FOR SALE
Offers Over $260,000

220/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
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1-Bedroom Apartment in the City $260,000+

Location, Location and Location!!
Located at the heart of the Canberre City, this ultra-affordable apartment at the Nesuto (previously known as Waldorf) is perfect for first home buyers and savvy investors alike.
Boasting a one-bedroom, one-bathroom layout, and an alfresco area, this cozy 51sqm (43 + 8 sqm) residence offers all the essentials for modern living. The property is equipped with ducted heating and cooling to keep you comfortable year-round, and built-in robes ensure ample storage space.
The apartment complex itself features impressive amenities including a gym and an swimming pool, making it easy to stay active and relaxed without leaving home. The location is second to none, with proximity to Canberra's vibrant shopping and dining precincts, as well as excellent public transport options to get you anywhere you need to go.
For investors, you have the options of renting it out as usual, renting out to Nesuto Hotel, AirBnb, or managing it yourself. The location makes it an ideal choice for all 4!
Don't miss out on this rare opportunity to secure an affordable slice of city living. Whether you're stepping onto the property ladder for the first time or looking to add a high-demand rental property to your portfolio, this apartment ticks all the boxes.
Features:
- North-West facing alfresco area
- Ducted heating & cooling
- Wraparound kitchen
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Property Details for 220/2 Akuna St, City

220/2 Akuna St, City is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 43m2. The place is currently for sale with LJ Hooker Canberra City.

Building Type
Apartment
Floor Size
43m2

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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 3,285 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 47 properties listed for sale, and 45 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in City.

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Tahmeed Towfiq
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LJ Hooker Canberra City
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