GreenWay

With Black Diamond announced as the final release at Geocon&rsquo;s Aspen Village development, buyers are presented with their final opportunity to invest in the sought-after Greenway project.

&ldquo;Aspen Village set a new standard for &lsquo;alpine chic&rsquo; apartment living in Greenway when it launched in April this year,&rdquo; Geocon managing director, Nick Georgalis said.

Officially on the market, the latest stage offers something for everyone, from investors to first home buyers to downsizers.

Located in the middle of the Tuggeranong CBD, its 295 apartments present a mix of one and two-bedroom opportunities, with some three-bedroom apartments also on offer.

[smartcode_project:default project_id=107705 project_image_fid=175004]

Geocon sales agent Adam Morgan says this is &ldquo;super affordable&rdquo; when compared to buying a home in the suburbs.

Georgalis said: &quot;With prices starting at less than $300,000, these apartments present outstanding value, considering the unprecedented levels of amenity and comfort which have been included.&rdquo;

<h2>But why invest?</h2>

[smartcode_project:default project_id=107705 project_image_fid=175000]

Tuggeranong is located 20-kilometres to the south of the Canberra CBD, an easy 20-minute drive.

Rich in parklands and nature reserves, the suburb sits to the east of the historic Murrumbidgee River and is close to Lake Tuggeranong, featuring the established retail precinct, Tuggeranong Town Centre and excellent community amenity.

Considered one of the ACT&rsquo;s employment hubs, the region surrounding Black Diamond boasts a vibrant mix of private businesses and government departments including the Department of Human Services and the Department of Social Services.

It offers extensive transport connections to the Canberra CBD and beyond via road and bicycle, and presents an opportunity for first home buyers and investors to enter the Canberra property market.

<blockquote>
Tuggeranong &ldquo;[boasts] value for money that&rsquo;s increasingly hard to find elsewhere,&rdquo; the project marketing reads.
</blockquote>

In fact, in many instances, it&rsquo;s more affordable to buy than rent, according to the developers.

[smartcode_project:default project_id=107705 project_image_fid=175003]

In addition to those looking to owner-occupy, an undersupply of quality homes means that there is high demand for rental properties in the region &mdash; making Black Diamond an ideal investment with rental returns up to 7 per cent being achieved.

Inspired by Aspen&rsquo;s ski villages, Black Diamond delivers modern living on Canberra&rsquo;s unspoilt natural fringe, where the atmosphere of the mountains meets the buzz of the city.

The development includes an &lsquo;Alpine Bathhouse&rsquo; featuring a 12-person sauna and three private spa rooms for exclusive residents use, luxurious outdoor rooftop entertaining areas and a heated infinity pool.

[smartcode_project:default project_id=107705 project_image_fid=175001]

Light-filled apartments feature high-end finishes and spacious storage solutions, with the choice between two interior design schemes and extensive parking.

&ldquo;Buyers at Black Diamond will be within striking distance of the snowfields, dining precincts, shopping centres and public transport hubs&rdquo;, Georgalis said.

<blockquote>
&ldquo;It&rsquo;s a rare opportunity for Australian living, where such a high-level of amenity and simple connections to city and the snow fields are on offer.&rdquo;
</blockquote>

The development is situated a one-minute walk to Lake Tuggeranong, five-minute walk to South Point Shopping Centre and is under two hours drive from Jindabyne, the gateway to the snow.

[smartcode_project_cta: project_id=107705]

With Black Diamond announced as the final release at Geocon’s Aspen Village development, buyers are presented with their final opportunity to invest in the sought-after Greenway project. 

max.kwok_55688

Black Diamond, the final stage of Geocon's Aspen Village, Canberra apartment development: What you need to know before buying

<html><body>
A major piece of green infrastructure is closer to reality in Sydney's inner suburbs with the draft GreenWay Master Plan now on show.

The significant step is the latest in the 15 year bid to deliver the remaining 3.2 kilometre section of GreenWay walking and cycle path through Lewisham West and Dulwich Hill that will link with existing green infrastructure at either end. Expected is a $57 million capital outlay to see the project through to fruition, with approximately half of that amount already in place.

The GreenWay Master Plan "sets out a unique, integrated, place-based approach which combines the four main functions of the GreenWay – active travel, ecology, recreation and culture – in each of the six precincts along the 5.8km corridor."

In its entirety, the green corridor spans 5.8 kilometres from Cooks River to Parramatta River's Iron Cove.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image40_10.jpg" rel="gallery-all" title="Hawthorn Canal Precinct. Image: GreenWay Master Plan"><img alt="" class="image-article-full-width-580px" height="364" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image40_10.jpg?itok=ATIUcKlF" title="Hawthorn Canal Precinct. Image: GreenWay Master Plan" width="580"></a>

<figcaption>Hawthorn Canal Precinct. Image: GreenWay Master Plan</figcaption></figure>Backed by multi-disciplinary design studio McGregor Coxall, the GreenWay design mirrors the route of the Inner West Light Rail. The all-encompassing nature of the project sees bike paths and foreshore walks, cultural and historical sites, public art, community events, cafes, parks, playgrounds and sporting facilities included.

Major components of the draft GreenWay Master Plan include:

<ul>
<li>4 ha of revegetation and bank naturalisation</li>
	<li>Improvements to existing and newly accessible public open space</li>
	<li>Public art installations along the length of the corridor</li>
	<li>Completion of the remaining 3.2 km of GreenWay walking and cycle path</li>
</ul>
Construction of the already funded stages is expected to commence in 2019, with latter stages slated for a 2020 start. All works as outlined within the draft GreenWay Master Plan will be rolled out over the next 10 to 15 years.

"In line with the Government Architect office NSW vision for a Green Grid network throughout the Sydney Metropolitan area, the Greater Sydney Commission has identified the GreenWay as the number one priority Green Grid project in the Eastern City District Plan". 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image41_8.jpg" rel="gallery-all" title="Dulwich Grove precinct. Image: GreenWay Master Plan - Visualisation of the "><img alt="" class="image-article-full-width-580px" height="382" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image41_8.jpg?itok=bEwZeAm1" title="Dulwich Grove precinct. Image: GreenWay Master Plan - Visualisation of the " width="580"></a>

<figcaption>Dulwich Grove precinct. Image: GreenWay Master Plan - Visualisation of the</figcaption></figure><h2>What they say</h2>

<blockquote>
The GreenWay was first envisaged twenty years ago, and the current Master Plan follows two decades of hard work to keep the idea alive and bring it to this point, much of it by volunteers. It's an honour to play a role at this important time in the life of the GreenWay.

In 2018, the project resonates in a city where residents are demanding better quality open space and natural areas, active transport links, and places where local arts and cultural programs can flourish.
<cite>Quotes Project Director, Alexa McAuley</cite>
</blockquote>

<blockquote>
The Inner West GreenWay has got every single thing you want to have as part of the Green Grid. Green space is a key hallmark of liveability. We propose a network of high-quality green space that connects town centres, public transport hubs and major residential areas. Known as the Sydney Green Grid, it is an integral part of the Greater Sydney Region and District Plans.

The Green Grid promotes sustainable development while maximising quality of life and wellbeing.
<cite>Environment Commissioner Rod Simpson</cite>
</blockquote>

It's expected that the finalised 2018 GreenWay Master Plan will be adopted by Inner West Council in August. Public comments are invited regarding the draft Plan which is on public exhibition until 24th June. The draft plan is available at <a href="http://yoursayinnerwest.com.au/greenway">yoursayinnerwest.com.au/greenway</a>
</body></html>

silvermb

Sydney's GreenWay Draft Master Plan open for public comment

<html><body>
Greenway has the highest unit stock increase in the ACT in recent times, according to Investar’s latest report.
The property investment firm says that Greenway’s unit stock has increased by 105 percent, from 20 to 41.
For the median price of $340,000 an investor can purchase a two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-act-greenway-119417611">304 SQ1 Anketell Street</a>, Greenway (above) for $335,000.
Similarly a one bedroom unit at <a href="https://www.realestate.com.au/property-apartment-act-greenway-124223582">20/114 Athllon Drive</a>, Greenway (below) has been listed for $319,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/17/20_114%20Athllon%20Drive.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-act-greenway-122592190">16/114 Athllon Driv</a>e, Greenway (below) was sold for $350,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/17/16_114%20Athllon%20Drive.jpg" alt="">
Similarly a one bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-act-greenway-122411506">26/2 Eileen Good Street</a>, Greenway (below) was sold for $300,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/17/26_2%20Eileen%20Good%20Street.jpg" alt="">
</body></html>

GreenWay

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

GreenWay

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News