OFF MARKET

205/4 Masson Street
Turner ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 205/4 Masson St, Turner

205/4 Masson St, Turner is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2015
Local Government
Canberra Central
Lot/Plan
TURNER: Block 19, Section 43, Unit 10

Last Listing description (January 2020)

This elevated apartment rests comfortably at the rear of Brooklyn; a modern, well-placed development fronting Haig Park. The green pastures of the park are opposite your front door, as is the cultural hub of Braddon then the city is just a few moments down the street from there. Getting your morning coffee has never been easier.

Youll be perfectly set up to enjoy the delights of such a well-placed locale while reaping the benefits of the private location. The well thought out floorplan allows the kitchen, living space & bedroom to be effortlessly connected with an easy flow, maximising all useable space.

The previous owner lived in & loved the unit after getting in early & buying it off the plan on day 1. It is now currently rented to house proud tenants who would be happy to stay on, meaning investors will have a gross rental yield of around 6.8%.

Perhaps you are looking for an Inner City pad to stay part time in Canberra and what a choice this would be. The proximity to the City means you can walk everywhere. For those looking for a great investment or the flexibility of staying in the unit part time whilst maximising your income, Airbnb could be a consideration. Initial estimates indicate an income of up to $180 per night.

SMS "205" to 0407 121 412 to get a copy of the digital brochure with contract.

Apartment #205 Features:
- Available with vacant possession for live in owners
- As new, only 4 years young
- Open plan living and dining with custom TV cabinets/storage
- Modern kitchen with black ASKO cooking appliances, stone benchtops, dishwasher, mirrored splashback plus built in fridge/freezer
- Main bedroom features full wall of built in robes
- Modern bathroom with, lots of storage and full height tiling
- Vinyl timber look flooring in living areas
- Double sliding doors leading to covered balcony with privacy screens and views to Black Mountain
- LED Downlighting throughout
- Combined washer/dryer
- VDSL2 available
- Reverse cycle heating and cooling
- Currently rented at $460 per week until the 29th Jan 2020 to house proud tenants who would love to stay on
- Investors, receive a gross rental yield of around 6.8%

Brooklyn development and location features:
- Boutique development of only 34 apartments
- Located directly opposite Haig Park
- Landscaped rooftop garden on level 4
- Pet friendly (subject to strata notification)
- 9 visitor car spaces in basement
- Intercom system, lift access
- Single allocated car space in basement with restricted access
- 3 minute walk to Braddon and Elouera St Light Rail station
- 7 minute walk to Canberra Centre
- 7 minute walk to ANU

Offer Process:
-We have a solicitor pre-allocated to provide a FREE contract review.
-Offers are confidential & not disclosed to other buyers.
-A 5% deposit (which can be paid via BPay) is only required just prior to exchange of contracts.

Property History for 205/4 Masson St, Turner, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$365,500
24 Jan 2020
  • 24 Jan 2020
    Sold for $365,500
  • 04 Dec 2019
    Listed for Sale Offers over $340,000
  • 15 Apr 2015
    Sold for $334,900

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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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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.