griffith on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Griffith.

Suburb Insights for Griffith 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.