OFF MARKET

1016/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 16 Sep 2024
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Property Details for 1016/25 Edinburgh Ave, City

1016/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014.

Building Type
Unit
Year Built
2014
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 95

Last Listing description (November 2023)

NO NEED TO REGISTER FOR AN OPEN HOME, COME ON THROUGH

Fully furnished options and flexible arrangements below:

- 12 months = $500pw

- 9 months = $530pw
- 6 months = $570pw
- 3 months = $620pw

A truly unique property, it's often sought and seldom found where an apartment offers a premium Inner City location and lake view orientation plus high calibre fully furnished fixtures and fittings.

Offering an unrivalled position, this home is in a location oh so close to the CBD without living on top of it. Acclaimed restaurants, cafes and cocktail bars are within the New Acton precinct all within a 5min stroll

Located in the 'Nishi' building, this property combines it all for great liveability and an easy lock up and leave lifestyle. Set in a location with many conveniences, simply move in and enjoy!

Apartment features:

- Fully Furnished
- Hydronic heating
- Level 10 views over Lake Burley Griffin
- Palace Cinemas, Monster Kitchen and Bar, and Makeshift Cafe within the building.
- Only a short walk to the Canberra Centre and the ANU,
- The 'New Acton' precinct is the prime location for the professional or student that want's independence in a smaller apartment.
- The Nishi building is innovative with a mix of hidden storage and beautiful lines
- Murphy bed (fold up and into the cupboard) can be discreetly stored when entertaining
The property complies with the minimum ceiling insulation standard.

In accordance with the Residential Tenancies Act Clause 71AE, Process for tenant seeking consent - the tenant must apply, in writing, to the lessor, for the lessors' consent to keep pet/s at this property.

This property complies with the minimum ceiling insulation requirements

Property History for 1016/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$630/w
19 Jan 2023
  • 22 Nov 2023
    Listed for Rent $560 / week
  • 14 Jul 2021
    Listed for Rent $630 / week
  • 10 Sep 2020
    Listed for Sale Not Disclosed

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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 3,318 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 44 properties listed for sale, and 38 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in City.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.