FOR SALE
$629,000

105/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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High Return Investment - Yield of 5.7%^

Currently operating within the BreakFree scheme, run by Accor Hotels providing high, consistent returns.
Ability to live in with short notice.
Option to renew an agreement with Accor Hotels.
Offered furnished.
Discover the epitome of urban living within the iconic Capital Tower. Boasting an unparalleled location, this 2-bedroom, 2-bathroom residence provides an enviable lifestyle with direct access to the Acton Waterfront and Lake Burley Griffin, right from your doorstep.
Upon entering, natural light floods the space through floor-to-ceiling windows, creating an inviting ambiance in the expansive living and dining area. Step onto the balcony that spans the entire width of the apartment, seamlessly blending indoor and outdoor living for flexible relaxation or entertaining.
The well-appointed kitchen boasts practicality with large granite benchtops, ample cupboard space, an ergonomic oven, and an overhead microwave alcove. Convenience meets luxury with a separate powder room and a main bathroom featuring a bathtub, separate shower, and stone top vanity.
Both bedrooms offer balcony access, with the main bedroom featuring a generous walk-through robe and ensuite.
"Capital Tower" boasts exceptional on-site amenities including an outdoor pool, BBQ area, two tennis courts, sauna, gym, and squash court, ensuring every recreational need is met without leaving home. Being a proven high return investment, this is the perfect buy for those looking to generate a hassle-free income. Unit 105 is within the "BreakFree" scheme, which operate short stay accommodation, meaning no need to lift a finger. The apartment is also being sold fully furnished. If you wish however, it can be owner occupied or rented privately.
Located in the thriving NewActon precinct, experience the best of Canberra's cafes, restaurants, bars, and Palace Cinemas at your doorstep. The upcoming stage of the Light Rail Network will further enhance connectivity, with two stations just a few hundred meters away from Capital Tower.
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Property Details for 105/2 Marcus Clarke St, City

105/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 97m2. The place is currently for sale with Blackshaw Manuka.

Building Type
Apartment
Floor Size
97m2

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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,317 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 42 properties listed for sale, and 39 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in City.

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Campbell Jones
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Blackshaw Manuka
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