14 Greenway StreetTurner ACT 2612
Property Details for 14 Greenway St, Turner
14 Greenway St, Turner is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1946. The property has a land size of 1211m2 and floor size of 233m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (November 2023)
Investors, developers, and dream-home enthusiasts get ready to seize an incredible opportunity. Set on a sprawling 1211 m2 block of land, this property offers an immaculate canvas for your vision and the potential to create something truly exceptional.
Key Features:
Generous Size: With a spacious layout spread across 1211 square meters on a corner block, the potential for development is vast! Let your imagination run wild and craft a remarkable project tailored to your exact specifications.
The good news for investors is this property already has 3 separate residents with tenants and collects $7,000 rent per month (approx.) All 3 kitchens, bathrooms, and toilets are renovated, and heating and cooling systems bring comfort and value to the house.
Prime Location: Situated in a sought-after area, this property benefits from an existing RZ3 zoning designed to encourage medium-density housing development. Take advantage of an increasingly popular suburb garnering both interest and investment from buyers and renters alike.
Versatile Layout: This property boasts 5 bedrooms and 3 bathrooms, providing ample space to suit a range of development possibilities. From modern townhouses to upmarket apartments, the options are only limited by your creativity.
Investor Potential: With the growing market demand for well-located, multi-unit dwellings, this property presents an incredible opportunity for investors seeking robust returns and long-term prosperity.
Act Now!
Don't miss the chance to secure this prime piece of real estate, ripe for development. Whether you plan to create a profitable investment or design your dream home, this property offers endless possibilities. Act swiftly to make this exceptional opportunity yours!
Contact Rahi on 0481 081 251 or Nader on 0481 084 174 today to arrange an inspection and discuss the endless potential that awaits you. Opportunities like this are few and far between, so don't delay make your mark on the sizzling real estate market today!
Property History for 14 Greenway St, Turner, ACT 2612
- 28 Sep 2023Listed for Sale $3,500,000
- 21 Jul 2023Listed for Rent $700 / week
- 18 Feb 2022Sold for $2,450,000
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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 2,800 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.
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