FOR SALE
$378,000

501/2 Akuna Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
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INVESTORS ONLY - Urban City Living

FOR INVESTORS ONLY - PROPERTY CURRENTLY TENANTED FOR 6 MONTHS
Discover the ultimate in urban living with this centrally located apartment in the heart of Canberra City. Ideal for those who prioritize convenience, this versatile property offers a prime investment opportunity whether for personal use, private rental, or as a hassle-free hotel apartment managed by Nesuto Apartments.
The apartment itself has been freshly painted throughout, boasts a comfortable and tidy layout, featuring a well-appointed kitchen, spacious living area, a generously sized bedroom with built-in robes, an internal laundry, and a two-way bathroom complete with a luxurious bathtub.
Additionally, it includes a large study or 2nd bedroom, perfect for those who work from home or require extra space.
Residents and guests alike enjoy exclusive access to first-class amenities including an indoor pool, tennis court, a communal lounge for social gatherings, and a fully equipped gym with a sauna for wellness enthusiasts.
Live in, rent privately, or place your apartment under the Nesuto management by mutual agreement. The options are endless.
Situated within walking distance to major amenities, offices, and shopping centres, the highlight of this building is undoubtedly its prime location, ensuring easy access to everything Canberra has to offer.
Don't miss out on this opportunity to experience urban living at its finest.
Features:
• 2 bedrooms
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Property Details for 501/2 Akuna St, City

501/2 Akuna St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 48m2. The place is currently for sale with Carter and Co Agents.

Building Type
Unit
Floor Size
48m2

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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 3,330 properties. Over the last 5 years, Houses in City have seen a -26.66% decrease in median value, while Units have seen a 8.41% increase. As at 30 November 2024:

  • The median value for Houses in City is $668,667 while the median value for Units is $561,789.
  • Houses have a median rent of $640 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 53 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in City.

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Ally Smith
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Kim Zarevac
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Carter and Co Agents
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