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Sold on 29 Aug 2024 - Price Unavailable

20/42 Mckay Lane
Turner ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
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Property Details for 20/42 Mckay Lane, Turner

20/42 Mckay Lane, Turner is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 64m2. 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
Floor Size
64m2
Local Government
Canberra Central
Lot/Plan
TURNER: Block 15, Section 44, Unit 20

Last Listing description (August 2024)

Tucked away on a quite one-way laneway in a leafy suburb of Turner, this one-bedroom unit has a private entrance and shares a wall with one adjoining neighbour only. It is located in prime central location within easy walking and cycling distance to the ANU (500m) and the CBD (800m).

With an east-facing balcony to soak in the morning sun, and large windows providing views of Mount Ainslie and Black Mountain, the unit boasts open and spacious living. With a modern kitchen, hybrid timber flooring, ample built-in storage throughout, and reverse-cycle air conditioning system for heating and cooling, the unit also comes furnished and will be sold in vacant possession.

The unit is located within a well-maintained boutique complex, with solar panels installed on common property and solar export discount shared amongst the units. It is a pet-friendly complex subject to strata approval. The unit also has a secure intercom and Samsung digital door lock for added security and convenience.

This unit would be perfect for investors looking to achieve higher rental yields with a furnished property, or owner occupiers looking to enjoy an inner-city lifestyle.

Key Features:
� One spacious bedroom with built-in robes
� Modern kitchen with gas cooktop, dishwasher, and ample bench space
� Open living area flowing to a private balcony with a leafy outlook
� Reverse cycle air conditioning for year-round comfort
� European laundry with dryer
� Secure single carport and additional storage room
� Separate, secure entrance to the apartment from the main building
� Ample visitor parking
� Access to shared power from the building's solar panels
� Security system for peace of mind

Disclaimer: All information contained herein is gathered from external sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own inquiries and satisfy themselves in all respects.

Disclaimer:
While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

Property History for 20/42 Mckay Lane, Turner, ACT 2612

A timeline of how this property has performed in the market
Last Sold
29 Aug 2024
Listed for Rent
$400/w
29 Jun 2014
  • 29 Aug 2024
    Sold for $466,000
  • 31 Jul 2024
    Listed for Sale Sold
  • 30 Apr 2021
    Sold for $426,500
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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, 123 properties were sold in the past 12 months in Turner.

Suburb Insights for Turner 2612

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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.