SOLD
Sold on 01 Aug 2024 for $400,000

2/79 Northbourne Avenue
Turner ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 3906m2
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Property Details for 2/79 Northbourne Ave, Turner

2/79 Northbourne Ave, Turner is a 1 bedroom, 1 bathroom Unit and was built in 1968. The property has a land size of 3906m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Turner in the last 12 months.

Building Type
Unit
Year Built
1968
Land Size
3906m2
Local Government
Canberra Central
Lot/Plan
TURNER: Block 2, Section 41, Unit 2

Last Listing description (July 2024)

Attention homeowners and investors! Prepare to be impressed by this exceptional 1-bedroom plus study unit in the highly sought-after suburb of Turner. This hidden gem offers affordability and convenience with a plethora of upgrades, including a completely renovated kitchen and upgraded bathroom. This unit is perfect for first-time buyers or those looking to add to their investment portfolio.

This oasis is privately positioned away from the bustling streets of Northbourne Avenue, ensuring a peaceful and serene living experience just moments away from the City. Step into this inviting abode and be greeted by an open plan living area that has been freshly painted and has carpet underfoot.

Just a few steps away, you'll find a newly renovated kitchen that boasts sleek appliances, easy care ceramic tiles, and ample pantry and storage space. The unit also comes with a fridge, making it even more convenient for you. With an built in dishwasher, electric 4 burner cooktop, new oven, glass splash back, and range-hood, preparing meals will be a delight.

As you explore further, you'll discover a perfectly situated study nook outside of the bedroom, offering a separate space to focus and limit distractions. Above the study nook, an external window invites a refreshing breeze, creating a tranquil atmosphere. Adjacent to the study, you'll find an upgraded bathroom featuring a shower and bathtub combination, a mirror, a vanity, external ventilation window, along with an LED downlight.

The spacious bedroom awaits you, with enough room to accommodate a king-size bed and still have space for side tables. The wardrobe, accessible through two sliding doors, provides ample storage for all your belongings. Even though you get the security of an allocated carspace in the restricted entry Avenue building next door, you may not need your car thanks to the amazing location so consider renting out the highly sought after car space for around $75/week or $3,900/year for some extra spending money.

Make sure to watch our detailed, walk through video prior to your inspection (and after); it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this unit. It's the most informative property video you will watch during your search, but don't just take our word for it

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

What buyers will love:
Ground floor elevated up 2 steps for added privacy into foyer before entering the property
Property does not face onto Northbourne Avenue offering a quiet position in the development
Windows on two sides (North and South) giving a lovely cross flow ventilation and leafy outlook
Easy Walk to the ANU, the City and Braddon
Building located across the road from the light rail
Upgraded bathroom and totally renovated kitchen (never been used)
Double brick walls to increase the thermal efficiency and reduce outside noise
Single allocated car space in basement of secure building next door (The Avenue) with easy access across the laneway to the Eldon building (additional security and covered protection for the car). Ability to rent the car space separately to the unit
Flexible settlement dates if you have another home you want, or need, to sell or to give more time to secure financing
Vacant possession meaning we can facilitate a quick move in with no need to wait for tenants or owners to relocate, early access prior to settlement is even available via an occupation agreement

The numbers (approx):
Living area: 43m
EER: 5.5 stars (out of a maximum 6 stars)
General rates: $2,596 p.a.
Water & sewerage rates: $748 p.a.
Land tax (investors only): $3,264 p.a.
Strata levies (admin and sinking fund): $2,713 p.a for this individual unit
Total admin funds held by owner's corporation: $67,720 as of 24/06/2024
Total sinking funds held by owner's corporation: $353,554 as of 24/06/2024
Number of units in development: 50
Units plan number: 2085
Strata managing agency: Civium Strata phone
Conservative rental estimate (unfurnished): $470/wk
Previously rented (unfurnished): $430/wk Car space an additional $55/wk
Age: Original building approx. 60 yrs old, units plan was registered in 2002 to allow units to be sold individually

Additional features:
Intercom access for guests
Large open plan living area with carpets and North facing window
Study nook outside the bedroom and separate from the living areas
Renovated kitchen with all new sleek appliances including, electric oven and cooktop, range hood and dishwasher plus there is a fridge included in sale and there is lots of cupboards and additional storage
Updated bathroom with shower over a bath, vanity, toilet and window for ventilation
Large bedroom that can fit a king size bed with a double sliding robe and North facing window
Electric hot water system privately located in the kitchen behind the cupboards
Communal/lockable bike storage within the development
Communal/lockable laundry within the development
No lifts, gyms or pools making it a simple and cheap strata

The Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
Offers can be subject to finance or unconditional and on a contract (preferred)
Offers are confidential & will not be disclosed to other buyers for privacy purposes
We help negotiate amendments to the contract such as settlement dates or exchange deposits
A 5% deposit is acceptable via eft just prior to exchange of contracts
We have a solicitor allocated who can provide a FREE contract review

Property History for 2/79 Northbourne Ave, Turner, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$400,000
01 Aug 2024
Listed for Rent
$430/w
24 Apr 2023
  • 01 Aug 2024
    Sold for $400,000
  • 24 Jul 2024
    Listed for Sale Offers over $350,000
  • 10 Mar 2023
    Listed for Rent $430 / 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 2,800 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.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Turner on OnTheHouse. According to CoreLogic's data, 124 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.