100/20 Allara StreetCity ACT 2601
Property Details for 100/20 Allara St, City
100/20 Allara St, City is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (April 2023)
This well situated one bedroom apartment offers everything from convenience to an abundance of sunlight to excellent investment potential. Located in the heart of the City and just a stones throw away from the Canberra Centre and award-winning local eateries that will fill your evenings with delight. It is also within moments to Australian National University which is arguably one of the best universities that Australia has to offer.
The apartment features contrasting colours of black and white which is striking and creates an elegant feel throughout. Drenched in natural sunlight and therefore appealing to everyone that's looking for a bright and airy space. The kitchen has sleek black cupboards which are complimented by the built-in black appliances as well as the expansive stone benchtop. Feel comfortable all year round with the ducted heating and cooling system.
Currently tenanted at $575 per week on a fixed-term lease until 2nd October 2023 and is currently used as an AirBnb so there is plenty of opportunity for this property to provide a fantastic return
Summary:
Flooded with natural light
Tenanted to an Air BNB client and therefore has great investment returns
Excellent location in the heart of Canberra CBD
Modern finishes
Sleek black and white kitchen with black appliances
Built in microwave
Storage cage included
59m2 internally & 7m2 of balcony space
Figure summary (all approx.):
Body corporate: $689p.q
General rates: $421p.q
Water & sewerage: $175p.q
Land tax (if let): $490p.q
Built in 2021
Property History for 100/20 Allara St, City, ACT 2601
- 04 Apr 2023Sold for $550,000
- 25 Jan 2023Listed for Sale $549,000+
- 31 Oct 2017Sold for $425,000
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0About 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 3,283 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.
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