OFF MARKET

14/3 Towns Crescent
Turner ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 2587m2
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Property Details for 14/3 Towns Cres, Turner

14/3 Towns Cres, Turner is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 2587m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2011
Floor Size
56m2
Land Size
2587m2
Local Government
Canberra Central
Lot/Plan
TURNER: Block 36, Section 62, Unit 14

Last Listing description (August 2023)

This attractive, light filled, super-low maintenance, one bedroom apartment in 'Vue East' is a not-to-be missed opportunity. Located in the sought after leafy suburb of Turner and situated on the corner and top floor of this 3-level, boutique development with a direct North aspect, this modern apartment is an incredibly well-thought out space.

The bright open-plan living area opens from the modern kitchen offering stainless-steel Bosch appliances and stone bench top. The bedroom has a wall of mirrored sliding door robes and is large enough for a Queen bed comfortably. The bathroom has full height tiling, a large shower recess, vanity with mirror over and toilet. The laundry is in a separate room at the front entry and includes a dryer and tub and space for a washing machine, you will also find double sliding door store cupboards at the entry. With a high level of inclusions, coupled with a large, North facing covered entertaining area, this apartment is a lovely space to enjoy all year round.

Minutes away from the light rail and within walking distance to ANU, Braddon's lively hospitality scene and even Canberra Civic Centre - yet, positioned on a quiet, tree-lined street - the location is truly ideal for the busy City-goer who needs to be close to the hustle and bustle, without the noise.

Whether it's a down-sizer's dream, a City socialite's residence, a week day crash pad, or an investment opportunity to give future capital gain and solid rental income - one thing is for sure - this apartment offers tremendous potential for all and best of all its available immediately.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email from any of the portals noting your full name and mobile number and it will be automatically sent to you.

Features Overview
Modern, direct North facing aspect
Single level floorplan
Top floor location - no neighbour overhead
Corner unit with windows on 2 sides allowing in more light
Fresh paint throughout and new carpets
Secure basement parking and lockable storage enclosure
Lift access from basement and ground level to level 3 so no stairs to navigate
Vacant & available immediately (no waiting for owners or tenants to relocate)
Option for early access prior to settlement via an occupation agreement
Flexible settlement dates if you have another property you want, or need, to sell or to give more time to secure financing
Offers are presented to owners as they come in, no campaign timeframe to wait for

More detail
Large bedroom fit for a queen size bed with a mirrored, two door, sliding robe and window with dual roller blinds
Spacious and open-plan living and dining area with sliding door access to covered balcony which has elevated outlook to the North
Wall mounted reverse cycle wall unit in main living area (heating and cooling)
Kitchen has stone benchtops, Bosch appliances including four burner electric cooktop, stainless steel electric oven and under bench dishwasher as well as an externally ducted stainless steel rangehood and a 1 bowl sink, also a large fridge cavity and ample cupboards
Main bathroom features two heat lamps, floor to ceiling tiling, a vanity with storage under and a frameless mirror over, toilet & an extra-large shower
Laundry at entry includes a wall-hung dryer, sink, instantaneous electric hot water system and room for a washing machine all tucked behind concertina doors
Opposite the laundry space is a 2-door linen cupboard with shelving
Halogen downlighting throughout

The Development
Located in the 'Vue East' building of the 'Vue Precinct'
Three level complex of just 30 apartments completed in 2012
Allocated basement parking space and lockable storage enclosure
Lift access from basement and ground right to top floor
Attractively landscaped grounds including an internal courtyard for use of all residents
Voice intercom access for guests

The numbers:
Living area: 61m2
Size of covered balcony: 8m2
Level in building: 3 of 3
Age of unit: 11 years. (built 2012)
General Rates: $1,335 p.a.
Water & sewerage rates: $740 p.a.
Land Tax (investors only): $1,535 p.a.
Strata levies: $4,422 p.a.
Rental estimate (unfurnished): Up to $500/week
Energy efficiency rating (EER): 6 out of 6 stars
Name of development: Vue East
Number of units in development: 30
Builder/developer: M Homes
Strata manager: Bright and Duggan - phone (02) 61563305
Units plan number: 3768
Balance of administration fund as of 15 August 2023: $220,125
Balance of sinking fund as of 15 August 2023: $34,407

To help buyers, we offer the following:
Written buyer price guide, which your offer must exceed
Confidential offer process meaning one buyers' offer will not be disclosed to any other buyers
A digital brochure with everything to consider a purchase, including the full contract (request this via email from any of the portals)
We refer a solicitor who can review the contract for FREE
Same solicitor can provide a FREE Section 17 Certificate to waive the cooling off period and submit an unconditional offer
Free valuation(s) on other properties you own to help establish your current equity base and assist with your finance approval
5% deposit on exchange pre-approved

Property History for 14/3 Towns Cres, Turner, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$521,350
30 Aug 2023
Listed for Rent
$490/w
30 Jun 2022
  • 30 Aug 2023
    Sold for $521,350
  • 25 Aug 2023
    Listed for Sale Offers over $475,000
  • 03 Jun 2022
    Listed for Rent $490 / week
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About Turner 2612

The size of Turner is approximately 1.5 square kilometres. It has 9 parks covering nearly 27.1% of total area. The population of Turner in 2011 was 3,595 people. By 2016 the population was 4,054 showing a population growth of 12.8% in the area during that time. The predominant age group in Turner is 20-29 years. Households in Turner are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Turner work in a professional occupation. In 2011, 35.7% of the homes in Turner were owner-occupied compared with 34.2% in 2016.

Turner has 2,798 properties. Over the last 5 years, Houses in Turner have seen a 14.91% increase in median value, while Units have seen a 30.93% increase. As at 31 October 2024:

  • The median value for Houses in Turner is $1,590,042 while the median value for Units is $626,557.
  • Houses have a median rent of $590 while Units have a median rent of $560.
There are currently 19 properties listed for sale, and 9 properties listed for rent in Turner on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Turner.

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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.