148 Monaro Crescent, Red Hill, ACT, 2603 - House Sold on 12 05 2026

SoldMay 12, 2026

148 Monaro Crescent, Red Hill, ACT, 2603

Amount undisclosed

House

•

30+ days on the market

Sold: May 12, 2026

What's around 148 Monaro Crescent

Unique Inner South Opportunity – Invest Today, Redevelop Tomorrow

Positioned in one of Red Hill's most tightly held pockets, this rare opportunity presents three self-contained apartments within a single complex. Set along the prestigious Monaro Crescent, it offers a solid foundation for long-term growth, whether held as a blue-chip investment, stylishly renovated to elevate returns, or redeveloped to your liking. Property Overview * Three separate, self-contained apartments on one title * Total estimated rental income: Circa $90,000 per annum * Premium location in one of Red Hill's most tightly held streets * Outstanding potential for investment, renovation, or redevelopment Unit One - Elevated Living Occupying the entire top floor, this spacious residence captures a leafy, elevated outlook. A generous living area opens to a full-width balcony, ideal for entertaining, while the dining and kitchen are thoughtfully positioned for everyday ease. Three bedrooms are tucked down a private hallway, with the primary bedroom enjoying both an ensuite and balcony access. * Three bedrooms, two bathrooms * Expansive balcony with elevated outlook * Estimated lease: $800 per week Unit Two – Practical Comfort The first ground-floor apartment delivers convenience and practicality. A well-proportioned living room welcomes natural light through a wide window, flowing seamlessly to a generously sized kitchen. Down the hallway, a large primary bedroom and neatly appointed bathroom complete the layout. * One bedroom, one bathroom * Light-filled living space * Currently leased: $470 per week Unit Three – Low-Maintenance Ease The second ground-floor apartment is designed for simple, low-maintenance living. A cosy living area connects to a compact kitchen, while the spacious bedroom enjoys easy access to the bathroom. Ample storage off the living room adds to the practicality. * One bedroom, one bathroom * Functional layout with built-in storage * Estimated lease: $450 per week Location – Lifestyle Meets Longevity Red Hill is renowned for its natural beauty, tree-lined streets, and timeless prestige. Residents enjoy easy access to Red Hill Nature Reserve for weekend hikes or morning strolls, while vibrant dining and boutique precincts in Manuka and Kingston are just minutes away. Top schools, including Canberra Grammar and Red Hill Primary, add to the desirability. With the CBD only 13 minutes by car, this location combines connectivity, lifestyle, and enduring value. * SupaExpress – 5-minute walk * Kingston – 7-minute drive * Manuka – 7-minute drive * Canberra Outlet Centre – 9-minute drive * Wide shared lawns and a communal laundry complete the complex Property specifics • Land area: 767sqm (apx.) • Living area: 234.72sqm (apx.) • Unimproved land value: $1,280,000 (2025) • Rates: $7,100 (apx.) • Land tax: $15,288 (apx.) only applicable if the property is tenanted • Energy efficiency rating: 1.5 stars Please note that the images that are advertised have been virtually styled and enhanced. Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.

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Buyer's review

4 months ago

Verified Review

He is great bridge between both sides

Always prompt action. Good helper and advisor.

Buyer

Seller's review

4 days ago

Verified Review

Ahmad SOUWEID - A record result and a genuine pleasure to work with

**A record result and a genuine pleasure to work with** We engaged Ahmad Souweid of Blackshaw Manuka to sell a 1950s block of units in Red Hill — a distinctive property that needed an agent who could find the right buyer rather than simply the nearest one. Ahmad did exactly that, achieving a record price for a block of this kind in Red Hill. What set him apart was his judgement. Ahmad is calm, level-headed and genuinely insightful about the market. He knew precisely who the buyers for this asset were, how to reach them and what would motivate them — and his read on conditions was consistently on the money. He also worked tirelessly. A multi-unit block on a single title, sold subject to tenancy, is not a run-of-the-mill campaign, and Ahmad gave it the energy and attention it deserved from listing right through to exchange. Where he added the most value was during contract negotiations. His advice was practical, well-informed and refreshingly honest — including when it wasn't what we wanted to hear. He kept things moving smoothly through settlement and stayed engaged and responsive right to the finish line, rather than disappearing once the contract was signed. With two vendor entities involved, he managed communication between everyone seamlessly — and he coordinated inspections across multiple tenanted units with real care, working around residents' schedules so the property always presented at its best while keeping the tenants comfortable and well informed throughout. I would recommend Ahmad Souweid wholeheartedly to anyone selling in the inner south, and especially to anyone with a property that doesn't fit the standard residential mould. A first-class result and a first-class experience.

John B

Seller