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Sold on 23 Oct 2024 - Price Unavailable

3/29 Forbes Street
Turner ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Land area: 2868m2
Sold By
Altair Property
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Property Details for 3/29 Forbes St, Turner

3/29 Forbes St, Turner is a 2 bedroom, 2 bathroom Unit and was built in 2006. The property has a land size of 2868m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Turner in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
83m2
Land Size
2868m2
Local Government
Canberra Central
Lot/Plan
TURNER: Block 30, Section 62, Unit 3

Last Listing description (November 2024)

This unique ground-floor apartment offers all the benefits of apartment living right on the fringe of the city, whilst feeling more akin to a townhouse, with a spacious design and an expansive 156m? of private courtyard space on both sides of the dwelling. The easy access at ground level and low maintenance qualities of this property are sure to be sought after by a range of different buyers.

Situated on the corner position within the boutique "Synergy Apartments" complex of only 24 apartments, this 2 bedroom, 2 bathroom property features direct street frontage whilst still nestled behind your private front courtyard area, providing an oasis in Canberra's vibrant inner North. The property's prime location on a beautiful tree-lined street ensures both tranquillity and convenience, making it an exceptional opportunity for buyers seeking the ideal lifestyle or investment.

Inside, the apartment boasts 83m? of living space, allowing rooms of generous proportions designed for relaxation and entertaining and a well-appointed kitchen with stone benchtops and Bosch stainless steel appliances. Both bedrooms feature built-in robes, and the modern bathrooms, including a bathtub in the main, offer a touch of luxury. Split-system reverse cycle air conditioning keeps the apartment comfortable year-round, while two secure basement car spaces with lift access provide added convenience.

Positioned less than 200 meters from the Ipima Street light rail station, and just moments away from Canberra's top caf?s, restaurants, and retail centres, this property is ideally situated for both residents and investors. Its proximity to public transport, city offices, ANU, schools and local O'Connor shops make it an attractive option for short-term letting, particularly through platforms like Airbnb. The apartment's fully furnished option enhances its appeal to investors looking to capitalize on the lucrative short-term rental market, with potential for high returns due to its desirable location and features.

Don't miss your chance to secure a convenient home on the fringe of the city, or alternatively a high-return investment in one of Canberra's most sought-after areas.

Summary of features:

? Ultra-convenient inner North location, beautiful tree lined street
? Located within the boutique "Synergy Apartments" complex of only 24 apartments
? Ground level courtyard apartment spread over a single level (no stairs)
? Direct access from the street to your apartment
? Spacious living areas affording plenty of space to relax and entertain
? Generous bedrooms (both with built in robes)
? Modern bathrooms (main bathroom includes a bath tub)
? Large private enclosed front and back courtyards (total of 156m2 of outdoor space)
? Well-appointed kitchen with stone benchtops & generous storage
? Bosch stainless steel appliances, including dishwasher
? Split system reverse cycle air conditioning
? Lift access from basement parking to ground level
? Intercom access
? 2 basement car parking spaces + storage enclosure
? Public transportation, retails centres & quality schools all at your doorstep
? Light rail (Ipima Street station) less than 200 metres away
? Canberra city and Canberra best caf?s, restaurants and night life only moments away
? Offered fully furnished and equipped if desired, ideal for investors looking at the option of short term rental
? Airbnb rental track record: Avg. of $1,000 per week over the last 12 months

Key figures:

? Living area: 83m2
? Covered terrace: 15m2
? Front courtyard: 75m2
? Back courtyard: 66m2
? Built: 2008

Property History for 3/29 Forbes St, Turner, ACT 2612

A timeline of how this property has performed in the market
Last Sold
23 Oct 2024
Listed for Rent
$660/w
09 Apr 2019
  • 23 Oct 2024
    Sold
  • 01 Oct 2024
    Listed for Sale By Negotiation
  • 14 May 2021
    Sold for $714,000
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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.
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.