29/219A Northbourne AvenueTurner ACT 2612
Property Details for 29/219a Northbourne Ave, Turner
29/219a Northbourne Ave, Turner is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 5416m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (December 2020)
Belle Property Commercial Canberra are pleased to offer for sale Unit 29, Edgeworth, located within the Midtown Precinct prominently situated on the corner of Northbourne Avenune, Macarthur Avenue and David Street in the highly sought after inner north Canberra suburb of Turner.
Recently completed by HTI, one of Canberras top property development companies, the Midtown Precinct is located adjacent to the Macarthur Avenue light rail stop and comprises 26 residential apartments, 5 commercial tenancies, a public carpark and the newly opened Mantra on Northbourne hotel.
Unit 29 is a 37sqm ground floor commercial tenancy with prominent frontage to the visitor carpark and located directly next door to the popular Clay Caf. The property is leased on the following terms:
Tenant: Sui Spa Canberra
Lease Commencement: 22 July 2020
Lease Term: 5 + 3 years
Commencing Rent: $22,475 pa +GST
Annual Increases: Fixed at 2.5%pa
Outgoings: Tenant pays increases over base year
Security: 3-month bank guarantee + personal guarantee
Belle Property Commercial Canberra are offering the property for sale by Expressions of Interest closing 4pm, Thursday 15th October 2020. For further information or to arrange an inspection, please contact the exclusive agent, Mark Nicholls of Belle Property Commercial Canberra.
Property History for 29/219a Northbourne Ave, Turner, ACT 2612
- 28 Jul 2022Sold for $485,000
- 23 Sep 2020Listed for Sale For Sale by Expression of Interest
- 12 Apr 2019Sold for $373,500
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0About 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 2,805 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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